ARG
21/12/2015 08:53
ASSET
NOT PRICE SENSITIVE
REL: 0853 HRS Argosy Property Limited
ASSET: ARG: Argosy announces disposal of Wagener Place
Argosy has today announced it has entered into an unconditional agreement to
sell the industrial property at Wagener Place, St Lukes in Auckland for $10.5
million as well as the Storage King business that occupies the property for
$500,000.
The property has been classified as non Core and does not fit into the
company's strategy.
Settlement is expected to take place in March 2016.
Argosy has to date sold properties with a combined value of $36.1 million in
the 2016 financial year.
- END -
Press enquiries
Peter Mence
Chief Executive Officer
Argosy Property Limited
Telephone: 09 304 3411
Email: [email protected]
Dave Fraser
Chief Financial Officer
Argosy Property Limited
Telephone: 09 304 3469
Email: [email protected]
Scott Lunny
Investor Relations Manager
Argosy Property Limited
Telephone: 09 304 3426
Email: [email protected]
End CA:00275454 For:ARG Type:ASSET Time:2015-12-21 08:53:59
