ARG
19/12/2012 15:27
ASSET
REL: 1527 HRS Argosy Property Limited
ASSET: ARG: Argosy announces sale of vacant land in Palmerston North
Argosy Property Limited is please to announce the unconditional sale of 1.1
hectares of vacant land in Palmerston North.
The vacant land sold for $110 per square metre at a price of $1.2 million,
which is 59% above book value.
The sale is part of the Company's strategy of selling vacant land and
under-yielding property.
End CA:00231384 For:ARG Type:ASSET Time:2012-12-19 15:27:27
Price at posting:
91.5¢ Sentiment: None Disclosure: Held
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