AKL auckland real estate trust
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News: AKL Auckland Real Estate Announces Strategic Acquisition Of Properties To Create Fusion...

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    11/03/21
    17:20
    Post #: 51698492

    March 11 (Reuters) - Auckland Real Estate Trust (AKL) :

    • STRATEGIC ACQUISITION OF PROPERTIES TO CREATE FUSION PROJECT
    • ANNOUNCES CONSOLIDATION OF 3 STRATEGIC PROPERTIES WHICH WILL FORM A NEW 14,500SQM A-GRADE OFFICE COMPLEX
    • ACQUISITION OF TWO PROPERTIES FOR $58M
    • FUSION'S ESTIMATED VALUE AT COMPLETION IN EXCESS OF $160M
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