Undisclosed buyer acquired 10c Stonedon Drive property in East Tamaki, Auckland from Property For Industry Limited (NZSE:PFI) for NZD 20.9 million on October 16, 2023. Settlement of the divestment is scheduled to take place late-June 2024. After initially repaying bank facilities, the proceeds will be used to fund the Company?s on-going brownfield opportunities.

Undisclosed buyer completed the acquisition of 10c Stonedon Drive property in East Tamaki, Auckland from Property For Industry Limited (NZSE:PFI) for NZD 20.9 million on October 16, 2023.