Vicinity Limited cancelled the acquisition of Property at Corner of Taranaki and Jessie Streets, Wellington from The Colonial Motor Company Limited.

Vicinity Limited entered into an unconditional contract to acquire Property at Corner of Taranaki and Jessie Streets, Wellington from The Colonial Motor Company Limited (NZSE:CMO) on July 1, 2015. The transaction is expected to close on August 31, 2015. Vicinity Limited cancelled the acquisition of Property at Corner of Taranaki and Jessie Streets, Wellington from The Colonial Motor Company Limited (NZSE:CMO) on July 1, 2016.