25 Aug 2011

Another property sold by DNZ Property Fund

9:07 am on 25 August 2011

DNZ Property Fund has sold another property, this time a building in Takapuna.

The fund sold the property on Hurstmere Road for just over $18 million.

This follows the sale of two buildings in Wellington for $31.5 million.

Proceeds from the sales will be used to repay bank debt.