AMP Capital sells $882 mln property portfolio to PSP: Reuters
New Zealand's biggest unlisted property investment trust said on Thursday it had sold a portfolio of 18 commercial and office buildings to Public Sector Pension Investment Board (PSP Investments) for more than US$881.7 million, Reuters reported. Among the properties being sold are two large retail centers in the biggest city, Auckland, and a central city office block and shops in the capital, Wellington. AMP Capital will provide management services for the properties.
10 July 2014•1 min read
