Property for Industry Limited (NZX: PFI) Carlaw Park Divestment

Property for Industry Limited is pleased to announce the divestment of the Company’s mixed-use Carlaw Park property in Parnell, Auckland, to a private investor.

Colliers International marketed the property, which has been sold for a gross sales price of $110.0 million. The property was last valued in December 2020 at $102.4 million.

The divestment follows the completion of several asset management initiatives at the property and is one of the key planned divestments of PFI’s non-industrial properties.

Settlement of the divestment is scheduled to take place in the fourth quarter of 2021.

Further details will be provided when the Company announces its annual results on Monday, 22 February 2021.

Please see the link below for details:

Carlaw Park Divestment

Source: Property for Industry Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

VCT - Full year results date & investor webcast details
ANZ - Air New Zealand 2026 Annual Results Webcast Details
SKC - Asset Monetisation Programme Update
July 17th Morning Report
MEL - Meridian Energy monthly operating report for June 2026
Devon Funds Morning Note - 15 July 2026
BIT - Transaction in Own Shares
Summerset Welcomes Alison Barrass to Board
LIC - Full Year Results 2025-26
VHP - Full Year Results Announcement Date and Webcast Details