House Prices

Investors support $232m syndicate

A new $232 million property entity has emerged from Wellington's St Laurence Group after widespread acceptance of its syndicate offer.

Friday, February 27th 2004

Now, St Laurence wants to transform itself into a more active entity, aiming for a sharemarket listing and to form joint ventures with various developers to change at least half its real estate holdings.

St Laurence managing director Kevin Podmore said yesterday 86 per cent of investors in 13 property investment funds accepted an offer made late last year and were issued with property notes.

Read More - Opens in a new window

Property sector still strong in Manawatu

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
TSB Special	4.39
Co-operative Bank - Owner Occ	4.45
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

Westpac Special	4.45
SBS Bank Special	4.49
BNZ - Std	4.49
Kiwibank Special	4.49
TSB Special	4.49
AIA - Go Home Loans	4.49
ANZ Special	4.49
ASB Bank	4.49
Co-operative Bank - Owner Occ	4.49
ICBC	4.59
Wairarapa Building Society	4.59

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
BNZ - Std	4.99
AIA - Go Home Loans	5.15
ASB Bank	5.15
Co-operative Bank - Owner Occ	5.19
ANZ	5.39
TSB Special	5.39
Kiwibank Special	5.39
Kainga Ora	5.49

SBS FirstHome Combo	3.44
AIA - Back My Build	3.54
SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
Co-operative Bank - Owner Occ	5.30
Co-operative Bank - Standard	5.30
ICBC	5.39
Heartland Bank - Online	5.45
Kiwibank - Offset	5.80
Kiwibank	5.80
ANZ	5.89

House Prices

Investors support $232m syndicate

Next Article

Most Read

Top Mortgage Rates

More Stories

Another swipe at property investors

Capital gains tax almost irrelevant – English

New rules for meth contaminated houses

Spending confidence low and likely to fall further