Commercial

NZ's Urbus Properties Sells Building For NZ$4.8M

New Zealand property investment company, Urbus Properties Ltd. (URB.NZ), Tuesday said it has sold an office building for NZ$4.8 million, about NZ$500,000 above the current book value.

Wednesday, July 14th 2004

"This property was identified as part of the Urbus Properties strategic plan as being for sale in the short term," Urbus chief executive Murry Barclay said in a statement to the stock exchange.

The office building, located north of Wellington in Palmerston North, was sold unconditionally to an unidentified buyer.

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Unity First Home Buyer special	3.99
SBS FirstHome Combo	3.99
TSB Special	4.39
Co-operative Bank - First Home Special	4.39
ICBC	4.39
SBS Bank Special	4.49
Unity Special	4.49
ANZ Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49
Co-operative Bank - Owner Occ	4.49

Kainga Ora	4.49
ICBC	4.59
ANZ Special	4.69
BNZ - Std	4.69
Wairarapa Building Society	4.79
Nelson Building Society	4.87
Westpac Special	4.89
Kiwibank Special	4.89
Co-operative Bank - Owner Occ	4.89
Unity Special	4.89
TSB Special	4.89

Kainga Ora	5.15
ICBC	5.19
Westpac Special	5.29
ASB Bank	5.69
TSB Special	5.69
BNZ - Std	5.69
SBS Bank Special	5.69
Co-operative Bank - Owner Occ	5.69
AIA - Go Home Loans	5.69
Kiwibank Special	5.79
Westpac	5.89

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kainga Ora	5.69
Kiwibank	5.75

Commercial

NZ's Urbus Properties Sells Building For NZ$4.8M

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