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	3.95
SBS FirstHome Combo	3.99
TSB Special	4.39
SBS Bank Special	4.49
ICBC	4.49
Co-operative Bank - First Home Special	4.49
Unity Special	4.49
ASB Bank	4.59
ANZ Special	4.59
Nelson Building Society	4.59
Westpac Special	4.59

Nelson Building Society	4.87
BNZ - Std	4.89
Kiwibank Special	4.89
Unity Special	4.89
TSB Special	4.89
SBS Bank Special	4.89
ICBC	4.89
Kainga Ora	4.95
China Construction Bank	4.95
First Credit Union Special	4.95
ASB Bank	5.09

Westpac Special	5.59
ICBC	5.65
Kainga Ora	5.69
TSB Special	5.69
SBS Bank Special	5.69
AIA - Go Home Loans	5.69
ASB Bank	5.69
BNZ - Std	5.79
Co-operative Bank - Owner Occ	5.89
Kiwibank Special	5.89
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
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ICBC	5.39
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Commercial

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

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