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	4.09
SBS FirstHome Combo	4.19
ICBC	4.49
Kainga Ora	4.59
Co-operative Bank - First Home Special	4.59
ANZ Special	4.65
AIA - Go Home Loans	4.65
ASB Bank	4.65
TSB Special	4.69
Co-operative Bank - Owner Occ	4.69
SBS Bank Special	4.69

China Construction Bank	4.95
Kainga Ora	4.95
ICBC	4.99
Nelson Building Society	5.09
Westpac Special	5.19
Kiwibank Special	5.19
Co-operative Bank - First Home Special	5.19
TSB Special	5.25
ASB Bank	5.25
AIA - Go Home Loans	5.25
SBS Bank Special	5.29

Westpac Special	5.49
SBS Bank Special	5.49
BNZ - Std	5.49
AIA - Go Home Loans	5.59
ASB Bank	5.59
ICBC	5.65
Kiwibank Special	5.69
Kainga Ora	5.69
Co-operative Bank - First Home Special	5.69
Co-operative Bank - Owner Occ	5.79
TSB Special	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	4.20
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
ICBC	5.39
Kiwibank Special	5.75
Kainga Ora	5.79
Unity Standard	5.79
Unity Special	5.79

Commercial

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

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