Commercial

Investor deal close for motor raceway

Developers of the Taupo motorsport track hope to sign two main investors for the $14 million redevelopment in the next few weeks.

Tuesday, October 12th 2004

"If these negotiations are successful then we will definitely have the funding to build it," Chris Abbott, a director of MIT (Motor Industry Taupo) Development, said.

"We are just discussing details, and resolution is only a matter of weeks away. It's coming down to the wire."

If the negotiations broke down, the project would be delayed, Mr Abbott said, but if they ended successfully then work could start within weeks.

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Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
Co-operative Bank - Owner Occ	4.45
TSB Special	4.49
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
BNZ - Std	4.49
Kiwibank Special	4.49
TSB Special	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	4.65
Unity Special	4.65

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

SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
AIA - Back My Build	4.44
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
TSB Special	5.94

Commercial

Investor deal close for motor raceway

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