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2 months ago
BRIEF-Metlifecare updates on acquisition of a 2.38 hectare site at 197 Botany road
May 24, 2017 / 10:08 AM / 2 months ago

BRIEF-Metlifecare updates on acquisition of a 2.38 hectare site at 197 Botany road

1 Min Read

May 24 (Reuters) - Metlifecare Ltd:

* Acquisition of a 2.38 hectare site at 197 Botany road in East Auckland is now unconditional

* Company plans to invest $140 million in a new retirement village on site, which is adjacent to Pakuranga Golf Course

* Land acquisition and subsequent development will be debt-funded

* All figures in NZ$ Source text for Eikon: Further company coverage:

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