Auckland One sells to Westfield for $121m
Australian shopping centre operator Westfield and its Asian investment partners in joint venture company Auckland One have parted company over the multi-million dollar 10-year redevelopment of the 277 Broadway shopping centre in Auckland.The proposed development covers 7ha bounded by Broadway, Morrow St, Gillies Ave and Mortimer Pass.
Monday, September 6th 2004, 8:21AM
by The Landlord
Newmarket residents were dismayed at the original scale of the proposed developments but Auckland City Council's regulatory and fixtures sub-committee gave approval "under stringent conditions that will make certain there will be no adverse effect on the surrounding area."
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