Announced
Synopsis
TGH, an inter-generational investor, and Kiwi Property, an owner of shopping centres and office buildings in New Zealand, agreed to form a Centre Place North, a 50:50 joint venture to develop the area. Financial terms were not disclosed. “We are excited by the potential of this extension of our relationship with Kiwi Property in Kirikiriroa-Hamilton. Building on our experience of working together as co-owners of The Base, we want to bring a 100-year view and some visionary thinking to create something vibrant and special to accelerate the ongoing transformation of the CBD,” Chris Joblin, TGH CEO.
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