Glenfield Mall sold to Australian syndicate for $146 million
Auckland's Glenfield Mall has been sold to an Australian syndicate in what is the largest enclosed mall transaction in the city in over a decade.
Glenfield Mall, a major shopping centre on Auckland's North Shore, has been purchased by a private Australian syndicate for $146 million. The sale marks the largest enclosed mall transaction in Auckland in more than a decade. The previous owners have stepped aside to allow new management to take over operations.
Covered byStuffNZ Herald1NewsNot covered byRNZNewstalk ZBOtago Daily TimesNewsroomThe SpinoffBusinessDeskinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
NZ Herald
Glenfield Mall sold to Australian syndicate for $146m by Ross and Dallas Pendergrast
'It is now time for us to hand over to new owners.' – Ross and Dalls Pendergrast
1News
Auckland mall sells for $146 million to Australian syndicate
Glenfield Mall on the North Shore has been purchased by a private Australian syndicate.
Stuff
Auckland’s Glenfield Mall sells to Australian investors for $146m
The North Shore shopping centre has changed hands in what its agent says is Auckland’s largest enclosed mall transaction in more than a decade.
Stuff
Auckland mall sold to Aussie investors for $146 million
The North Shore shopping centre has changed hands in what its agent says is Auckland’s largest enclosed mall transaction in more than a decade.