Trans Tasman buys prime Hong Kong retail property
While Trans Tasman Properties is hoping to sell a large chunk of inner-city Auckland properties, it has made its first step into Asia.
Thursday, March 11th 2004, 6:54AM
by The Landlord
"An announcement will be made if and when this goes unconditional," said Trans Tasman chief Rod Hodge yesterday.
As signalled by executive chairman Don Fletcher at the annual results announcement last month, the company is buying in Asia and this month said it would pay $7.5 million for Hong Kong's Excelsior Plaza.
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