Another office building that forms part of Spark's (formerly Telecom) head office complex on Victoria St in Auckland's CBD has been sold.
This follows the recent sale of another building in the complex to NZX-listed Augusta Capital which is currently syndicating that property.
The entire complex was developed by Auckland property development and investment company Mansons TCLM, which has been progressively selling the individual buildings down.
Mansons director Culum Manson confirmed that another building in the complex had been sold to a NZ-based investor but could not say who the buyer was or how much they were paying because of confidentiality clauses in the contract.
Augusta is paying $65.2 million for the building in the complex that it is syndicating.