Mackersy Syndication Miracle Water Acquisition $24.5m

Registered ValuersRegistered Property ConsultantsLINZ Accredited.  Hawke’s Bay-based premium quality valuation and creative property strategy©.  Leading +$0.5b acquisitions-disposals NZ-wide for 24 years.  Valuation litigation and commercial property specialists.  Development and public land specialists. Property economy analysts and commentators – for Press.

 

New Zealand Miracle Water Sale-and-leaseback $24.5m

Hawke’s Bay commercial-industrial property values have continued to display strong growth.  Investment yields have trended down to all-time lows with coinciding higher property asset values.  Land values including industrial were tracking upwards in 2018-20 and since COVID, land values have firmed further.

The December $24.5m sale-and-leaseback by Colliers including Danny Blair for the New Zealand Miracle Water operations facility 2.5 hectare property at 3 Hanui Road (corner Elwood Rd), was sold to Mackersy Property syndication reflecting a 5% yield.  The initial lease term is 15 years.

Refer to Team Turley & Co for more information.

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