$150m bulk retail deal brings top spot closer

AMP Property Portfolio is on its way to becoming New Zealand's largest bulk retail property owner after announcing a $150 million deal yesterday.

Monday, December 22nd 2003, 9:49PM

by The Landlord

Portfolio general manager Murray Jordan said that the fund would own $580 million worth of property within three years.

This would make it dominant in bulk retail, which the Property Council's performance index says has been the top-performing category of real estate

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