Trans Tasman Properties has announced a move to buy large chunks of Auckland's waterfront and plans for a high-rise apartment tower in the city.
Sunday, May 23rd 2004, 3:04AM
by The Landlord
Trans Tasman chairman Don Fletcher also told shareholders at the company's AGM in Auckland on Friday that negotiations were under way to buy into Clearwater, a large Christchurch property project.
On April 8, Trans Tasman's majority shareholder, SEA Holdings, made a full takeover offer for the shares it does not own, a deal which has been rejected in an independent report as neither fair nor reasonable.
