AMP NZ Office Trust (Anzo) today revealed an $82 million gain in its annual portfolio revaluation.
Monday, July 4th 2005, 7:28AM
by The Landlord
Anzo, the country's largest listed office property investor, said the independent valuation put a figure of $842.4 million on its property portfolio, up almost 11 per cent on a year ago.
The company's investments include the PricewaterhouseCoopers Tower, ANZ centre and Quay Tower in Auckland. In Wellington it owns the State Insurance Tower, Mobil on the Park, HP Tower and a number of government-occupied buildings including Pastoral House and three Terrace properties.
The revaluation gain increases Anzo's net tangible assets per unit by 10.3 per cent to $1.
