We use cookies on our website to ensure you get the best browsing experience. Learn more
Back to

Arvida Divests Village

Related documents

Arvida Divests Village

Arvida Group Limited (NZX: ARV) has entered into a conditional agreement to sell its Strathallan village located in Timaru for a sale price of $30.0m. The transaction is subject to customary approvals being obtained. Arvida anticipates completion of the transaction to occur at the end of April 2024 or shortly thereafter.

The sale price represents a 3% discount to valuation.

– ENDS –

For more information, please contact:
Briar Malpas, General Counsel and Company Secretary, Arvida Group Limited
Email: [email protected]

Latest NZX releases

  • 28 May 2024

    Arvida Group Limited (“Arvida”) is pleased to announce the appointment of Ian Passau as General Manager, Development. Ia...

  • 28 May 2024

    • IFRS net profit after tax of $139m, up 69% • Underlying profit[1] of $85 million, down 3% • Gross value sales of $427 ...

  • 09 May 2024

    Arvida Group Limited’s (NZX: ARV) full year results for the financial year ended 31 March 2024 will be released to the N...

  • 01 May 2024

    Arvida Group Limited (Arvida) confirms that settlement of the sale of Strathallan occurred yesterday. The sale price at ...

Sign up for investor news