Landmark potential
PA Auckland Landmark Properties, Ltd, considers its recent acquisition, the ANZ Bank building in Queen Street, Auckland, to have the potential to show the largest capital appreciation of any of the company’s property developments. The chairman, Sir George Chapman, said in the full interim report that Landmark paid $2.4M for the freehold of the building, which reflected the longterm nature of the head lease to the ANZ Bank.
In the six months to September 30, Landmark’s profit of $3,836,094 included a trading profit of $599,000 and capital profits of $3,202,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19860114.2.130.8
Bibliographic details
Press, 14 January 1986, Page 30
Word Count
92Landmark potential Press, 14 January 1986, Page 30
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in