North City Shopping Centre Sold

April 13, 2018

North City Shopping Centre in Porirua has been bought by Australian rich-lister Nick
DiMauro for $100 million dollars.

 

Stuff reports that the sale was slightly below a March valuation of $106 million dollars.

 

The Porirua mall will be the Adelaide-based property tycoon's second shopping centre in New Zealand.

 

Last year DiMauro's company, Angaet Holdings, bought the Westfield West City shopping centre in Auckland for $250 million dollars.

 

 

Angaet owns more than 20 shopping centres in Australia.

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