OUR COMPANY
Asset Plus currently owns a single property, at 6-8 Munroe Lane, Albany, Auckland.
Centuria externally manage Asset Plus, report to the Asset Plus Board and provide shared service functions.
Centuria are also the largest shareholder in Asset Plus, with a 19.99% stake in the company ensuring a vested interest in the performance of the company, and alignment of interest between management and shareholders.
As previously communicated to the market, once Munroe Lane is sufficiently leased, and subject to market conditions, the Munroe Lane property may be marketed for sale and the entity wound up. However, any steps to sell the property or pursue a wind up will be subject to shareholder approval, with shareholders likely being asked to vote on both decisions contemporaneously.
