
Manukau Supa Centa set to be sold for $161m to Willis Bond's Property Income Fund
Property Income Fund, established by Wellington-headquartered Willis Bond, is buying the Manukau Supa Centa for $161 million from a Canadian-owned business.
Wayne Silver, a Property Income Fund director, announced the plan to purchase the property.
Supa Centa was New Zealand's second biggest large-format retail centre and the most significant asset
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

RNZ News
2 hours ago
- RNZ News
Closing the gaps for our tradies
education employment about 1 hour ago Next, the call for a new national portal, to make it easier for trades apprentices to qualify and find placements. It comes from the general manager of Seven Electrical, based in Wellington. And part of a nationwide chain of electrical and other trades services, Aotea Group. Seven Electrical general manager Peter Couchman GM says the proposed portal could provide real-time access to training progress, safety credentials, assessment timelines, and support resources, effectively closing the gap between the classroom and worksite. He said it could be a gamechanger, at an exciting time for the trades, which are increasingly at the cutting edge of sustainable technology.

RNZ News
4 hours ago
- RNZ News
Nursing union members hold stop work meetings over stalled pay talks
File photo. The Nurses Organisation and Health NZ have been in bargaining since late last year. Photo: RNZ / Nate McKinnon Nurses are looking for better pay and higher staff-to-patient ratios after rejecting the latest Health NZ offer, a Nurses' Organisation delegate says. A series of stop-work meetings take place this week to discuss the next steps following a vote by members to turn down the offer. Wellington Hospital delegate Hilary Gardner said a commitment to improving staff-to-patient ratios was needed, and the pay increase was essentially a pay cut. "It's what's not in the offer that's the big concern for us. There's not a lot that commitment for health and safety and safe staffing." She said nothing was off the table, including strike action. Health NZ said it wanted nurses to return to the bargaining table to resolve the issue. Gardener said the rejected offer came after many days of bargaining already since their contract expired late last year. Health NZ regional deputy chief executive Dr Mike Shepherd said it believed the offer was fair. "The employment relations authority agrees with that view, we're really keen that our nursing colleagues return to the negotiation table, so we can continue this conversation, so we can continue delivering the care our community needs. "We really respect our nursing colleagues, we do need to be fiscally prudent, and we've made this offer. "We think nursing pay rates have had a number of uplifts over recent years and of course we're keen to continue to that conversation," he said. He said there was a system in place, set up in conjunction with the nursing union, that matches demand on the wards with the nurses available.


NZ Herald
7 hours ago
- NZ Herald
On the Up: ‘Emerging Company of the Year' Projectworks raises US$10m, plans AI splash
Wellington-founded start-up Projectworks is on a hot streak. On May 23 it was named the Hi-Tech Awards 2025 'Emerging Company of the Year'. Now it's just closed a US$10 million ($16.6m) Series A extension funding round, led by Silicon Valley-based venture capital firm Ten Coves Capital and supported