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Downtown sale thrown into doubt; buyer says it s not dead yet

Downtown sale thrown into doubt; buyer says it s not dead yet
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North islandSouth australiaTim fitzgeraldDavid thomasBill wallaceChurch stHealth hubCompanies officeDowntown on broadway ltdIwiinvestor group holdings ltdIwi investor group ltdDowntown palmerston northBroadway ltdEvent cinemasStreet eateryFebruary fitzgerald

Investment company buys Palmerston North shopping centre

Downtown has been sold to a group representing iwi and Māori trusts; the strength of the city's economy is cited as playing a part in the deal.

North islandNew zealand generalNew zealandTim fitzgeraldBill wallaceHealth hubDowntown on broadway ltdGroup holdings ltdIwiinvestor group holdingsDowntown palmerston northBroadway ltdEvent cinemasStreet eateryGroup holdingsPalmerston northEvent hospitality