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What is Cornwall Park Trust's rationale behind hiking rents for ASB Showgrounds?

What is Cornwall Park Trust s rationale behind hiking rents for ASB Showgrounds?
9 Mar, 2021 04:35 AM
5 minutes to read
ASB Showgrounds known for strong financial management but that might not save it. Photo / Supplied
Auckland Business Chamber boss Michael Barnett questions why the Cornwall Park Trust is pursuing rent hikes against the likes of the ASB Showgrounds unless they have another agenda .
The non-profit showgrounds board has warned it
is struggling to see how the 8ha non-profit exhibition and events site can remain solvent in the face of a massive proposed rent hike by its landlord, the Cornwall Park Trust, and a string of major event cancellations due to Covid-19. ....

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Covid 19 coronavirus: ASB Showgrounds' future in peril as virus wipes events and huge rent rise looms

Covid 19 coronavirus: ASB Showgrounds future in peril as virus wipes events and huge rent rise looms
4 Mar, 2021 04:00 PM
6 minutes to read
Major event cancellations are putting the future of the ASB Showgrounds in doubt. Photo / Sylvie Whinray
Major event cancellations are putting the future of the ASB Showgrounds in doubt. Photo / Sylvie Whinray
The future of Auckland s ASB Showgrounds is at risk as the board that runs the premiere exhibition site struggles to see how it can remain solvent in the face of major event cancellations due to
Covid-19 and a proposed massive rent hike.
The non-profit charity operates the 8 hectare showgrounds at Cornwall Park commercially - its only income is from shows, events and concerts. ....

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