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PLP turns Hawke’s Bay lease problem into sale opportunity
9:49am on Friday 30th of October, 2026 AEDT
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Property and Investment Management
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PLP turns Hawke’s Bay lease problem into sale opportunity
9:49am on Friday 30th of October, 2026 AEDT
Key Points
$2.22 million of pre-tax consideration for lease surrender
Post-tax value assessed at $1.09 million
Net asset value rises from $1.258 to $1.265 per unit
Three vineyards and winery marketed at $4.30 million carrying value
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Private Land and Property Fund (NZX:PLP)
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