Force sales mount up

The company has conditionally sold its 25% interest in Domain Centre Developments and the Domain Terraces joint venture to Francis Securities for $1.66 million.

Force says it has received a deposit of $300,000 on the sale with the balance due at the end of the month.

The agreement is conditional upon Force board approval, bank consents and regulatory approvals.

Last month Force sold the St James centre in Queen Street, Auckland for $8.5 million and in June sold a number of other Auckland properties for $14.7 million.

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