PHOTO: 222 Willis Street, Wellington, a 280-bed apartment building accommodating students has been sold by its overseas owners Forum Partners to Hong Kong’s Value Partners Group for $28.3 million.
A large apartment block in central Wellington housing students has been sold to Chinese company Value Partners Group for $28.3 million.
The 280-bed building at 222-232 Willis Street was owned by global real estate firm Forum Partners.
The deal was negotiated by real estate firm Savills director Conal Newland and Auckland managing director Tom McAlister.
The building is leased to Wellington Institute of Technology, Weltec, to provide student accommodation.
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