Wellington commercial property investment group Caniwi Capital is purchasing specialist coolstore in the golden freight triangle between Auckland, Hamilton and Tauranga for $21 million.
According to BusinessDesk, the Waharoa coolstore, is served by both road and rail which was appealing to Caniwi’s principal, Troy Bowker, who seeks long-term buy and leaseback options in regional locations.
It says that Caniwi is purchasing the facility located near Matamata from the Halls Transport Group on a 20-year leaseback.
Bowker told BusinessDesk that Caniwi is seeking more regional commercial property opportunities such as this one.
