Unconditional sale of 4 Henderson Place, Auckland
1
11.02.2026
Unconditional sale of 4 Henderson Place, Auckland
Argosy Property Limited (‘Argosy’) has today announced it has unconditionally sold 4 Henderson
Place, in Auckland, for $39.75 million.
The sale price reflects a premium of 16.6% above its book value as at September valuation.
Argosy Chief Executive Officer Peter Mence said “This asset had been identified as a longer term
development opportunity, however the premium to book value meant that a sale was a better option.”
Settlement date is expected to be April 2026. The funds received will be used initially to reduce bank
debt.
END.
Peter Mence
Chief Executive Officer
09 304 3411
pmence@argosy.co.nz
Dave Fraser
Chief Financial Officer
09 304 3400
dfraser@argosy.co.nz
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