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Unconditional sale of 4 Henderson Place, Auckland

Property10 February 2026ARGReal Estate

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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