🇳🇿 SkyCity has completed the sale of its 99 Albert Street office building and adjoining Victoria Street properties in Auckland, closing out a deal that formed part of the casino operator’s wider drive to raise cash and cut debt.
New Zealand-listed SkyCity confirmed settlement of the sale of the properties in Auckland today, in a deal worth NZ$74.5m (€37.9m).
The properties were sold to Christchurch-based commercial property manager Mainland Capital, in a joint venture with Russell Property Group. The sale forms part of SkyCity’s asset monetisation programme, launched alongside a NZ$240m equity raise last year to strengthen its balance sheet.
Sponsored message
Looking at Kenya? ~8M players, mobile-first payments, and brand-new 2025 regulation — the full picture's in our free Market in Focus: Kenya report.
September 1, 2026 173
