Applicant(s)
- NewQuay Nodal and Marina Pty Ltd
- NewQuay Stage 2 Pty Ltd
- Nolan Tower Pty Ltd
- Windsor Storage Pty Ltd t/a Precinct Management Services PMS
Notification number(s)
- N40585
- N40586
- N40587
Summary
NewQuay Nordal and Marina Pty Ltd, NewQuay Stage 2 Pty ltd, and Nolan Tower Pty Ltd lodged notifications in relation to the sale of Retail Properties to purchasers on they condition they:
comply with various covenants and other obligations relating to the terms on which pruchasers lease or operate the Retail Properties;
acquire the property management services of Precinct Management Services (PMS) in accordance with a Property Management Agreement for a term of 7 years with a further 3 year option; and
agree that they will novate the Property Management Agreement to any subsequent purchaser for the unexpired term of that agreement, if they sell the Property.
comply with various covenants and other obligations relating to the terms on which pruchasers lease or operate the Retail Properties;
acquire the property management services of Precinct Management Services (PMS) in accordance with a Property Management Agreement for a term of 7 years with a further 3 year option; and
agree that they will novate the Property Management Agreement to any subsequent purchaser for the unexpired term of that agreement, if they sell the Property.