Posted inCommunity, Local Democracy Reporting

Flaxmere shopping centre returns to local ownership

A local business has bought Flaxmere’s village shopping centre after 17 years of foreign ownership. Hawke’s Bay-based property development firm TW Property has taken over the 2.17ha shopping centre from the Hong Kong-based Sung Family Trust, which has owned it since 2008. TW Property chief executive Terry May said it sees huge potential in Flaxmere. […]

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