A new owner for Dunedin's largest shopping centre has still not been found, more than a month after tenders closed.
The Meridian mall is being sold as part of a national retail portfolio, which includes Dress-Smart outlet shopping centres in Auckland, Wellington and Christchurch, by Australian owner the Lend Lease Group.
The properties, which are for sale individually or as a package, were put on the market in February. Tenders closed on March 15.
The four properties were expected to sell for more than $200 million.
However, a sale had yet to be finalised, Colliers International principal Stephen Cairns said when contacted yesterday.
He was unable to comment further.
The Dunedin City Council rates website lists the Meridian property in three parts, with a total capital value of $71.6 million.
The mall sits on a 9391sq m George St site and comprises a three-level shopping centre, offices and 664 car parks on two upper levels and an adjacent building in Filleul St. The mall has a net annual income of $6.44 million.
