Fisher & Paykel Healthcare agrees to sell 13 hectares of Drury land to Health NZ for $45.3 million
Bitget2026/10/04 20:15Fisher & Paykel Healthcare agreed to sell 13 hectares of its 105-hectare Karaka Road site in Drury to Health New Zealand. Purchase price set at $45.3 million. Health NZ plans a future hospital on the land to serve South Auckland’s growing population. Settlement expected between March and June 2027, subject to conditions. Remaining land retained for a planned second New Zealand campus; final $15 million vendor payment due in December 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fisher & Paykel Healthcare Corporation Ltd. published the original content used to generate this news brief on October 05, 2026, and is solely responsible for the information contained therein.
- Fisher & Paykel Healthcare agreed to sell 13 hectares of its 105-hectare Karaka Road site in Drury to Health New Zealand.
- Purchase price set at $45.3 million.
- Health NZ plans a future hospital on the land to serve South Auckland’s growing population.
- Settlement expected between March and June 2027, subject to conditions.
- Remaining land retained for a planned second New Zealand campus; final $15 million vendor payment due in December 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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