Plankware 0 Posted July 20, 2021 Share Posted July 20, 2021 A bunch of leases expire in 2026, 2029. And there are lots berths for sale. What happens when those leases expire? Rent or re-lease Does anyone know? Quote Link to post Share on other sites
CarpeDiem 430 Posted July 20, 2021 Share Posted July 20, 2021 56 minutes ago, Plankware said: A bunch of leases expire in 2026, 2029. And there are lots berths for sale. What happens when those leases expire? Rent or re-lease Does anyone know? No one knows for certain. The general expectation in the community, is that these will become part of the rental pool. However, until council actually publish a formal position, this is just an educated guess. Some would say a very probable/likely guess. Quote Link to post Share on other sites
ex Elly 197 Posted July 21, 2021 Share Posted July 21, 2021 2 years ago the rumour was that there would be no more leases - only rentals. At last night's WMUA meeting the rumour was that Panuku needs more money so would be offering 13 year leases to current berthholders. But nothing has been decided. 2 Quote Link to post Share on other sites
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