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November 11, 2010
AboveNet Expands High Bandwidth Services Portfolio in London
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November 8, 2010
AboveNet Connects with CENX to Expand High Bandwidth Network
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September 20, 2010
AboveNet Expands to key European Markets
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June 16, 2010
AboveNet's secure fibre network connects to London's Telehouse West data centre
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June 7, 2010
AboveNet Expands Metro Portfolio with Launch of Core Wave Services
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The property portfoliomainly includes churches, but also a188 hectare Hawke's Bay forestry block with a rateable valuation of about $500,000, about 4haof empty land suitable for residential development in Tai Tapu worth about$1.6mand an empty block of land opposite the Church of the Good Shepherd on the shores of Lake Tekapo worth$1m. READ MORE: New Cabinet considering Christ Church Cathedral restoration plansBut an Anglicanspokesman saidthe money and property was held "on trust" for parishes across the diocese and could not be spent outside each individual parish. "The media is focusing on our Cathedral in the Square building again. I find this rather sad at the time when our thoughts are mostnaturallywith the families of those who oakley store tampa died, those who were injured and the very large number of people affected by 22 February 2011," she wrote in the letter. "It is so easy for those outside the church to forget that we are actually seeking God's will about the cathedral and reduce it all to dollars and cents." But she did briefly address theCPT'scash and property holdings:"I write to you at this time to oakley store tucson az simply remind you that we do hold land and investments, but that these are for parish and diocesan ministry and mission. CPT has no equity of its own." The Anglican diocese's finances have come under scrutiny as it negotiates with the Government over how to fund the $100m Christ Church Cathedralrestoration. The CPThas a $42m insurance payout on the cathedralto spend onthe restoration, whilecampaign group Great Christchurch Buildings Trust (GCBT) has pledged to raise $15m from donors and about $10m has been offered by the Government. Matthews is concerned it may prove difficult to raise money for the $30mfunding shortfall on the project, according to sources close to the process. The CPT has sold at least $9m worth of property in central Christchurch since 2000, land records show. It sold 151 Cambridge Tce, formerly the site of the Santorini Greek restaurant,for $1.7m in 2000. The site was later redeveloped as the Deloitte office building. It also sold a couple of residential properties in the central city, each for about $500,000, in 2002;a seven storey office block on Hereford St for $3.75m in 2004; and a retail building on High St for about $1m in the same year. CPT also sold a retail block on Colombo St to the Government for $1.8m in 2014. The Government purchased the land for the convention centre anchor project.

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