Part of the attraction for prospective acquirers is Oceania
has pockets of premium real estate in Auckland - but it's a finite resources and the current owners have already trousered much of the potential profits. This time around Macquarie
and its associates are asking for $550 million to $600 million for Oceania
. Sources said the last time Oceania
was up for sale Quadrant came close to buying it, but after putting forward its price, the owners demanded more.