$11 million Trans-Tasman deal signals first NZ Avani hotel
Minor Hotel Group (MHG), is set to debut its upscale AVANI brand in New Zealand following the sale of Auckland’s landmark 40-storey CBD Metropolis tower Management Rights along with a parcel of units, negotiated by Resort Brokers New Zealand.
Ascott acquires majority stake in Quest Apartment Hotels for A$180 million to become largest serviced residence provider in Australasia
CapitaLand’s wholly owned serviced residence business, The Ascott Limited (Ascott), is acquiring an additional 60% stake in Quest Apartment Hotels (Quest) for A$180 million (S$191 million).
Matana Plantation on Koro Island comprises over 800 freehold acres of tropical landscape, which is being marketed by Chester Rendell of New Zealand Sotheby's International Realty.
The business and 2.81ha property at 841 Takatu Road, Matakana, is listed for sale by Colliers International agents Shelley May, Marcus Jacobson and Pauras Rege.
Waterfront Queenstown backpackers accommodation for sale
A stunning Queenstown waterfront property with sweeping mountain and lake views is for sale by Colliers International as an astute investment with plentiful redevelopment potential.