Auckland's $40m Federal Street Car Park sold to ICD a prime candidate for new hotel development
The $40 million sale of Auckland's Federal Street Car Park building to Australian property group ICD Property Investment has achieved one of the highest price per square metre rates ever recorded in the Auckland CBD and will potentially pave the way for a new luxury hotel development.
Resort Brokers New Zealand have sold the 40 room Wellesley Hotel on the Lake, a characteristic hotel complex on a long-term lease agreement with 29 years remaining.
Naumi Hotels, the Singapore-based private hotel owner and operator is further increasing its presence in New Zealand with the purchase of two properties in a prime location in Wellington, New Zealand.
Naumi Hotels has announced their debut in Australasia with the opening of the Naumi Auckland Airport which will soon be joined by further sister hotels as the Naumi brand continues to expand.
Hospitality giant Wyndham Hotel Group and New Zealand developer Safari Group have announced plans to open an 85-room Ramada Suites in Manukau, bolstering the Ramada brand’s presence in the country and addressing a growing demand for lodging in the Auckland area.
Naumi Auckland Airport hotel to hold Grand Opening in Feb 2018
Located just minutes away from the international and domestic airports, Naumi Auckland Airport offers a perfect stopover for business travellers, leisure travellers and also as a perfect venue for special occasions.
The businesses of Portmans Motor Lodge, BK’s Chardonnay Motor Lodge and Te Awa Motel have sold in the past months finishing off a strong year for Resort Brokers New Zealand.
Auckland’s Metropolis Building opens AVANI Hotel Residences
The introduction of residences to AVANI Hotels & Resorts’ portfolio redefines hospitality as it appeals to both leisure and business travellers looking for an international upscale hotel experience served in a private apartment.