Nesuto Auckland Stadium undergoing a NZ$12.5 million makeover
Nesuto’s million-dollar renovations are underway - set to increase inventory of its Auckland Stadium property by almost 50% when finished in January 2020.
The Riverhead, New Zealand's oldest riverside tavern for sale by JLL
The Riverhead, thought to be New Zealand's oldest riverside tavern, has been listed for sale with JLL Auckland's Nick Thompson - presenting a historic opportunity in a spectacular Auckland location.
Renowned Haka Lodge sold on Auckland's Karangahape Road by tender campaign
After a short time on the market, the renowned Haka Lodge on Auckland’s Karangahape Road has sold by way of a tender campaign, brokered by JLL's Nick Thompson.
The Queen's Ferry Hotel sold by Colliers International - Auckland
Auckland’s iconic Queen’s Ferry Hotel, a freehold character property in the heart of the CBD, has been sold by Kris Ongley and Peter Herdson from Colliers International for NZ$4,400,000.
Work starts on Wellington’s Convention and Exhibition Centre
The ground has been broken for the Wellington Convention and Exhibition Centre, a first-of-its-kind building for New Zealand, which will lead the way for resilience and sustainability.
NZ Super Fund’s hotel investment the largest ever off market hotel transaction in New Zealand’s history
NZ Super Fund’s investment in a $300 million hotel venture represents the single largest off market hotel transaction in New Zealand’s history, reports the Colliers International specialist advisor who played a strategic role in ongoing negotiations.
DoubleTree by Hilton hotel to be built at Auckland’s Karaka
New Zealand Bloodstock, a bloodstock auction, insurance, airfreight and finance company, has begun constructing a new hotel at Karaka, the Double Tree by Hilton.
A Quest Apartment Hotel in a redevelopment within the premium Central Park commercial business park is for sale with a new 15-year lease that offers structured rental growth and exceptional tenant covenant.
Ramada Taranaki Street Wellington hotel to open in 2020
Scheduled to open in late 2020, the brand-new Ramada Suites by Wyndham Taranaki Street Wellington will mark the company’s debut in Wellington with 93 contemporary rooms and conference facilities in the heart of New Zealand’s capital city.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.