In a historic transfer, NZ Resort Holdings (NZHH) has introduced its intent to divest its nationwide resort portfolio, marking the biggest such portfolio ever dropped at market in New Zealand.
NZHH, a number one resort group in New Zealand, has introduced the divestment of its nationwide portfolio of resort belongings. CBRE’s Michael Simpson, Peter Hamilton, and Nick Hill are managing the sale via an Worldwide Expressions of Curiosity Marketing campaign. The promoting choice aligns with the traders’ technique of growing high-quality belongings and reinvesting the proceeds into additional progress alternatives.
NZ Resort Holdings
Shaped in 2019, NZ Resort Holdings is a partnership between NZ Tremendous Fund, Russell Property Group, and Lockwood Property Group. The partnership goals to develop resort belongings that may bolster each home and worldwide tourism in New Zealand.
The bought portfolio consists of main Auckland motels 4 Factors by Sheraton, QT Auckland, and Adina House Resort Britomart. It additionally consists of Rydges Rotorua and Rydges Wellington, Sofitel Queenstown Resort and Spa, and BreakFree on Cashel in Christchurch.
New Zealand Tourism and the Future
The New Zealand Authorities has strongly supported tourism progress within the nation. With new worldwide tourism campaigns concentrating on high-population and high-value markets comparable to India, China, and the USA, worldwide visitation and resort demand are anticipated to extend.
NZHH’s Chief Government, Marcus Reinders, believes that with tourism again on the expansion curve, the chance is ripe for an investor looking for scale, geographic range, and holistic protection of New Zealand’s key tourism markets.
This sale represents the biggest and most complete portfolio of investment-grade motels ever dropped at market in New Zealand. The nation, recognized for its beautiful landscapes, numerous wildlife, and wealthy cultural heritage, is a extremely sought-after journey vacation spot. This portfolio covers all main New Zealand markets, catering to enterprise and leisure vacationers.
The Worldwide Expressions of Curiosity Marketing campaign for the portfolio will shut on Thursday, twenty sixth June 2025 at 4pm NZST.