George Kerr’s $224m plan to keep rolling out Queenstown properties

Hanley's Farm is tracking 10 years ahead of schedule. (Image: BusinessDesk)

Tue, 30 May 2023

George Kerr’s Pyne Gould Corporation will spend more than $200 million to deliver at least 10% of the expected 17,000 houses Queenstown needs to meet projected population growth. Ministers Megan Woods and Damien O’Connor approved a $70m deal for property developer RCL to buy a 163-hectare block of land next to its Hanley’s Farm site just outside Queenstown, doubling its capacity to deliver housing in the resort town. The deal got a green light from officials at Land Information New Zealand’s Overseas Investment...

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