Property magnate offers to fund new mental health unit

Property magnate offers to fund new mental health unit
Mark Dunajtschik has amassed one of the largest commercial property portfolios in Wellington including the Asteron Centre. (Image: Screengrab)
Oliver Lewis
A Wellington philanthropist and property investor has made a donation offer to replace one of the country’s worst mental health units.Mark Dunajtschik is already well-known for his generosity in the capital, having contributed $50 million for a new children’s hospital.When the announcement was made in 2017, then-prime minister Bill English described it as a “once-in-a-lifetime event”.The scale of generosity was “unusual and magnificent”, English said.Since then, Dunajtschik has made another donation offer, Bu...

More Editor's Picks

A $200b a year opportunity in cosmetics just opened up
Editor's Picks

A $200b a year opportunity in cosmetics just opened up

A de facto ban on beauty products exported from NZ to China has been lifted.

Dileepa Fonseka 19 Jun 2025
Dunedin businessman Malcolm Burns in bankruptcy
Law & Regulation

Dunedin businessman Malcolm Burns in bankruptcy

The adjudication comes after a string of insolvencies.

Gregor Thompson 18 Jun 2025
Inventory discrepancies toy with Zuru’s NZ accounts
Retail

Inventory discrepancies toy with Zuru’s NZ accounts

Zuru NZ's accounts are filed, but there are caveats.

Denise McNabb 17 Jun 2025
The future of coastal shipping in New Zealand
Infrastructure Blue Highway

The future of coastal shipping in New Zealand

It's greener and usually cheaper, so why isn't domestic coastal shipping thriving?

Oliver Lewis 16 Jun 2025