HK-listed Orient Victory Travel pays $9M for Silverdale site to develop for tour groups, housing

Mon, 14 Aug 2017

By Sophie Boot Aug. 14 (BusinessDesk) - A Hong Kong-listed travel company has bought three parcels of land in Auckland for $9 million, where it plans to build accommodation units for Chinese tourists and to take advantage of the "critical housing shortage" in New Zealand's biggest city. Orient Victory Travel Group Company, which is incorporated in the Cayman Islands, sells plane tickets, travel services, jewellery and financial services. The company has been "exploring opportunities to expand its travel related business in order to add mo...

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