Private equity to buy Huka Lodge

Private equity to buy Huka Lodge
Victoria Young
An agreement has been made to sell Taupo’s Huka Lodge to a US private equity firm in a deal requiring Overseas Investment Office approval. The luxury lodge was put up for sale as part of the bitter feud between businessmen Michael Kidd and Alexander van Heeren.The Overseas Investment Office has confirmed an application to buy the 25-room lodge was made on Dec. 19 and is still under consideration. The purchaser is KSL Capital Partners, a Colorado-headquartered investment company which specialises in hotels and resorts. Its portfolio in...

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