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...

More Property

Investore buys New Lynn Bunnings site for $43 million
Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Staff reporters 27 Jun 2025
Senior Trust offeror gets a serve from FMA
Property

Senior Trust offeror gets a serve from FMA

Senior Trust has been paying returns with new investor funds and borrowings.

Maria Slade 26 Jun 2025
Du Val build-to-rent properties sold, PwC says
Property

Du Val build-to-rent properties sold, PwC says

The 171 units in May Rd and McKenzie Rd were bought in 2021 for $35m.

Maria Slade 23 Jun 2025