Singapore tycoon to sell Auckland's Stamford Plaza luxe hotel

Singapore tycoon to sell Auckland's Stamford Plaza luxe hotel
Checking out: The Stamford Plaza, Auckland, is a managed isolation facility. (Image: Supplied.)
Brent Melville
Singapore billionaire Chio Kiat Ow has put the five-star Stamford Plaza Auckland on the block as part of a divestment of his Australian and New Zealand hotel interests.The suite of six hotels, owned by Singapore listed Stamford Land Corp, also includes Sydney’s Sir Stamford Circular Quay and Stamford Plaza Sydney Airport Hotel and Conference Centre, Adelaide’s Stamford Grand and Stamford Plaza and the Stamford Plaza hotel in Melbourne. It's understood Stamford will hang on to its Brisbane hotel property.Brokerage firms Jone...

More Property

F&P Healthcare one step closer to new Karaka campus
Policy

F&P Healthcare one step closer to new Karaka campus

Auckland Council has approved a request to rezone nearly 90ha going to hearings.

Oliver Lewis 12 Sep 2025
Average home insurance tops $2,000
Infrastructure Risky Business

Average home insurance tops $2,000

Insurance premiums in New Zealand have increased dramatically in recent years.

Michael Neilson 11 Sep 2025
IRD property sector blitz finds $228m in unpaid tax
Property

IRD property sector blitz finds $228m in unpaid tax

IRD uncovered $75m from undeclared income tax and GST from property.

Garth Bray 10 Sep 2025
Investore taps investors to buy Auckland’s Silverdale Centre
Property

Investore taps investors to buy Auckland’s Silverdale Centre

Chair Mike Allen said the acquisition presented a “compelling opportunity”.

Gregor Thompson 08 Sep 2025