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

Co-operative Bank, ComCom agree penalty fee
Finance

Co-operative Bank, ComCom agree penalty fee

The bank is silent on the penalty amount it and the Commerce Commission are aligned on.

Andy Macdonald 26 Nov 2025
Amendment may create a fast-track to judicial reviews
Property

Amendment may create a fast-track to judicial reviews

How a fix to speed up projects could send more to court instead.

Garth Bray 26 Nov 2025
Kiwi Property Group's interim profit lower as write-downs bite
Economy

Kiwi Property Group's interim profit lower as write-downs bite

The property company reiterates its full-year dividend views.

Andy Macdonald 24 Nov 2025
Penk announces compulsory building warranties
Economy

Penk announces compulsory building warranties

Under the proposed change, those responsible pay their share only.

Staff reporters 24 Nov 2025