Thiel's luxury lodge not a shore thing

Thiel's luxury lodge not a shore thing
Peter Thiel's consent hearing moves into its final day today. (Image: Getty)
Brent Melville
US tech billionaire Peter Thiel’s hopes for a luxury lodge on Lake Wānaka are on a knife edge after opponents said the plan flew in the face of environmental law.  The PayPal founder and chair of intelligence software firm Palantir Technologies lodged the consent application for the upmarket lodge and private ‘meditation’ pod for private use last September. The application was made through Thiel’s Auckland based company Second Star. Thiel was granted New Zealand citizenship in 2011. He and his partner...

More Property

Vector faces fresh complaint on unfair contract terms
Property

Vector faces fresh complaint on unfair contract terms

Vector faces more scrutiny over contract terms after Commerce Commission advice.

Vector ‘on notice’ for unfair contract terms; complainant now facing higher costs
Property

Vector ‘on notice’ for unfair contract terms; complainant now facing higher costs

A developer’s Fair Trading win against Vector feels like a loss.

Garth Bray 01 Jul 2025
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