Steady as she goes for luxury lodge portfolio

Steady as she goes for luxury lodge portfolio
Rosewood Cape Kidnappers in Hawke's Bay is one of three NZ luxury lodges the Robertsons own. (Image: Supplied)
Staff reporters
The entity that owns three of the most luxurious lodges in New Zealand made an $11 million pre-tax profit in the last financial year.Julian Robertson, a pioneering hedge fund manager and philanthropist from the United States, developed the three properties – Rosewood Matakauri in Queenstown, Rosewood Cape Kidnappers in Hawke’s Bay and Rosewood Kauri Cliffs in the Bay of Islands – along with two championship golf courses.It costs thousands of dollars a night to stay in the lodges.Robertson, who was made an honorary knight compa...

More Property

Private building consent body offers competition
Property

Private building consent body offers competition

The country's first independent consenting authority is targeting group builders.

Maria Slade 04 Jun 2025
Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Gregor Thompson 04 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025
Argosy signals succession plan
Property

Argosy signals succession plan

Argosy Property has signalled its management and governance succession plan.The listed property company told the market on Tuesday that directors Chris Gudgeon and Mike Pohio will not stand for re-election at the coming annual general meeting (AGM) in July. The firm also said tha...

Gregor Thompson 03 Jun 2025