Brookfield Asset Management gains Overseas Investment Office consent to buy 2 hotels for $250m
A summary of the decision would be published in the April edition of its newsletter, he said. Rydges…
New York-listed Brookfield Asset Management plans $250m purchase of Rydges Wellington, Sofitel Queenstown
The vendor of the Wellington and Queenstown hotels is NZ Hotel Holdings, which last May said it wanted…
Professional money launderer Daniel Hu to forfeit $3.3 million after covert police investigation Operation Martinez
Typically, it was Hu’s job to take cash from clients and arrange for funds to be transferred to…
Queenstown hospitality group Republic sold to MA Financial in $40m+ deal
It also owns the largest portfolio of marinas in the Southern Hemisphere, as well as 45 shopping centres…
SolarZero collapse: Liquidators claw back $2.7m but creditor claims two trusts owed $979m
Grant Thornton released its third report to shareholders and creditors of SolarZero and its associated companies yesterday. The…
New business enterprise rebrands Great Barrier Island as boutique innovation hub
Still, the opportunity to immerse themselves in a tight-knit community and a landscape of such wild, natural beauty…
Barbara Edmonds says National ‘planning to sell off public assets’ after Treasury confirms it is halfway through asset review
It later advised the Government that it should complete purpose statements on all the commercial assets that it…
Greg Dixon’s Another Kind of Politics: Luxon denies plan to sell off Peters: ‘He’s no asset’
Photo / Getty Images. Illustration / Greg Dixon. Greg Dixon’s Another Kind of Politics is a weekly satirical…
Christopher Luxon calls for ‘mature’ conversation on asset recycling, as Chris Hipkins pledges to hold onto all state assets
Luxon said National was yet to decide on the policy it would take to the election. However, he…
Lexington Trust Services stopped from doing business after DIA finds lax money-laundering protocols
Lexington Trust Services Limited has already been removed from the Companies Register, with a notice placed in the…
Nvidia-backed consortium buys AI data centre firm from Macquarie $69.9b
A consortium led by BlackRock, including Nvidia and Microsoft, will acquire Aligned Data Centres for US$40 billion ($69.9b).…
Great wealth comes with great responsibility. Can heirs handle it?
US added over 1,000 new millionaires a day last year, says report Wealth grew disproportionately quickly last year…