Naumi acquires two hotels in New Zealand for redevelopment

SINGAPORE (Nov 5): Naumi Hotels has acquired two hotels in Wellington, New Zealand – namely Comfort Hotel Wellington at Cuba Street and Quality Hotel Wellington along Dunlop Street – as part of the Singapore-based private hotel owner’s expansion plans.

Both hotels are reported to be owned by New Zealand ex-mayor Kerry Prendergast’s husband, Phil McGaveston, his company Sage Securities, Lynn King, Les Armstrong and Alan Stewart, Edwin Cooke and Timothy Holmes.

Colliers International brokered the deal on behalf of both Naumi Hotels and the properties’ owners.

---

Related Stories

• Sats proposes to acquire general cargo handling operations at Amsterdam airport
• CLOs have too much money and are running out of things to buy
• Mooreast acquires facility from Seatrium for $13.5 mil

---