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Property
2 mins to read

Super Fund to divest its $600m hotel portfolio

The $80 billion NZ Super Fund and co-investors Russell Group and Lockwood assembled the country's third largest hotel portfolio over the past five years.

The Sofitel hotel and spa in Queenstown.

NZ Hotel Holdings is shopping its $600 million hotel portfolio as its biggest shareholder, the New Zealand Superannuation Fund, looks to recycle capital.

The hotel group, formed in 2019, is a venture between 50% shareholder Guardians of New Zealand Superannuation, and the Russell Property Group and

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Brent Melville Wed, 07 May 2025
Contact the Writer: bmelville@nbr.co.nz
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Super Fund to divest its $600m hotel portfolio
Property,
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