Viaduct’s QT goes as Super Fund looks to offload $600m portfolio
Australian entertainment and hotels company EVT has picked up the first of the New Zealand Hotel Holdings eight-hotel portfolio.
QT Auckland sold to EVT.
ASX-listed EVT has agreed to pay $87.5 million for the QT Auckland, widely seen as a jewel in the crown of the NZ Hotel Holdings’ hotel grouping.
NZ Hotel Holdings, a venture between 80% shareholder Guardians of New Zealand Superannuation (Super Fund), Russell Property Group and Lockwood Property,
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