Tak Development is owned by the giant Japanese Takenaka Corporation.
Tim Alpe back on board at the company, which also plans to roll-out pod hotel concept in Australia.
Claims strange legal setup meant they didn’t even own their central Auckland Scene Three investments.
Pro-Invest and IHG's $200 million Voco hotel project opened yesterday.
Liquidators were appointed to the New Zealand owner after the sale.
The decision to sell the properties was made last year.
Six Senses Fiji faced financing issues even before the pandemic killed tourism.
Owner Urban Partners wants to breathe new life into the closed resort.
A "risk of illiquid asset" test will be used when selling large BTR assets.
Decision ‘lifts a burden’ says CDL. Winton says it will appeal.