Leading commercial property and investment management business Mackersy Property has added a central Christchurch car park building to its $2 billion portfolio. Located at 160 Lichfield Street in the central city, the carpark is on the doorstep of the new Canterbury Multi Use Arena (the stadium). Investment broker Courtney Doig of Colliers received multiple offers…
Tag: buys
Crown buys final Canterbury multi-use arena property – LINZ
The Crown has reached agreement with the owners to buy 212-214 Madras Street, the final property needed for the Canterbury Multi-Use Arena (CMUA) anchor project. ToitÅ« Te Whenua Land Information New Zealand (LINZ) has led negotiations on behalf of the Crown, and Group Manager Crown Property Lydia Bloy is pleased it provides certainty around progress…
Kiwi rock star buys Akaroa’s historic Grand Hotel
Rock star turned Akaroa restaurateur Ben Campbell is planning to breathe new life into one of the best-known historic landmarks in the small Banks Peninsula town, southeast of Christchurch. Campbell is the bass guitarist for Zed, who topped the charts in 2000 with Renegade Fighter and later Glorafilia. A dual resident of Akaroa and Christchurch…
Patterson family buys Christchurch’s Hotel Montreal
The Patterson family, owners of the Commodore Airport Hotel in Christchurch and the Queenstown Park Boutique Hotel, have purchased the Hotel Montreal for an undisclosed sum. The Pattersons, Michael, Thomas and Ken, as part of their long-term plan, have for some time been looking for a suitable hotel in the centre of the city to…
New Zealand is right to pause travel to Australia. It buys time to upgrade its COVID-19 response
New Zealand is right to pause travel to Australia. It buys time to upgrade its COVID-19 response With the trans-Tasman travel bubble burst, now is the time to upgrade our Covid response against the threat of a Delta variant outbreak. Read more from University of Canterbury’s Dr Matt Hobbs in a new article on The…
Council buys Red House to secure public ownership of sacred site
Christchurch City Council has secured ownership of another piece of a nationally significant site near Akaroa that is of immense significance to Ngāti Irakehu, Ngāi Tārewa and Ngāi Tahu. It has bought the Red House at Takapūneke, which sits between Akaroa and Ōnuku, for a purchase price of $2.55 million. Takapūneke is a site of…