close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Hotel asset sale will end another licensing trust

The Mt Wellington Licensing Trust is selling its assets as it can’t afford to do the seismic strengthening work required.

Waipuna Hotel and Conference Centre.

The Mt Wellington Licensing Trust has made the call to put its two assets – the Waipuna Hotel and Conference Centre and the Panmure Historic Hotel – up for sale.

The move means it will invest the proceeds into a more diversified portfolio of investments and likely morph from one of the last five

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Fiona Rotherham Thu, 25 Jul 2024
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Hotel asset sale will end another licensing trust
General Business,
105020
true