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For sale flag back up at Pegasus, after $90m bid stalls

An injunction against selling the North Canterbury golf resort by a Hong Kong developer has failed.

Pegasus golf resort, back on the market.

NBR Staff Fri, 25 Oct 2024

The Pegasus golf development north of Christchurch is back on the sale block after a challenge to the sale by a Hong Kong based investor failed in the High Court.

Rotorway, a subsidiary of Yellow River Global Capital, entered in a share subscription agreement last November for the injection of $90

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NBR Staff Fri, 25 Oct 2024
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For sale flag back up at Pegasus, after $90m bid stalls
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