Augusta signs Queenstown hotel management agreement with Radisson Hotel Group
Augusta is pleased to announce the signing of a hotel management agreement with Radisson Hotel Group in Queenstown, following the purchase of the prime, central-Queenstown Man Street site in November 2018.
This will be the first Radisson Collection hotel in New Zealand, as well as one of two initial seed assets for the Augusta Tourism Fund.
We are thrilled to be supporting the Tania Dalton Foundation through the financial support of their scholarship programme. The Tania Dalton Foundation has been established to ensure Tania’s passion for sport and for helping others lives on. The Foundation aims to make a meaningful difference to young New Zealanders in the community. It supports young New Zealanders,
The age old question of how to make the most of your investment dollar is especially significant in the current economic climate. It’s no secret that we Kiwis love owning houses but there are alternative ways of including property within your investment portfolio – for as little as $10,000 with forecast 6.5%* p.a. pre-tax returns.
The industrial property sector includes the likes of warehousing and manufacturing facilities and has consistently outperformed other commercial property sectors with the highest total returns over the past five years.
Augusta Industrial Fund launches
The Augusta Industrial Fund Ltd has recently opened for investment, a limited liability company established by Augusta Funds Management Ltd which offers a number of different features.
The fund has been established to invest solely in industrial property with an initial portfolio of four properties – three in Auckland and one in Wellington with a current valuation of about $118 million.