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Stamford Plaza Hotel sold for $170 million to investor CP Group

JLL hotels and hospitality director Nick Thompson says the new owners had plans to refurbish and rebrand the hotel under a "major international name".

Auckland , New-zealand , Singapore , Singaporean , Thomas-ong , Andrew-williams , Nick-thompson , Cp-group , Stamford-group , Archipelago-group , Stamford-land-corporation , Stamford-hotels

Stamford Plaza Hotel sold for $170 million to investor CP Group - www.indianweekender.co.nz

AnAucklandhotelhasbeensoldfor$170millioninwhatisbelievedtobelargesttransactionofitskindinNewZealand.

Auckland , New-zealand , Singapore , Singaporean , Thomas-ong , Andrew-williams , Nick-thompson , Cp-group , Stamford-group , Archipelago-group , Stamford-land-corporation , Stamford-hotels