BreakFree Hotel in Christchurch is one of the hotels NZ Super Fund is buying into in a $300 million hotel venture. NZ Super Fund invests worldwide and in New Zealand to build a national nest egg to help fund the pension in the future. Its partners in this tourism investment venture are the Russell Group of companies, one of New Zealand's largest privately owned and operated construction and property businesses, and the Lockwood Group, a private investment group. SUPPLIED NZ Super Fund invests world-wide and in New Zealand to build a national nest egg to help fund the pension in the future. The group was delighted to partner with NZ Super Fund and to see the assets remain in local ownership.

Source: Stuff July 18, 2019 02:26 UTC