Wellington's Cornerstone Partners has built its commercial property portfolio to close to $400 million in the capital with the recent purchase of two buildings. Cornerstone is relatively new to the game, led by local Chinese businessman Chao (Charlie) Zheng, building property wealth over eight years, including spending about $25m-to-$30m on earthquake strengthening. It expects to complete the $26m upgrade and seismic strengthening of the heritage listed-Harbour City Centre in the Wellington CBD in July. SUPPLIED An illustration of what the refurbished and strengthened Harbour City Centre will look like inside. SUPPLIED An artist's impressions of Harbour City Centre, after the $26 million refurbishment and strengthening project is completed in July.

Source: Stuff April 18, 2019 00:33 UTC