Gen Prop loan
PA Wellington General Properties Corporation, Ltd, 50 per centowned subsidiary, West Plaza Hotels, Ltd, has negotiated a loan of 525.6 M.
General Properties directors said that the deal with the Development Finance Corporation comes at a time when the Government is predicting acute shortages of firstclass hotel accommodation.
West Plaza expects its international standard Wellington hotel, with 210 rooms and 11 storeys, to be completed late next year.
General Properties also has a 50 per cent interest in the existing West Plaza Hotel in Wakefield St, Wellington.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19860212.2.184.29
Bibliographic details
Ngā taipitopito pukapuka
Press, 12 February 1986, Page 41
Word count
Tapeke kupu
90Gen Prop loan Press, 12 February 1986, Page 41
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in