EVT Acquires New Zealand Hotel for About NZ$88 Million

MT Newswires Live

2025/12/24

EVT (ASX:EVT) acquired QT Auckland, a lifestyle hotel in New Zealand that the company designed and has been operating since 2020, for NZ$87.5 million, according to a Wednesday filing with the Australian bourse.

The deal is set to be completed in early 2026, subject to certain conditions, the filing said.

In the same filing, the company said it expects the AU$24.5 million sale of the Rydges Geelong hotel in Victoria to be completed in January 2026.

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