Mountain Scene
May 7, 2021
By PHILIP CHANDLER
National Business Review’s online Rich List.
Part-time local Fraser Sanderson, who’s developing commercial and residential property behind his former Queenstown Country Club retirement village, is valued at $225 million.
The Porter brothers, Alastair, John and Neville, who’ve developed commercial, retail and residential property at Frankton’s Remarkables Park, are valued at $200m.
Sanderson’s ranked 19th amongst NBR’s property-related Rich Listers and the Porters are 20th.
Sanderson sold Queenstown Country Club and two Tauranga villages to Arvida for $180m in 2019.
However,
NBR says it’s not so well known he’s retained more than 30ha of adjoining land, which he’s developing under the banner of Queenstown Commercial.
The latest daily profile of the new names on this year’s The NBR List.
There was talk of retirement when Fraser Sanderson sold a cluster of three luxury retirement villages to Arvida in 2019, but the Tauranga developer still appears as busy as ever.
The $180 million deal, which saw Arvida acquire two
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Press Release – Pacific Radiology Queenstown, Southland and Central Otago communities are set to benefit from Pacific Radiologys new purpose-built imaging facility currently under construction at Kawarau Park along Franktons Five Mile Highway. Located next door to the new Southern …
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