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Auckland City Collective

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SkyCity agrees conditional NZ$221m sale of Auckland's Grand Hotel

SkyCity has agreed to sell Auckland's Grand Hotel and its business assets to Eden Global Capital and Auckland City Collective for NZ$221m. Completion depends on conditions including Overseas Investment Office approval, and the parties aim to settle in mid-December 2026. SkyCity would continue operating the hotel for the buyer until 30 June 2027 as part of its debt-reduction programme.

Also in this report: SkyCity · Eden Global Capital · New Zealand · Overseas Investment Office

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  • Report published SkyCity agrees conditional NZ$221m sale of Auckland's Grand Hotel

    SkyCity has agreed to sell Auckland's Grand Hotel and its business assets to Eden Global Capital and Auckland City Collective for NZ$221m. Completion depends on conditions including Overseas Investment Office approval, and the parties aim to settle in mid-December 2026. SkyCity would continue operating the hotel for the buyer until 30 June 2027 as part of its debt-reduction programme.

    Also in this report: SkyCity · Eden Global Capital · New Zealand · Overseas Investment Office

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October 2026

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