Streamline
  • Technology
  • Industry
  • News
  • Insight
  • Top
Archives
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • June 2020
  • May 2020
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
Categories
  • All Content
  • Golf Course Architecture
  • Industry
  • Insight
  • Maecenas
  • News
  • Technology
  • Top
Meta
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Join the Community and Signup to our newsletter

GolfInsighter
  • Technology
  • Industry
  • News
  • Insight
  • Top
  • News

Terrace Downs acquire for 6.6m following owner’s Coronavirus death

  • September 19, 2020
  • Admin
Terrace Downs
Total
0
Shares
0
0
0

Following the tragic death of former owner Hiroshi Hasegawa earlier this year, one of Canterbury’s top golf courses has now been sold for a price tag of  $6.6 million.

Competition at the CBRE auction for Terrace Downs Golf Resort in the Canterbury High Country was high, with the property attracting strong interest from buyers.

The course was put on the market after the death of multi-millionaire Japanese investor Hiroshi Hasegawa, who purchased it in 2012 after approval from the Overseas Investment Office.

Hasegawa was 59 when he died in April.

He had turned the resort into a globally recognised luxury golf and adventure destination.

A trophy asset

Tim Rookes, managing director of CBRE Christchurch, and Warren Hutt, senior director of capital markets, CBRE Auckland, who marketed the property on behalf of Hasegawa’s estate, said the property was bought by a private investor.

Rookes said: “We’re delighted to get such a fantastic result for this stunning property. 

Continue reading the article at: https://www.golfindustrycentral.com.au/golf-industry-news/terrace-downs-acquire-for-6-6m-following-owners-coronavirus-death/

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Related Topics
  • Golf Industry News
Admin

Previous Article
Crafting a labor strategy
  • Industry

Crafting a labor strategy

  • September 18, 2020
  • Admin
View Post
Next Article
Top 5 golf movies
  • Top

Top 5 golf movies of all time

  • September 21, 2020
  • Admin
View Post
You May Also Like
El director Agustín Pizá ha sido incluido en la prestigiosa edición Golf Inc. Power 2020.
View Post
  • News

Agustin Pizá Makes The Golf Inc. Power 2020 Issue As One Of Golf’s Up And Coming Superstars

  • Admin
  • November 9, 2020
Golf Course Reopening Protocols
View Post
  • News

Golf Course Reopening Protocols: What to Expect

  • Admin
  • October 5, 2020
Golf House Pinehurst
View Post
  • News

USGA announces plans for North Carolina location

  • Admin
  • September 11, 2020
Gary Player
View Post
  • News

Gary Player makes impassioned plea against cutting down trees on golf courses

  • Admin
  • August 23, 2020
Recent Posts
  • Top Reviewed Golf Course Software 2020
  • New Golf Course Technology in 2021
  • Agustin Pizá Makes The Golf Inc. Power 2020 Issue As One Of Golf’s Up And Coming Superstars
  • Golf Design as an Art Form
  • The Future of Golf?
Featured Posts
  • Top Reviewed Golf Course Software 2020 1
    Top Reviewed Golf Course Software 2020
    • November 17, 2020
  • New Golf Course Technology in 2021 2
    New Golf Course Technology in 2021
    • November 15, 2020
  • El director Agustín Pizá ha sido incluido en la prestigiosa edición Golf Inc. Power 2020. 3
    Agustin Pizá Makes The Golf Inc. Power 2020 Issue As One Of Golf’s Up And Coming Superstars
    • November 9, 2020
  • GOLF DESIGN AS AN ART FORM - Pizá Golf 4
    Golf Design as an Art Form
    • November 2, 2020
  • The Future of Golf 5
    The Future of Golf?
    • October 15, 2020
Recent Posts
  • Golf Course Reopening Protocols
    Golf Course Reopening Protocols: What to Expect
    • October 5, 2020
  • Golf Course Irrigation Design Trends
    Golf Course Irrigation Design Trends
    • October 5, 2020
  • Technology in Golf Courses
    What technology is used in golf courses?
    • September 23, 2020
Categories
  • All Content (32)
  • Golf Course Architecture (1)
  • Industry (4)
  • Insight (4)
  • Maecenas (10)
  • News (5)
  • Technology (9)
  • Top (3)

Join the Community and Signup to our newsletter

Golf Insighter
  • Technology
  • Industry
  • News
  • Insight
  • Top
Golf Industry News

Input your search keywords and press Enter.