Three Queenstown Businesses Purchase Queenstown Wharves

Press Release – Remarkables Jet Limited

A joint venture between Southern Discoveries Ltd, Real Journeys Ltd and Remarkables Jet Ltd has purchased St Omer and O’Regans Wharves from Ngai Tahu Property Limited at auction yesterday.November 9 2012

Joint Venture of Three Queenstown Businesses Purchase Queenstown Wharves

A joint venture between Southern Discoveries Ltd, Real Journeys Ltd and Remarkables Jet Ltd has purchased St Omer and O’Regans Wharves from Ngai Tahu Property Limited at auction yesterday.

Remarkables Jet Ltd Director, John Porter, said “Remarkables Jet is delighted to have joined with Southern Discoveries and Real Journeys to purchase the Wharves.

“Our plans include developing a stunning waterfront resort village, serviced by regular jet ferries travelling between Queenstown and Remarkables Park. Involvement in the joint venture is a key part of progressing the development of our integrated Master Plan.”

Remarkables Park Ltd wholly owns Remarkables Jet Ltd.

Tony McQuilkin, a Director of Real Journeys commented that Real Journeys was pleased to have secured substantial additional wharfage to allow in the future additional vessel operations on the lake.

Southern Discoveries Managing Director David Skeggs said he was pleased to have entered a joint venture with the other parties to secure the future for the company’s forthcoming new operation to Mt Nicholas Station.

ENDS

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