Eori

Last updated
Eori
Geography
Location South Pacific
Coordinates 17°26′17″S177°03′48″E / 17.43806°S 177.06333°E / -17.43806; 177.06333 Coordinates: 17°26′17″S177°03′48″E / 17.43806°S 177.06333°E / -17.43806; 177.06333
Archipelago Mamanuca Islands [1]
Area0.245 km2 (0.095 sq mi)
Highest elevation64 m (210 ft)
Administration
Flag of Fiji.svg  Fiji
Division Western
Province Nadroga-Navosa Province
Demographics
Populationunknown

Eori is a privately held island, which lies at the extreme northwestern end of the Mamanuca Islands group.

Contents

Geography

It has an area of 9.7 hectares (24 acres) and was advertised as being for lease in April 2008 with a price of €9,000,000. In 2009 it was offered at auction but failed to sell at a top bid of A$1 million.

Ownership

Eori was for many years owned by real estate firm Pacific Islands Partnership Limited, which is in turn solely owned by Tim Manning's Chaylor Investments. Chaylor investor Eric Rush held a 7 percent share in Eori specifically. [2]

In 2009, Manning and Chaylor sold the island to investor Graeme Hart., [3] who controls the island through a 100% interest in LLC Eori Island Limited [4] via his personal investment corporation, Rank Group Ltd. [5]

See also

Related Research Articles

Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is one of the largest asset managers in the world with $4.5 trillion in assets under management, now as of December 2021 their assets under administration amounts to $11.8 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance.

Tranz Rail, formally Tranz Rail Holdings Limited, was the main rail operator in New Zealand from 1991 until it was purchased by Toll Holdings in 2003.

<span class="mw-page-title-main">LJ Hooker</span>

LJ Hooker is one of Australia's largest real estate groups, with 600 franchise offices and 6,000 people engaged in residential and commercial property sales and property management. The company was founded in 1928 by Sir Leslie Joseph Hooker and after being sold to a private company for 20 years, the company returned to family hands in 2009.

<span class="mw-page-title-main">ANZ (bank)</span> Australian multinational bank

The Australia and New Zealand Banking Group Limited (ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria. It is Australia's second-largest bank by assets and fourth-largest bank by market capitalisation.

<span class="mw-page-title-main">AMP Limited</span> Financial services company located in Australia and New Zealand

AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, financial advice, and banking products including home loans and savings accounts. Its headquarters is in Sydney, Australia.

<span class="mw-page-title-main">Public Storage</span> US international self storage company

Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT). It is the largest brand of self-storage services in the US. In 2008, it was the largest of four publicly traded storage REITs. There are more than 2,200 Public Storage self-storage locations in the US, Canada and Europe. It also owns 42 percent of an office parks subsidiary, sells packing supplies, and provides other services. As a REIT, it is owned by real estate investors, who receive more than 90 percent of the company's profits as a return-on-investment.

<span class="mw-page-title-main">Rayonier</span>

Rayonier Inc, headquartered in Wildlight, Florida, is a timberland real estate investment trust ("REIT") with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. Its core business segments are timber and real estate.

<span class="mw-page-title-main">Macquarie Group</span> Australian investment bank and financial services company

Macquarie Group Limited is an Australian global financial services group. Headquartered and listed in Australia, Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$737 billion in assets under management.

KiwiRail Holdings Limited is a New Zealand state-owned enterprise responsible for rail operations in New Zealand, and operates inter-island ferries. Trading as KiwiRail and headquartered at 604 Great South Road, Ellerslie, KiwiRail is the largest rail transport operator in New Zealand. KiwiRail has business units of KiwiRail Freight, Great Journeys New Zealand and Interislander. KiwiRail released a 10-Year Turn-around Plan in 2010 and has received significant government investment in support of this in an effort to make KiwiRail a viable long-term transport operator.

Firepower International was a fraudulent company that advertised as a Hong Kong-based company owned and operated by Global Fuel Technologies Ltd, specializing in technology purporting to reduce the fuel consumption and environmental impact of petrol-operated vehicles. There were other offices in Sydney, China, Rhodes, Athens and Papua New Guinea, according to the now-defunct official company website. However, "in reality it was a handful of people in an industrial estate in Perth", who were conducting a complex of fraudulent operations. The original entity—Firepower Operations Pty Ltd—was a A$1 company, first registered in December 2004, owned by Firepower Holdings Group Ltd, a company with an address in the British Virgin Islands.

The Nauru Phosphate Royalties Trust (NPRT) was a sovereign wealth fund developed by the government of the Republic of Nauru in which the government invested money from the state-owned mining company, Nauru Phosphate Corporation. This money was then re-invested in a real estate portfolio, among other things, to provide the government with a reliable national income following the depletion of minable phosphates on the island. Although at one time successful, mismanagement and corruption later essentially bankrupted the fund, thus virtually bankrupting the entire Republic.

<span class="mw-page-title-main">Bridgecorp Holdings</span>

Bridgecorp Holdings Ltd is a former high-risk property development group that was operating in New Zealand and Australia. It was placed in receivership in July 2007.

<span class="mw-page-title-main">Allan Hubbard (businessman)</span> New Zealand businessman

Allan James Hubbard was a businessman who lived in Timaru in the South Island of New Zealand, and was the founder of South Canterbury Finance, New Zealand's largest locally owned finance company. In 2006, the New Zealand Listener described Hubbard as the most powerful businessman in the South Island.

Nikanor plc was a publicly quoted holding company for Global Enterprises Corporate (GEC) with assets in the rich Copperbelt region in Katanga Province, Democratic Republic of the Congo (DRC).

South Canterbury Finance was New Zealand's largest locally owned finance company when it collapsed in August 2010, triggering a $1.6 billion bail-out of investors deposits by the New Zealand Government; almost $1b was recovered by receivers.

Rubin "Rubie" Schron is a New York City real estate investor, landlord, and the founder of Cammeby's International Group. He owns or controls property worth over $13 billion, according to data company Real Capital Analytics. Founded in 1967, Cammeby's portfolio includes office buildings; market-rate and government-subsidized apartment complexes; nursing homes, the 16-building complex in Sunset Park now known as Industry City; a stake in the bottom half of the Woolworth Building; and industrial properties across Long Island. In 2013, Schron made an unsolicited and unsuccessful offer to buy the Empire State Building for $2 billion. In 2003, an investment group led by Schron paid $705.6 million for a portfolio of about 6,000 outer-borough apartments from Donald Trump. Other buildings he owns include the Monterey, a 521-unit rental multifamily building on Manhattan's Upper East Side; over the decades, Schron has also amassed a portfolio of Mitchell-Lama apartment buildings whose values have been skyrocketing to record values, after reverting to market rates when government subsidies expired. In 2007, he sold nearly 4,000 units of former Mitchell-Lama properties in five complexes in Harlem and on Roosevelt Island for $940 million. Schron, who practices Orthodox Judaism, has eight children and 50 grandchildren. He and his family reside in Brooklyn.

<span class="mw-page-title-main">Steel & Tube</span>

Steel & Tube Holdings Limited is a New Zealand-listed company that was established in 1953 with the merger of Stewarts & Lloyds of New Zealand, The Iron & Steel Company of New Zealand and McLean & Todd to form a steel company with a national reach.

Ngāi Tahu Holdings Corporation Limited is owned by the Ngāi Tahu iwi of the South Island of the New Zealand. Its main interests are in tourism, fisheries, property and forestry and it is among the wealthiest iwi in New Zealand. Ngāi Tahu annually contributes more than $200 million to the South Island economy.

<span class="mw-page-title-main">Paradise Papers</span> 2017 documents leak related to offshore investment

The Paradise Papers are a set of over 13.4 million confidential electronic documents relating to offshore investments that were leaked to the German reporters Frederik Obermaier and Bastian Obermayer, from the newspaper Süddeutsche Zeitung. The newspaper shared them with the International Consortium of Investigative Journalists, and a network of more than 380 journalists. Some of the details were made public on 5 November 2017 and stories are still being released.

Paradise Beverages (Fiji) Limited is a Fijian alcoholic beverage producer based in Suva. It is a publicly listed company on the South Pacific Stock Exchange.

References

  1. Kumar, Lalit (31 January 2020). Climate Change and Impacts in the Pacific. Springer Nature. p. 68. ISBN   978-3-030-32878-8 . Retrieved 15 April 2021.
  2. McCracken, Heather (5 July 2009). "Paradise can wait for bids". The New Zealand Herald . Retrieved 29 September 2011.
  3. Meadows, Richard (22 November 2011). "Developer and wife in million dollar court battle". Auckland Now . Retrieved 25 October 2012.
  4. New Zealand Companies Register. "Certificate of Incorporation". Corporate record. Companies Office. Archived from the original on 23 February 2013. Retrieved 25 October 2012.
  5. New Zealand Companies Register. "2012 Annual Return". Eori Island Limited. Companies Office. Retrieved 25 October 2012.