PremiumHome / New ZealandBen LeahyReporter·NZ Herald·4 Oct, 2026 03:44 AM4 mins to readMorning Headlines | Calls for Fire and Emergency CEO to be sacked and Labour's opening the door to keeping NCEA | Friday, September 18, 2026A US-owned company paid $600,000 to take over the roof of a Lower Hutt hostel for 35 years – then it “became aware” it had broken foreign buyer rules. Everest Infrastructure NZ signed a lease for a YMCA building roof in 2024 that allowed it to collect existing and future AdvertisementAdvertise with NZME.
NZ telecoms infrastructure: Why US investors paid $600k for a Lower Hutt rooftop - and broke our rules
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