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Invercargill hotelier Geoff Thomson, the owner of the former chief post office building in Dunedin, has added the Century City Hotel in Wellington to his stable.
Mr Thomson said yesterday it was the ninth hotel his company, Distinction Hotels, owned, if the former chief post office was included, which was "absolutely" part of a growth strategy.
Wellington property developer Mark Dunajtschik became the owner of the Century complex in July after its previous owner, Wellington Phoenix boss Terry Serepisos, failed to repay a $4 million loan.
Mr Dunajtschik sold it to Distinction Hotels for $20 million, the Stuff website reported.
Mr Thomson said little work had been done at the former chief post office after work in May to replace the leaking roof, but a structural engineer was expected to start the next stage soon.