Castaways Resort has been owned and developed by Gavin Shine since 2002. This acquisition by Marsden Resorts will enable Shine to accelerate the development of the adjacent land surrounding Castaways Resort to provide expanded facilities on the Waiuku property.
Marsden Associates' capabilities and expertise will enable existing operations and facilities to be taken to the next level to continue to attract international tourists and be an exemplary destination for weddings, conferences and weekends away. Marsden Associates will also work with Shine to provide services to grow and manage new operations as they are developed on the property.
The acquisition of Castaways Resort is effective immediately as is the development of new facilities on the land by Shine.