Coinvestor in Elanor Wildlife Park Fund takes major stake in Hunter Valley Zoo
Recognising that nature-based and eco-tourism is a rapidly growing sub-sector of the tourism industry in Australia and around the world, Atlas Advisors Australia - a leading wealth manager - has taken a joint stake in Hunter Valley Zoo at Nulkaba, NSW.
Atlas Advisors Australia - the sole co-investor in ASX-listed Elanor Investors Group’s Elanor Wildlife Park Fund - purchased the property, bringing the total value of the fund to $60 million.
The investment follows Atlas having also become the joint shareholder in Elanor Wildlife Park Fund’s two other wildlife park assets - Featherdale Wildlife Park, in Western Sydney and Mogo Zoo in Batemans Bay on the NSW South Coast. Each are now operated by the Australian Wildlife Parks entirty
Atlas Advisors Australia Executive Chairman, Guy Hedley sees that the Hunter Valley Zoo is a prime tourism and real estate asset that would thrive in the long-term, noting “wildlife parks and zoos have remained resilient and profitable despite COVID-19 posing the greatest challenges the Australian tourism sector has ever faced.
“Individuals and families are keen for outdoor adventures that connect them with nature and our unique environment while also providing life-long educational experiences.
“We are looking forward to taking on more opportunities in this thriving tourism subsector while also expanding our asset portfolio to include nature retreats, luxury resorts and high-quality hotels.”
Atlas Advisors Australia will continue to leverage its valuable relationship with property experts Elanor Investors Group to expand its tourism and tourist-property assets.
Opened back in 2007, Hunter Valley Zoo boasts an amazing diversity of native and exotic wildlife including koalas, kangaroos, lions, giraffes, meerkats, monkeys and reptiles.
Since its opening it has since expanded from a native-only collection to housing species including primates, American alligators, white lions, wolves, meerkats and capybaras.
Image courtesy Hunter Valley Zoo
Related Articles
Published since 1997 - Australasian Leisure Management Magazine is your go-to resource for sports, recreation, and tourism. Enjoy exclusive insights, expert analysis, and the latest trends.
Mailed to you six times a year, for an annual subscription from just $99.
Get business and operations news for $12 a month - plus headlines emailed twice a week. Covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism, and venues.