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New Zealand's Most Expensive Rental Property - Private Estate in Queenstown Listed by Oliver Road Estate Agents

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New Zealand's Most Expensive Rental Property - Private Estate in Queenstown Listed by Oliver Road Estate Agents
Business

Business

New Zealand's Most Expensive Rental Property - Private Estate in Queenstown Listed by Oliver Road Estate Agents

2025-03-17 20:44 Last Updated At:21:05

QUEENSTOWN, New Zealand, March 17, 2025 /PRNewswire/ -- As global uncertainties rise, New Zealand continues to solidify its reputation as a safe haven for the world's most discerning individuals. Now, an extraordinary opportunity awaits: "The Homestead", a luxuriously-renovated historic home of some 800+ sqm (8,600+ sq ft), set on more than 6 hectares (15 acres) on the shores of Lake Hayes in Queenstown is one of the country's most iconic estates. With guests previously paying up to 12,500 NZD per night for shorter vacations, now, for the first time, it's being made available for much longer periods of 3 to 24-months (starting at 65,000 NZD per month), with expressions of interest already being fielded from across the globe.

An Estate Tailored for Elite Living

The Homestead, which has previously hosted A-list celebrities and global leaders, is meticulously crafted to cater to every need of its privileged occupants.

Exceptional Features:

A Safe Haven in an Uncertain World

The estate's secluded location in the South Island of New Zealand, ranked as one of the safest and most stable countries in the world, has made it highly sought after by affluent families looking for a sanctuary from geopolitical tensions and economic volatility.

"This is one of the most breathtaking alpine environments in the world" says Cam Winter, Managing Director of Oliver Road | Luxury Real Estate. "At a time when peace, privacy and security are increasingly rare commodities, The Homestead offers a serene holiday destination, or a safe place to land after pulling the ripcord."

Contact for Enquiries:

Cam Winter
Managing Director
Oliver Road | Luxury Real Estate
Phone: +64 21 800 889
Email: cameron@oliverroad.co.nz
Website: https://www.oliverroad.com/qt/listings/the-homestead

About Oliver Road | Luxury Real Estate
Oliver Road specialises in marketing New Zealand's most exclusive properties, connecting global elites with bespoke opportunities in luxury living.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

New Zealand's Most Expensive Rental Property - Private Estate in Queenstown Listed by Oliver Road Estate Agents

New Zealand's Most Expensive Rental Property - Private Estate in Queenstown Listed by Oliver Road Estate Agents

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VINSSEN Receives Type Approval for Maritime Fuel Cell Stack from RINA

2025-03-21 09:00 Last Updated At:09:15

SEOUL, South Korea, March 21, 2025 /PRNewswire/ -- VINSSEN, a maritime decarbonization technology specialist focused on hydrogen fuel cells and supporting systems, has received Type Approval from RINA, the Italian classification society, for its 60kW maritime fuel cell stack. This approval accelerates the demonstration and commercialization of VINSSEN's 120kW maritime fuel cell power generation system, further solidifying its technological leadership in the global eco-friendly maritime industry.

VINSSEN has been at the forefront of hydrogen fuel cell technology development for the maritime sector, actively advancing hydrogen fuel cell projects both domestically and internationally. Despite the absence of clear maritime hydrogen-related legal standards, the company has leveraged regulatory sandboxes to systematically conduct technology verification and rigorous certification procedures, demonstrating its technical expertise.

The recent Type Approval from RINA not only strengthens international confidence in hydrogen fuel cell technology for eco-friendly ships but also marks a significant step toward full commercialization. This milestone reflects the company's commitment to promoting hydrogen fuel cells as a key solution for reducing maritime carbon emissions.

The certification process involved performance and environmental tests based on IEC standards, all of which VINSSEN successfully passed. The vibration test confirmed the system's durability under specific frequency and acceleration conditions. Additionally, the dielectric strength test showed that the system could withstand high voltage without insulation failure, meeting all required standards. These challenging tests were successfully completed, confirming the reliability and safety of VINSSEN's fuel cell module for maritime and shipbuilding applications.

Looking ahead, VINSSEN plans to accelerate the development of next-generation hydrogen fuel cell solutions, including a 150kW high-output fuel cell stack and an onboard fuel cell power generation system using reformed gas (75% hydrogen and 25% nitrogen). These innovations will increase the feasibility of applying MW-class hydrogen fuel cell systems to larger vessels.

A VINSSEN representative stated, "This Type Approval is a key milestone for the commercialization of MW-class maritime hydrogen fuel cell systems. We will continue leading the maritime market through ongoing technological innovation and the pursuit of global certifications."

[VINSSEN Introduction]

VINSSEN Co., Ltd.  is engaged in the development and manufacturing of eco-friendly propulsion systems for vessels using electric propulsion and hydrogen fuel cells. The company holds over 50 patents related to electric propulsion systems, hydrogen fuel cells for ships, and electric propulsion leisure boats. Its goal is to convert vessels powered by diesel engines into eco-friendly vessels powered by electric and hydrogen technologies.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

VINSSEN Receives Type Approval for Maritime Fuel Cell Stack from RINA

VINSSEN Receives Type Approval for Maritime Fuel Cell Stack from RINA

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