KEEPING THE DREAM ALIVE: QUEENSTOWN VISIONARIES BRING THE USD $1.5B+ GLOBAL LUXURY HOLIDAY HOME CO-OWNERSHIP WAVE DOWN UNDER

Move over Uber and Airbnb, the latest sharing economy to boom is the holiday home. It’s no wonder why… Who doesn’t want a multimillion-dollar, luxury holiday home for 1/8^th the cost? Here’s how.

Queenstown, New Zealand – The appeal of owning a holiday home is undeniable. It’s exciting to imagine having a special place in another part of the country or world where you can create amazing memories with family and friends. However, the cost can be difficult to justify in today’s market, especially if the home is only used for a few weeks each year. As a result, a global trend is seeing financially astute and environmentally savvy families drastically reduce the cost, responsibility, and environmental footprint of second home ownership through co-ownership. In fact, co-ownership has become so popular that an American provider has recently received $1.5B valuation since its 2020 inception and more than 2 million USA holiday homes are co-owned. Now, New Zealand/Australian co-ownership experts John and Sharon Russell have launched their latest business venture, Second Home, to help Kiwi and Australian families safely and reliably establish affordable second home co-ownership for themselves at 1/8 the cost. The Queenstown visionaries possess 24 years’ experience with co-ownership having introduced syndicated boat ownership to the Australian and New Zealand markets in 1999. “We have designed a practical and affordable way to fulfil the dream of owning a holiday home and creating those amazing memories of family holidays that become such a profound part of our lives,” said John and Sharon. Second Home brings eight like-minded individuals together to own the title to their dream holiday home, enjoy it exclusively for six or more weeks each year and benefit from any market appreciation, whilst paying only a fraction of the cost. Co-ownership significantly reduces the upfront and ongoing costs associated with owning a property and Second Home ensures the property is looked after and managed. “We are excited to co-own a stunning property in Queenstown valued at approximately eight times what I have invested, with like-minded families. It’s affordable and flexible, allowing us to spend quality time together in one of the most beautiful parts of the world,” said Peter Hamilton, Second Home owner. “Homes are luxuriously furnished, and a personal concierge is on hand to ensure that all is set up for your arrival.  On departure, just lock up and leave and Second Home takes care of the rest.” Second Home property locations include New Zealand (Queenstown Central, Jack’s Point in Queenstown, and Wanaka) and Italy (Mercatello sul Metauro and Venice) with the Gold Coast on the horizon. From an investment of only NZD$316,000, suitable buyers can co-own one of these multimillion-dollar homes for themselves. “So far, the interest and uptake have surpassed our expectations. Our first Queenstown property was so popular and went so quickly, that we secured two more in Queenstown and another in Wanaka. “We only just started marketing Jack’s Point last week and two of eight co-owners have already purchased.” “In uncertain financial times we have historically seen tremendous interest in the co-ownership model for both boats and holiday properties. During 2007 to 2009 our business Riviera Syndication experienced an increase in sales due to owners still wanting the leisure experience, but also wanting to be cautious with their investments.” Co-ownership is also sustainable. “Instead of holiday homes sitting empty for a large portion of the year, we are seeing families embrace co-ownership and reduce their carbon footprint, while also boosting the local economy with more frequent visitors. “It’s the perfect way to holiday and invest in real estate at the same time.” For more information and full listing details, visit www.secondhome.co.nz or contact John Russell at +64 21 854 597  or jrussell@secondhome.co.nz  or  Sharon Russell at  +64 21 863 759 or srussell@secondhome.co.nz. About Second Home Second Home is founded by experienced co-ownership pioneers and boutique lifestyle experts John and Sharon Russell, who have over 24 years of experience in co-ownership. They previously founded and operated Boatshare Australia in 1999 and Riviera Syndication luxury yacht co-ownership in Australia from 2007. Their new venture, Second Home, was launched in February 2023 in Queenstown, New Zealand with the aim of making second home ownership more accessible and sustainable through their holiday home co-ownership model.   Useful Links:  The Full Story How it Works Bullet Points How it Works & FAQS Photos & Logos www.secondhome.co.nz Second Home Facebook Second Home Instagram Second Home LinkedIn   Media Contacts:  John Russell +64 21 854 597, jrussell@secondhome.co.nz Sharon Russell +64 21 863 759 or srussell@secondhome.co.nz

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SpaceBase “Space for Planet Earth Challenge 2023” seeks applicants from the Pacific region leveraging space technologies to address climate change.

Auckland, NEW ZEALAND, [18 May 2023] The “Space for Planet Earth Challenge” officially kicks off today and invites students and innovators from New Zealand, Australia, the Philippines, and the Pacific Islands to participate. The Challenge seeks innovative ideas to combat climate change in the region. Auckland based organiser SpaceBase is calling applicants to specifically use satellite data, in combination with other data sources, to help develop scientific methods to identify target areas of methane emissions around the world. “SpaceBase leverages incentive prizes and space-based technologies to solve grand challenges on Earth”, said CEO and Co-founder Emeline Paat-Dahlstrom. “We hope the solutions created will further R&D as well as spark products and services in the realm of methane identification and monitoring in the region.” Methane contributes about a third of global warming worldwide and traps heat 25 times more than CO2. The competition is open to two categories: high school level and university/start-up level. Qualified teams will be invited to participate in a three month incubator programme that will include learning about remote sensing and data analysis, as well as design thinking and prototyping. Shortlisted teams after the incubator will be invited to pitch their ideas during the final event hosted in Auckland in March 2024. The grand prize winners and finalists will win cash prizes up to $25,000 NZD, mentorships, and more. Proposals to participate in the incubator programme can be submitted online between 18 May and 31 August. Full Challenge applications are due 25 February 2024. The Challenge is sponsored through organizations like K1W1 Ventures, Callaghan Innovations, and the Auckland Space Institute. Our partners include the Government of New Caledonia, and the Australian and Philippine Space Agencies. See full list of sponsors and partners on the SpaceBase website. For more information on submitting a proposal and other details, go to: https://spacebase.co/challenges/space-challenge-2023 or contact info@spacebase.co

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New Chorus Node expands Wellington Data Centre solutions at Xtreme Networks.

Xtreme Networks, a leading local provider of data centre and networking solutions, announced today that it is further expanding its capabilities with the launch of the new Chorus Data Centre Connect node for Wellington, Available to order from May 1, 2023. The new node, located in its colocation data centre at 191 Thorndon Quay, will provide an accessible Point of Presence for Internet Service Providers and enhanced connectivity options for businesses requiring high-quality data services, throughout the region and beyond. Chorus Data Centre Connect is a high-performance, low-latency service that allows ISPs to easily establish a local Point of Presence and enables businesses to easily connect to other data centres using Chorus’ fibre infrastructure. With the new node at Xtreme Networks, businesses will have access to Chorus Handover services and Chorus L2 Products. Service Providers and business customers can purchase either 10G or 100G connections to take the traffic back to their designated Chorus exchange and onto their nominated footprints. “We’re excited to have worked with Chorus to bring this new data centre connect node to Wellington,” said Dion Hallam, Managing Director of Xtreme Networks. “This investment provides yet another building block for us, in ensuring the region has ample access to high-performance networks directly into Chorus’s core infrastructure. We believe it will be hugely beneficial for ISPs to build a new point of presence in the Wellington region and will further simplify local data hosting for Managed Service Providers and their clients,” Dion Hallam said. Having also launched their new channel partner program for MSP’s, 2023 will be a year of continued growth & investment in providing robust local data storage and connectivity to New Zealand businesses. “It’s been a pleasure working with the Xtreme Networks team to launch our new DCI node into the Wellington Data Centre” said Mark West, Network Product Manager at Chorus. “This investment will give businesses in the region the unique opportunity to connect to the Chorus Handovers and backhaul services across New Zealand with options for both 10G and 100G transport service. We are really excited about this venture and look forward to what’s next,” Mark West said. Xtreme Networks is a locally owned and operated data centre with a reputation for providing highly responsive service and world class connectivity and hosting facilities for more than 23 years. The new Chorus Data Centre Connect node at Xtreme Networks in Wellington is set to go live on May 1, 2023. For more information about accessing the service, contact the Xtreme Networks team directly. For more, see: https://www.xtreme.nz

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