The Prime Years
At the peak of the trust's wealth, the NPRT had investments totaling A$1 billion. These investments included properties in Australia, the Philippines, Guam, and the USA. A partial list of international investments includes:
- Fiji: The Grand Pacific Hotel
- India: Paradeep Phosphate
- New Zealand: Auckland Sheraton Hotel, Roturua Sheraton Hotel
- Philippines: Manila Pacific Star Hotel, Philippines Phosphate & Fertilisers
- United States: Pacific House (Washington), Singer Building Development (665 acres - Houston), Hillside Property (600 acres - Oregon)
- Hawaii: Nauru Hotel
- Guam: Pacific Star Hotel
- United Kingdom: 3 Chesham Street (London)
- Samoa: Properties at Vaitele and Sogi
- Australia: Nauru House (Melbourne) -- (this development was known as the "jewel in the crown" of Nauru's overseas properties)
Read more about this topic: Nauru Phosphate Royalties Trust
Famous quotes containing the words prime and/or years:
“In time, after a dozen years of centering their lives around the games boys play with one another, the boys’ bodies change and that changes everything else. But the memories are not erased of that safest time in the lives of men, when their prime concern was playing games with guys who just wanted to be their friendly competitors. Life never again gets so simple.”
—Frank Pittman (20th century)
“It would astonish if not amuse, the older citizens of your County who twelve years ago knew me a stranger, friendless, uneducated, penniless boy, working on a flat boat—at ten dollars per month to learn that I have been put down here as the candidate of pride, wealth, and aristocratic family distinction.”
—Abraham Lincoln (1809–1865)