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:
“One wants in a Prime Minister a good many things, but not very great things. He should be clever but need not be a genius; he should be conscientious but by no means strait-laced; he should be cautious but never timid, bold but never venturesome; he should have a good digestion, genial manners, and, above all, a thick skin.”
—Anthony Trollope (1815–1882)
“In the faith that looks through death,
In years that bring the philosophic mind.”
—William Wordsworth (1770–1850)