Tech entrepreneur sells his Remuera mansion for $43m, downsizes to $11m apartment

Tech entrepreneur Graeme Fraser sold his Remuera mansion for $43m, setting a new Auckland record. The off-market deal closed a year ago, though details emerged recently. Fraser bought the property for $6.75m in 2000. He now lives in a three-bedroom Orakei apartment he got for close to $12m in February.