HAERE MAI / WELCOME
Ngāi Tahu Property has assets with a market value in excess of $450 million.
Ngāi Tahu Property, owned by the South Island iwi Ngāi Tahu, is a substantial New Zealand business with a focus on five key areas: Property Investment, Property Management, Property Development, Rural, and management of the tribe's Right of First Refusal to purchase Crown property assets.
We hold an investment portfolio of prime properties with a significant suite of Crown-tenanted properties that include the Court Buildings in Christchurch and Queenstown and police buildings in Christchurch, Dunedin and Queenstown. Buildings in Christchurch include the high profile Big Box Retail Centre – Tower Junction Mega Centre. The Queenstown Post Office Precinct, located in downtown Queenstown, is the latest addition to the investment portfolio and includes major office and retail space.
Substantial rural investments include high country stations and rural land leased to forestry companies.
The development portfolio positions the company as a major long-term participant in the growth of Te Waipounamu/the South Island of New Zealand. We are undertaking a major public-private partnership with Christchurch City Council in developing the Council's new $113m Civic Building. Residential section developments are planned or completed at:
Further commercial developments in Christchurch are being planned or undertaken along Blenheim Road and Haytons Road, Wigram.
Ngāi Tahu Property has developing aspirations in the rural sector and currently owns within Te Waipounamu/the South Island 83,600 hectares of rural land, of which currently 90% is leased to forestry companies. Over the long term, Ngāi Tahu intends to develop over 35,000 hectares of this portfolio to agricultural and other higher and better uses.
Ngāi Tahu also owns and operates 29,000 hectares of high country stations at the head of Lake Wakapitu known as the Routeburn, Greenstone, Elfin Bay and Caples stations.