5
Tainui Group Holdings
Annual Report
2012
Objective
Progress
Outlook
Growth
Grow beyond
$1 billion in
high quality
total assets
by 2021
Operational
Deliver returns
People
Value employee
contributions
Partnerships
Create enduring
relationships
Sustainability
Differentiate from
competitors
Deliver a long term
sustainable dividend
stream.
Be a recognised
contributor to the
region’s economy.
Be the leader or
preferred partner
of signifcant
development projects.
TGH assets grew by 5.5% to
$694 million in 2012.
is New Zealand’s
largest single retail development
by area and Australasia’s only
hybrid (large format and mall)
centre. Businesses at The Base
employ 1,528 full and part-time
employees.
The completion of award winning
has
contributed $59 million to total
assets.
Ruakura will be a
unique commercial
development that
will become a
project of national
signifcance
creating growth and
employment.
Deliver investment
returns in excess of
market based hurdle
rates.
Weighted average cost of capital
methodology used to assess
performance of TGH’s existing
asset portfolio and inform
investment decisions.
Assess all future
capital and
investment projects
to determine
if returns meet
required hurdle rate.
To develop highly
competent, motivated
and engaged people.
To enable people
to express their full
potential.
Implementation of the People
Strategy 2025.
Graduate recruitment evening
held in March 2012 to showcase
TGH achievements.
Medical checks and fu jabs
offered for all staff.Weekly
provision of fresh fruit provided to
the team. Team building events.
Recruitment and
retention focus on
creating a motivating
and positive
environment.
Create enduring
relationships with
partners whose views
are closely aligned
with TGH.
A group of preferred, strategic
partners to provide appropriate
advice and support as
required which includes banks,
construction, legal, fnancial and
advisory services. We profle a
sample of our strategic partners
on
Regular review
of long-standing
relationships and
active engagement
with principals to
ensure that our
business needs are
being met.
Differentiate from
competitors by
completing projects
that refect the
enduring place in New
Zealand society of
Waikato-Tainui.
hotel
is infused withWaikato-Tainui
design features providing the
frst insight into New Zealand
culture for many travellers.
, and in particular,
esign features are
embedded with cultural elements
fromWaikato-Tainui.
The current
development of the
new TGH offces
at 6 Bryce Street,
Hamilton will feature
Waikato-Tainui
infuences.
Key Strategies