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ROTOKAURI
DEVELOPMENT LTD
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This joint venture
between TGH and
Messrs Macdonald and
Lugton sold over 40
residential sections at
Tramway Road.
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This included nine
sections sold to tribal
members in an exclusive
offer (November 2015).
THE BASE ME
TE AWA
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By financial year’s end
TGH had confirmed a
50 percent sale of The
Base to leading listed
property company —
Kiwi Property Group.
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The Base will be
operated as a joint
venture to cement
The Base as one of
the country’s leading
shopping malls.
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Stores within The
Base traded strongly
over the past year,
with overall spend
within The Base up by
4.6 percent and overall
market share steady.
TE HIKO MAHI
I RUAKURA
Gearing Up At Ruakura
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Three key land-use
consents were gained
in early March this year.
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These clear the way to
create a 13.5 hectare
inland port and 32
hectare logistics hub.
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The Inland port and
logistics are key to
getting the most value
from Ruakura.
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Many enquiries from
major players in the
export, import and
domestic logistics
sector.
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At a scale of 480
hectares, TGH will need
to explore innovative
financing strategies.
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Also looking to the
Hamilton City Council
to actively partner
with us to bring key
infrastructure to the
gate so that Hamilton
unlocks the full
benefits of Ruakura.
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Construction of the
inland port is expected
to commence by
March 2017.
NGAA MAHI AHU
WHENUA
Primary Industry
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In December last year
TGH purchased an 89
hectare dairy fairm at
Tauhei.
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It adds to our
operations at
Hangawera Station
and other nearby dairy
farms.
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The farms can share
plant and equipment,
manage staff resources
and get the best mix
of stock across the
properties.
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Total of land held by
TGH on behalf of the
tribe is around 4,500
hectares.
OPERATIONS REPORT
ENVIRONMENT
In 2016 TGH undertook its first ever baseline assessment of its environmental
performance measured against the Waikato-Tainui Enviromental Plan in-line
with the internationally recognised Global Reporting Initiative.
WHENUA
TGH acquired an 89 hectare farm at Tauhei in November 2015, and now holds
around 4,500 hectares on behalf of the tribe.
Tribal members were offered first opportunity to buy the sections at Tramway
Road, with nine sections in total sold to Waikato-Tainui members. Tribal
builders engaged in relation to new residential opportunities at Rotokauri.
EMPLOYMENT
In collaboration with the Waikato Raupatu Lands Trust team, over 100 new
employment opportunities were created. TGH has also embarked improving
the purchase of services, where suitable, from businesses owned by tribal
members such as electrical, arbor and landscaping services.
STAKEHOLDERS
TGH ran a range of tours and briefings for rangatahi and kaumatua during the
year enabling tribal members to visit and learn more about TGH’s strategy.
We interacted extensively with local and central government and the business
community updating them and receiving feedback on our business plans and
operations for the tribe. Ongoing staff and stakeholder engagement surveys
provide important guidance for governance and management.
NON-FINANCIAL OUTCOMES