Commercial Interests

Improving asset value   The Board has approved a budget to maintain Waitaha property assets.  In particular, the Office building on 2 Dunlop Road will be undergoing repairs and maintenance to the exterior over the next three months.   Exploring economic viability   In addition, a final viability report for Te Houhou developments has just been completed.  The Board will work through the recommendations and risks to conclude the best way forward.  The outcome of those discussions will set the agenda for the future establishment of the Waitaha commercial entity.  

  Investment   The Board has recently approved its’ Statement of Investment Policy for Te Kapu O Waitaha.  Craigs Investment Partners are the assigned managers and advisors of the Trust Investment Portfolio which includes Term Deposits, and a range of shares. In addition a further Statement of Investment Policy has been developed and approved in draft for Waitaha Charitable Trust in anticipation of iwi approval at the Boards AGM in December.]]>