Our Impact

For the 10 years to March 2024 TGH generated the following economic return:

In addition to $140 million in dividend to Waikato-Tainui, TGH also returned $46 million resulting from the 50% sale of The Base business (not including the whenua) in 2014.

Our Development Timeline

2005

The Base

Construction began in 2004 as a joint venture with The Warehouse Group, and TGH acquired full ownership in 2007. 

Huntington subdivision

2007

Ibis Tainui Hamilton Hotel

Located overlooking the Waikato River in central Hamilton, the 126 room, 3.5-star Ibis Tainui Hamilton Hotel opened in 2007.

2009

Te Awa Mall

2011

Novotel Auckland Airport Hotel 

Owned by TGH in a 50/50 joint venture with Auckland International Airport Ltd. The hotel, opened in 2011 in time for the Rugby World Cup has 263 rooms, which along with conference, meeting, restaurant and bar facilities have been extensively refurbished in 2022.

2014

Novotel Tainui Hamilton (100% buyout)

2015

Punawai Farm (purchase)

2016

Tramway Road Subdivision

The Base sale 

TGH sells a 50 per cent stake in The Base shopping centre, including 120-year ground leases but not the underlying land, to New Zealand’s largest listed property company – Kiwi Property.

2017

Mangatea farm (purchase)

2018

Rotokauri Rise subdivision

Stage 1 of Rotokauri Rise in North West Hamilton was developed in 2018, with the first 131 residential sections selling through a range of Group Builders. 

2020

Go Bus (sold)

2021

Centre Place

TGH purchased a 50% share in Centre Place from Kiwi Property Ltd in March 2021. 

The Warehouse Central Hamilton

In October 2021 TGH purchased the commercial building occupied by The Warehouse in central Hamilton.

 

2022

PBT Building Ruakura

The development on PBT’s site in the Logistics West zone of Ruakura Superhub includes a 2,800sqm enclosed logistics facility with 1,890sqm loading canopy and 250sqm office. Construction was completed in 2022.

Cambridge Police Base

Cambridge’s new police station, built in a first-of-its-kind partnership with Tainui Group Holdings, sits on land once confiscated from the iwi by the Crown. The police station officially opened on 14 Sept 2022.

Ruakura Superhub 

15 September 2022 was the official opening of the Ruakura Superhub which was a landmark juncture for Waikato-Tainui iwi.

2023

ACC Building

Ruakura Inland Port

Waikato Milking Systems - sold

Big Chill Building

Te Arikinui Pullman Auckland Airport Hotel

Kmart Building

Maersk Building