July 24, 2013
Ngāi Tahu stepping up Christchurch rebuild
Ngāi Tahu Holdings Chief Executive Mike Sang says the company is well positioned to invest heavily as the Christchurch rebuild gathers momentum.
Mr Sang says the company has had several strong years financially, including a $62.7 million profit last year, and it has a strong balance sheet.
Ngāi Tahu is currently developing land in the Christchurch city centre.
It also has retail property in Tower Junction and residential developments throughout Wigram, Preston's Road and Lincoln.
Mr Sang says being both a property developer and retaining ownership of many properties for investment returns, Ngāi Tahu can take a variety of approaches.
It is also working with partners on the larger projects.
Ngā rautaki whakangao ā Ngāi Tahu
Kua rite mai ā Ngāi Tahu ki te whakangao pūtea i ngā mahi hai whakahou i te tāone ō Otautahi.
Neke atu i te ono tekau mā rua miriona tāra te hua pūtea ā Ngāi Tahu i tērā tau.
Hai tā Mike Sang te toihau ō te iwi he maha ngā huarahi kei mua i ā rātou, pērā i te whakatū whare, i te whakahou whare, i te utu pūtea ki ngā hōtaka maha mō te oranga ō te rohe rā, i patua e Ruaumoko i te tau 2011.
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