Tainui Group Holdings (TGH) is the kaitiaki (guardian) of the commercial assets of Waikato-Tainui.
Our purpose is to support the prosperity of our iwi by building financial resilience that will endure for generations.
TGH was formed in 2002 as the commercial entity for Waikato-Tainui, and we have since grown total assets to almost $1 billion. We have built a track record for quality property developments, strong commercial partnerships and a visionary but disciplined commercial strategy, backed with robust governance. Dividends generated by TGH are invested in a range of economic, social, cultural and environmental programmes for our iwi.
As the tangata whenua (people of the land) for the wider Waikato region, Waikato-Tainui currently has around 76,000 members belonging to 68 marae. In 1995, we were the first major iwi in New Zealand to settle historical grievances with the Crown relating to the illegal confiscation by the Crown of 1.2 million acres of land in the 1860s and the proceeds have been invested in a range of programmes to support the enduring prosperity of our people.
History of Ruakura
NZ Government announces $40m of ‘shovel ready funding’ for construction of enabling infrastructure including transportation, water and environmental management.
NZ Government announces $16.8m funding for construction of Ruakura link roads, matched with a further $16.8m funding from TGH, and $5m from HCC (June)
TGH and Port of Tauranga Ltd (PoT) announce a 50/50 JV to develop Ruakura Inland Port, taking an initial 50 year ground lease to establish the inland port (February)
TGH and PoT announce a rail services agreement to service Ruakura Port with the 80+ trains per week operated between MetroPort Auckland and Tauranga (August)
TGH secures resource consents to develop and subdivide the first 48 hectares of industrial land adjacent to the Inland Port. (September)
The planning years
Resource consents have been granted by Hamilton City Council (March) and Waikato Regional Council (May) comprising a total area of 85 hectares. This incorporates the Logistics precinct including the first stage of rail for the inland port totalling 48 hectares. The balance is in the Explore precinct and will create public open space, screening, lizard and fish habitat, stormwater reserves and roading.
NZTA started construction of the Hamilton section of the Waikato Expressway.
The independent commissioners’ decisions on the Ruakura Variation were notified in November 2016.
The alteration to designation was confirmed, locking in the full diamond interchange at Ruakura. This will provide the direct connection to the Waikato Expressway (SH1).
Hamilton City Council notified the Ruakura Variation to its Proposed District Plan (PDP) in November 2015 for public consultation and submissions. The Variation will rezone all the 822ha of land in Ruakura.
Ruakura Board of Inquiry – On 24 June 2013, the Tainui Group Holdings Limited and Chedworth Properties Limited submitted an application requesting a change to the operative Hamilton City District Plan in relation to the proposed Ruakura Development. The Minister made her direction by declaring the Ruakura Development Plan Change request as a project of National Significance and referred the request to an independent board of inquiry. Following a full public process, including notification in national newspapers, submissions, hearings a decision to accept the Ruakura Development Plan Change request was released on the 9th September 2014 approving 389ha of land for development.
Hamilton City Proposed District Plan (PDP). The HCC PDP was notified in December 2012. The Ruakura structure plan was included following a collaborative development process between Tainui Group Holdings, Chedworth Properties and HCC.
The Ruakura R1 area transferred from Waikato District into Hamilton City on 1st July 2011. The R1 area is 822 ha and increased the size of Hamilton’s urban land area by 8%.
Waikato Regional Policy Statement. The Proposed Waikato Regional Policy statement (PWRPS) was notified in November 2010. Ruakura was included as a strategic industrial node located in Central FutureProof area showing industrial land allocation and timing. Economists Castalia produced a report for the RPS quantifying the magnitude of opportunity and benefits that Ruakura will bring to the region.
Waikato Regional Council, Hamilton City Council (HCC), Waipa and Waikato District Councils and Tangata Whenua embarked on the development of a sub-regional growth strategy, known as FutureProof. Ruakura was included in the strategic document as a key employment area.
The shaping years
Waikato-Tainui became the first major iwi to settle a historical grievance when The Waikato-Tainui Raupatu Settlement Act 1995 was signed on the 22nd May. This included an apology by Crown, return of lands (only 3% was returned and 3% was gifted to Aotearoa), cash, interest, relativity clause, outstanding claims section 8 (2)(a), making the total package $170m.
1992 – 1975
Return of the sacred Taupiri Mountain, Hopuhopu army base and Te Rapa airforce base land to Waikato-Tainui.
|In the late 1800’s the wetlands and forests were removed around Ruakura to allow for the establishment of intensive farming activities and the Ruakura AgResearch Station was formed in the early 1900’s.|