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Ngāti Whātua Ōrākei Trust — Assets

Total Assets

$1.5B

FY2025

Net Assets

$1.2B

FY2025

Subsidiaries

10

Asset Classes

Investment Property

Te Tōangaroa precinct (20-hectare waterfront), residential properties in North Shore and Ōrākei, AECOM house, commercial properties in joint venture with Precinct, and other land holdings

$1.3B

Housing Development

Hawaiki papa kāinga and other residential inventory under development

$125.5M

Inventories

Inventories including work in progress developments

$92.4M

Other

Cash, other current and non-current assets

$80.3M

PapakāInga Housing

Papakāinga housing development properties, including Hawaiki Street development with 24 near-complete homes and 100 new homes target

$79.7M

Housing

Papa kāinga housing developments including Hawaiki Street and Oneoneroa

$74.6M

Property Held For Sale

Property held for sale (OneOneroa North Shore development)

$42.5M

Property

Assets held for sale - retirement village operations

$31.6M

Financial Investments

Listed equity investments on NZX

$31.3M

Property Nwo Trust

NWO Trust property holdings

$23.8M

Cash

Cash reserves

$6.6M

Cultural

Ōrākei Marae and associated cultural assets

Cultural Assets

Ōrākei Marae facilities, Takaparawhau

Forestry

ecological restoration and native tree nursery at Pourewa and Takaparawhau

Total disclosed asset value: $1.9B

Commercial Entities & Subsidiaries

Komiti Marae Ōrākei Trust

marae operations and maintenanceTrust

Komiti Ōrākei Marae Trust (KMOT)

marae management and operationsTrust

Moire Road Partnership

residential property developmentJoint Venture49% owned

Ngāti Whātua Ōrākei Trust Ltd

trust operationsCompany

Ngāti Whātua Ōrākei Trustee Limited

trust governanceCompany

Ngāti Whātua Ōrākei Whai Maia Limited

social development, health, education, small business, employment, housingCompany

Ngāti Whātua Ōrākei Whai Rawa Limited

commercial investment, property, residential developmentCompany

Ōrākei Health Services

healthcareCompany

Ōrākei Marae

marae management, cultural hubTrust

Te Puna Reo Ōkahukura

early childhood educationCompany