Our Land & Assets

Find out about our investment activities in Te Tau Ihu o te Waka a Maui, the top of the South Island.

Our Land & Properties | Our Assets | Our Business Activities | Map

Our Land & Properties

Ngāti Rārua owns a variety of land parcels in Te Tau Ihu o te Waka a Maui, the top of the South Island.

Nelson, Marlborough and Motueka

We paid $2.1m to the Crown for a variety of land we hold in Marlborough, Nelson and Motueka. They are occupied by Tuamarina School, Blenheim Police, Nelson Intermediate School, Rudolph Steiner School and others. These provide a rental return that exceeds what we would achieve if the money sat in the bank.

We hold Crown Forest Licenced Land in Pearse Valley, Motueka and have joint interests with Ngāti Tama and Te Ātiawa in Kaiteriteri and Marahau.

Land Purchases

We are looking to complete land purchases of Crown properties within Tākaka as part of our negotiated Treaty Settlement agreement.

Investment Property

The Kinross Street is an investment property that currently houses our head office and as well as a long-term commercial tenant. This provides both rental income and capital appreciation over time.

Our Assets

Ngāti Rārua hold significant amounts of cash as a result of the Treaty Settlement process. Ongoing activity in other commercial sectors is ensuring a more balanced asset portfolio will be achieved in the coming years.

Our Business Activities

We 100% own five companies. Two which control fishing interests in the South Island, one is a dedicated health care provider and the other is a trust which manages commercial redress with the New Zealand Government. We have developed idle lands on Wairau Bar Road into vineyard which had its first harvest in 2019.

Ngāti Rārua Asset Holding Company

Ngāti Rārua Iwi Trust formed the Ngāti Rārua Asset Holding Company as a separate entity, to hold the shares in Aotearoa Fisheries Ltd (trading as Moana NZ) and the bulk of Quota assets.

Island Vines Vineyards

The vineyard operation began with a $3.1m investment and this has generated pleasing financial results. It is a commercial activity that is exposed to the risks of weather, and to market risks due to grape pricing. While these variables remain constant this is a very satisfactory investment proposition. We believe there is additional value since part of the vineyard is leased from a whānau trust who also benefit from this success, and it envelops our local urupā.

Te Tao Tangaroa Ltd

Ngāti Rārua Iwi Trust formed Te Tao Tangaroa Ltd as a separate company to control its various fisheries interests. As well as managing the day to day marine farming and quota (wetfish and shellfish) interests, it also represents Ngāti Rārua with:

• Fisheries allocation processes
• Developing and implementing the aquaculture settlement
• Working with other iwi and crown parties on cultural and traditional fisheries roles
• Identification of any fisheries opportunities and acquisition/implementation of such where appropriate
• Administers the quota tender process and oversees the three aquaculture Joint Ventures (JV).

Map

What info is in the map?

This map contains:

• Our Marae, 
• Our forestry interests,
• Our marine interests, including mussel farms
• Some sites of significance
• Hekenga information

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