NZSF/NTPL/NGC– Hobsonville Point Housing Development – Auckland - Project Profile

NZSF/NTPL/NGC– Hobsonville Point Housing Development – Auckland - Project Profile

Synopsis

"NZSF/NTPL/NGC– Hobsonville Point Housing Development – Auckland - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "NZSF/NTPL/NGC– Hobsonville Point Housing Development – Auckland - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

New Zealand Superannuation Fund (NZSF), Ngai Tahu Property Ltd (NTPL) and New Ground Capital (NGC) are planning to build a residential community in Auckland, New Zealand.

The project involves the construction of a residential community comprising 417 homes on 4ha of land. It includes the construction of retail units, and parking and related facilities. The project is delivered in four stages.

NTPL acts as development manager, overseeing the construction of the houses. NGC runs the rental component of the investment.

NZSF, NTPL and NGC are in the process of acquiring the former NZ Defence Force land from the Hobsonville Land Company, a subsidiary of Housing New Zealand.

In May 2017, NTPL entered into a development agreement with HLC Ltd (formerly the Hobsonville Land Co Ltd) and doubled the size of the development to 417 homes.

Isthmus Group has been appointed as the master planner.

Planning activities are underway.

Scope

The project involves the construction of a residential community comprising 417 homes on 4ha of land in Auckland, New Zealand.

The US$77 million project includes the following:

1. Construction of retail units

2. Construction of parking facilities

3. Construction of related facilities

Reasons To Buy

• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.