What We Do

The Hāpai whānau consists of entities focused on the three key property classes of commercial property, housing and development property. The delineation enables investor flexibility and hence disciplined capital allocation across what are three asset classes with different investment characteristics. However, common governance and management across the three entities ensures alignment of vision, values and approach while also further enabling economies of scale.

Hāpai Whānau

 

Commercial

Commercial property can deliver stable real long-term cash-flow to underpin Iwi requirement to deliver distributions.

  • Investment grade commercial property.

  • Scale to allow appropriate diversification of location, tenant and usage.

  • Focused on good location, high quality buildings and strong tenant counterparty with flexibility across the industrial, ground lease, office and bulk retail sectors.

Property Development

Development property can provide strong risk adjusted returns for long-term Iwi investors

  • Focused on acquiring land, master planning and developing to highest and best use.

  • Strong risk management through scale, strong capital structure, careful partnering and diversification.

  • Appetite for mixed tenure residential developments that also deliver housing outcomes for whānau.

Housing

Housing is NZ’s largest asset class; diversified from other property types, delivers resilient cashflow and comparatively liquid.

  • Focused on specialist multi-unit new build to rent properties and retirement villages.

  • Building a NZ wide portfolio where there is either demonstrable long-term demand and / or it is underpinned by Central or Local Govt support.

  • Appetite for affordable solutions that also deliver housing outcomes for whānau.