Tony Sewell Awarded NZ Property Institute Award

MEDIA RELEASE Wednesday 4 August 2004

TONY SEWELL AWARDED NEW ZEALAND PROPERTY INSTITUTE PREMIER AWARD

Tony Sewell, of Ngai Tahu Property Limited has been awarded with The New Zealand Property Institute Industry Award. The award was presented at the recent Property Institute awards dinner held in Queenstown with over 670 in attendance.

The Property Industry Award recognises the individual who in a public or private capacity has demonstrated the qualities of leadership and vision an/or positively impacted on the property sector; economy and/or community.

Tony has been recognised for his achievements in his position as General Manager of Ngai Tahu Property Limited. Tony has been responsible for the establishment and growth of the company as well as playing a significant role in the negotiation of the Ngai Tahu Claim Settlement. The Company now has total assets of $200m and is involved in Property Investment and Development throughout New Zealand. Tony has worked in both Property Development and Consultancy and was the National Operations Manager of Landcorp Property before taking up his current position at Ngai Tahu Property Limited 10 years ago.

Other awards on the night included The New Zealand Property Institute Academic Award that is awarded to an academic who has made a major contribution to the property sector by demonstrating exceptional research or teaching performance in the field of property. This year's recipient was Professor Robert Hargreaves who received the award for his ongoing work as Professor of Finance Banking and Property at Massey University.

The New Zealand Property Institute Journalism Award is awarded to recognise excellence based on the relevance to the advancement of the property industry; and/or research into the property industry; and/or analysis and reporting of the property industry. This year's recipient was Ann-Marie Johnson of The Dominion Post.

The New Zealand Young Professional award is awarded to recognise excellence in the field of property by a young professional. This year the recipient was Campbell Stewart from CB Richard Ellis, Auckland

Property Institute CEO, Conor English said today, "We need some tall poppies. We need to recognise those who have distinguished themselves from their peers and who are providing leadership and inspiration to our sector. These winners do that." Mr English concluded.

ENDS

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