Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Westpac plans $million investment in Tauranga

Westpac plans $million investment in Tauranga


Westpac New Zealand is investing at least $1million into a new development to create a super branch on Cameron Road and establish a Help Station in the CBD within the next 18 months.

Westpac will be the anchor tenant at the 575 Cameron Road site which is due for completion in June 2015. The new building will be called the Westpac Centre and will be home to Westpac’s retail and business banking teams.

In addition to this, Westpac will be opening a new Help Station in the CBD next year, bringing 24/7 capabilityand other benefits to the retail heart of the city.

Westpac Regional Business Manager, Steve Atkinson, says the planned investment reflects Westpac’s recognition of the evolving shape of Tauranga’s business district.

“Cameron Road has become a significant hub for our business customers so it made sense to look for a development site in that area. We expect it will be a stunning space for both our staff and customers with ample parking for 24/7 banking,” Mr Atkinson said.

The new Help Station will be on Devonport Road and, like the Cameron Road site, will provide a new 24/7 experience for customers.

“Customers expect to be able to do their banking when it suits them. Having both a 24/7 service in the CBD and on Cameron Road will meet those needs,” he said.

Yuh Shan Holdings a Tauranga-owned property investment company collaborated with Veros Property Partners, Westpac and FDA architecture to design the proposed new building.

Recognised as one of the best positioned sites in the Cameron Rd 11th Ave precinct, the development has great profile to Cameron Rd and is expected to attract further top quality tenants to locate beside Westpac.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news