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

 

PGG Wrightson Seeds building added to Ngāi Tahu Property

Pākākano New PGG Wrightson Seeds building added to Ngāi Tahu Property portfolio

Friday, 21 June 2019

Pākākano, the new PGG Wrightson Seeds headquarters at Lincoln, is a welcome addition to the Ngāi Tahu Property investment portfolio, chief executive David Kennedy says.

Pākākano is part of Ngāi Tahu Property’s ongoing diversification of its portfolio across the Ngāi Tahu takiwā.

“We already have a number of high-quality commercial investments in Ōtautahi-Christchurch including Te Hononga – the civic building owned in partnership with Christchurch City Council - and the Pita Te Hori Centre in the central city,” Kennedy says.

“This newest addition to our investment suite adds to the diversity of the portfolio and expands our footprint in the growing Selwyn District.”

The name Pākākano was gifted by Te Taumutu Rūnanga on behalf of the Ngāi Tahu sub-tribe Ngāi Te Ruahikihiki ki Taumutu.

It references growth, development, discovery and sustainability. It pays homage to Ngā Pākihi Whakatekateka o Waitaha, the seedbeds of Waitaha, otherwise known as the Canterbury Plains. It also recognises the symbolic connection to the ancestor Rākaihautū who landed the waka pākākano Uruao at Whakatū-Nelson, bringing the first seeds of people to this island.

“Te Taumutu Rūnanga is pleased to gift this name,” Te Taumutu Rūnanga Chairperson Julie Robilliard says. “The name Pākākano supports the aspirations of the rūnanga to ensure the return of important cultural identity markers onto our landscape and emphasises our commitment to striving to improve the wellbeing of our whenua and people.”



A group of Te Taumutu representatives joined Ngāi Tahu Property staff at a whakatau whare ceremony on Wednesday morning which prepared the building to welcome the kaimahi who will work in it.

As well as being the first office building in the agri-business hub alongside Lincoln University, PGG Wrightson Seeds is an established global brand which plans to lease the purpose-built facility over a long-term.

PGG Wrightson Seeds chief executive John McKenzie says Lincoln is the logical location for the firm.

“It is in close proximity to other agribusiness stakeholders and many of our research and development partners.”


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Emission Statement: No New Coal Boilers For Fonterra

Fonterra is shaving eleven years off its coal target, as it announces a new commitment to reduce its reliance on coal. More>>

ALSO:

Long Time Coming: Soil Turned On Waimea Dam

After almost 20 years of planning and a 'gruelling' process to keep the project on track, the Waimea Community Dam, one of the Tasman District's largest-ever projects, is now under way. More>>

Where's My Drone Pizza: Govt's Drone Plan 'Will Help Economy Take Off'

The paper Taking Flight: an aviation system for the automated age sets out the Government’s vision for how drones can be better integrated into the current transport system to develop a thriving, innovative and safe sector. More>>

ALSO:

Up 17.% In June Year: Fuel And Rent Drive Inflation

The consumers price index (CPI) rose 0.6 percent in the June 2019 quarter, due to higher prices for petrol and rent, Stats NZ said today. More>>

ALSO: