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

 

Marine And Freshwater Reports: EDS Calls For Urgent Action On Marine Management

“There are some big issues to address. These include many marine species and habitats that are in serious trouble. Of the sample investigated, the report finds that 22% of marine mammals, 90% of seabirds and 80% of shorebirds are threatened with or actually at risk of extinction..." More>>

ALSO:

$7.5 Billion Surplus: Government Accounts "Show Strong Economy"

“The surplus and low levels of debt show the economy is in good shape. This allows the Government to spend more on infrastructure and make record investments in health and education,” Grant Robertson says. More>>

ALSO:

New OIO Application Trumps Judicial Review: OceanaGold Cleared To Buy Land For Waihi Tailings Expansion

In a surprise turnaround, the government has given OceanaGold a greenlight to buy land to expand its Waihi mine after the application was previously turned down by Land Information Minister Eugenie Sage. More>>

ALSO:

Christchurch Rebuild: Fletcher Sued For $7.5m Over Justice Precinct

Fletcher Building is being sued for $7.5 million by utilities contractor Electrix, one of the subcontractors on the Christchurch Justice and Emergency Services Precinct. More>>

Three New Drugs: PHARMAC Signs Bundle Deal For More Cancer Medicines

420 New Zealanders with lung cancer, breast cancer, multiple sclerosis and respiratory disease will benefit each year from a bundle deal PHARMAC has finalised with a medicine supplier. More>>

ALSO: