Post by Kiwi Frontline on Jun 27, 2018 17:11:12 GMT 12
NORTH ISLAND MĀORI PURCHASE HUGE 98-HECTARE KIWIFRUIT PORTFOLIO
Three iwi-based companies have bought one of New Zealand's largest privately owned kiwifruit orchard portfolios in Te Puke.
North Island iwi-based companies Te Arawa Group Holdings (Rotorua); Rotoma No 1 Incorporation (Rotorua), and Ngāti Awa Group Holdings (Whakatāne) have bought Matai Pacific's vast kiwifruit portfolio.
The orchards will now be operated by a new Māori-owned joint venture called Matai Pacific Iwi Collective.
The large-scale property deal includes three separate mid to large-sized productive blocks at Te Puke: Te Matai Orchard, Pacific Gold Orchard and Coachman Orchard.
Combined, the three blocks cover nearly 100 canopy hectares and were expected to produce up to 1.3 million trays......
www.nzherald.co.nz/the-country/news/article.cfm?c_id=16&objectid=12077992
Three iwi-based companies have bought one of New Zealand's largest privately owned kiwifruit orchard portfolios in Te Puke.
North Island iwi-based companies Te Arawa Group Holdings (Rotorua); Rotoma No 1 Incorporation (Rotorua), and Ngāti Awa Group Holdings (Whakatāne) have bought Matai Pacific's vast kiwifruit portfolio.
The orchards will now be operated by a new Māori-owned joint venture called Matai Pacific Iwi Collective.
The large-scale property deal includes three separate mid to large-sized productive blocks at Te Puke: Te Matai Orchard, Pacific Gold Orchard and Coachman Orchard.
Combined, the three blocks cover nearly 100 canopy hectares and were expected to produce up to 1.3 million trays......
www.nzherald.co.nz/the-country/news/article.cfm?c_id=16&objectid=12077992