Port of call
Total Property - Issue 5 2018
Deloitte’s Industry insight: New Zealand Ports and Freight Yearbook 2018 said all New Zealand ports increased container throughput in 2017.
Ports of Auckland has container and multipurpose cargo terminals near the CBD, and freight hubs at Wiri, Mt Maunganui and Longburn in Manawatu.
Port of Tauranga is an international freight gateway operating wharves in Tauranga, Mount Maunganui and Timaru, as well as MetroPort Auckland, the country’s first inland port in Onehunga, South Auckland and MetroPort Christchurch, an intermodal freight hub in Rolleston.
Lyttelton Port of Christchurch (LPC) opened its MidlandPort in the IPort Business Park at Rolleston in October 2016, offering direct rail access for container freight to Lyttelton Port’s waterside operation.
In the Waikato, Tainui Group Holdings (TGH) is embarking on an ambitious 480 hectares-plus inland port and logistics hub development at Ruakura.
Ruakura general manager, Blair Morris, says it will assist to transform the North Island supply chain by providing a more cost-effective option for importers and exporters.
“Ruakura has lower land costs and lower labour costs, and without Auckland’s high traffic congestion, it will enable businesses to be more efficient with their import/export supply chain.”
Morris says the project is now moving along much faster than anticipated with full build out in less than 30 years versus its initial estimate of 50 years, and enquiry chiefly coming from major warehousing and distribution businesses looking to relocate outside of Auckland.
Napier Port’s business development manager, Andrew Palairet, says the thriving primary sector is underpinning growing demand and expansion at the port and they put significant resource into being across macro trends that affect export volumes.
In order to remain relevant and resilient in a changing export market, Palairet says Napier Port is seeking resource consent for an additional container vessel berth, has acquired a large block of land in the industrial area of Whakatu as a possible future freight hub and secured land in Napier’s Pandora industrial precinct to enable expansion of its existing empty container handling depot.
Palairet says there’s a trend for logistics businesses to relocate and place some, or all, of their operation in Hawke’s Bay which opens up opportunity for the industrial property sector.
“Hawke’s Bay has affordable land available, housing and cost of living is significantly lower here, and the region has little or no congestion – it’s easy to do business in the Bay.” www.napierport.co.nz
Carter Group is developing Rolleston’s IPort Business Park on 95 hectares of industrial land, 30 hectares of which has an open boundary to LPC’s MidlandPort.
IPort Business Park director, Tim Carter, says the development offers huge scope for forward-thinking owners.
“National and multi-national logistics firms, particularly, are eyeing up the significant aggregated freight potential that these sites adjacent to MidlandPort have,” says Carter.
Around 18 hectares of the land at IPort has been set aside for large format retail, with the balance being carved up into sites ranging from 800m2 to 3 hectares.
“Rolleston is on main roading connections and benefits from the main north-south rail line and the West Coast connection.
“Further, it is growing around 15 percent per annum, and the planned new southern arterial motorway will halve the travel time from Rolleston to the Christchurch CBD to just 15 minutes.”
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