FINALISTS AT THE PROPERTY COUNCIL AWARDS AUCKLAND

Congratulations to The Property Group Limited (TPG) and the New Zealand Transport Agency (The Transport Agency) who are finalists in the Property Council NZ: Auckland Property People Awards 2016.

The organisations were jointly nominated in the category of “Best Project Team Award” for combined efforts to secure the required land for the construction of the Waterview Connection.

The Waterview Connection – one of several projects making up the Western Ring Route - is NZ’s largest, most expensive and complex roading project. Half of the new motorway is underground, with the construction of twin 2.4 km tunnels up to 40 metres below ground. This was a first for NZ, as well as the Transport Agency and TPG. Never has there been a requirement to acquire subterranean interests from over 100 individual landowners for a roading project. Once completed these tunnels will be the longest road transport tunnels in NZ.

TPG complemented the Transport Agency by providing a team with over 100 years’ combined experience in the Public Works Act acquisitions and negotiations. The team was fully supported by a network of legal and technical administrators to deliver the most cost effective and efficient solution on this project.

TPG was responsible for acquiring approximately 80% of the property interests for the Waterview Connection Project.

The success of this project hinged on the team’s combined experience, their ability to think objectively and find the balance between land owner rights and delivery of an outcome that will serve the Auckland community positively for decades to come.

We wish the Team all the best at the up-coming Auckland Property People Awards.