News and Publications

Property News: 27 August 2018

Nelson Forests sale gets the nod

The purchase of Nelson Forests Ltd by Australian forestry company OneFortyOne Plantations Holdings has been given ministerial approval following an application to the New Zealand Overseas Investment Office.

September 4 is the scheduled completion date for the sale.

Owned by investment funds advised by United States-based timberland investment management organisation Global Forest Partners LP, Nelson Forests has more than 60,000 productive hectares of plantations in the Nelson-Marlborough region as well as the Kaituna Sawmill, near Blenheim.

It employs 101 people fulltime and about 350 contractors, producing 1.2 million cubic metres of logs and 55,000cu m of timber annually. The new owners say its staff will be retained.

OneFortyOne (OFO) confirmed in December that it had signed an agreement to acquire Nelson Forests.

(The Nelson Mail, Wednesday 22 August 2018)

Modellers Pond cleanup cost doubles

The latest Modellers Pond cleanup project has a $135,000 price tag: twice as much as it was granted, with an unclear explanation as to why the cost has blown out.

A high-tech algae control trial using nanotechnology is due to begin at the Tahunanui site, to try to permanently rid it of the algae that has plagued it for years.

Councillor and chair of Nelson City Council’s works and infrastructure committee, Stuart Walker, said in a meeting last Thursday councillors could ‘‘absolutely’’ be confident that the trial would be a success.

The cleanup of the pond has been on the books for years, and the trial could signal the end of a nearly 20-year ordeal.

(The Nelson Mail, Wednesday 22 August 2018)

Water limit plan 'shambles'

Some big hitters of industry in the Nelson-Tasman region have taken a swipe at the Tasman District Council’s proposed new water restrictions protocol.

‘‘This appears to be a very punitive and economically irrational approach, which will be detrimental to the prosperity of the whole community,’’ Nelson Pine Industries (NPI) technical manager Philip Wilson on Wednesday told a council hearing for the draft Public Water Supply Bylaw 2018, which contains the protocol.

Without an augmentation measure such as the proposed Waimea dam, water restrictions are tipped to occur nine out of 10 years. The water restrictions protocol outlines how those cuts might be rolled out for rural and urban users in the Richmond, Hope, Mapua, Brightwater and Redwood Valley areas, including businesses and industry.

In dry summers, businesses, industry and top commercial users may face cuts of 25 to 50 per cent before hitting a ‘‘cease take’’ situation in a severe drought.

(The Nelson Mail, Friday 24 August 2018)

A new age of uncertainty

The Salvation Army is one social provider that expects more elderly people to be living in their vehicles or on the street as the population ages and those without their own homes struggle to pay rents.

Salvation Army social housing national director Greg Foster says there is a ‘‘huge need’’ for housing as people age.

‘‘We’re expecting a huge increase in homelessness among the 65-plus in the next 10 years. There’s going to be well over one million people over 65 by 2030.’’

Nelson City Council group manager strategy and communications, Nicky McDonald, said housing affordability issues affected a broad range of people. She acknowledged that older adults without stable housing could be particularly vulnerable.

She said the council would like to expand its social housing, but the issue needed to be addressed nationally at a central government level.

The council’s community housing was old and required increasing amounts of maintenance, she said.

McDonald also commented that in her experience as a union organiser, she found that employers often stopped valuing older people and the contribution they made.

Minister for Social Development Carmel Sepuloni said the experience and knowledge older workers brought to companies was ‘‘key’’ for many employers. ‘‘Still, some people in their 50s and older tell us that they face barriers when trying to remain in the workforce.’’

She said New Zealand, like many other countries, had an ageing population, a low birth rate and a skill shortage. ‘‘So not only will older people be an integral part of our future workplaces, but increasingly the country will depend on the contribution they make as taxpayers, carers, consumers, volunteers and employees.’’

‘‘We’re expecting a huge increase in homelessness among the 65-plus in the next 10 years.’’ Salvation Army social housing national director Greg Foster

(The Nelson Mail, Saturday 25 August 2018)

Farmers market gets green light for new site in city

Nelson’s weekly farmers market has found a new home in Kirby Lane, following a review by Nelson City Council (NCC).

Last Saturday, a Stuff story outlined entrepreneur Galen King’s efforts to fill the empty space beside The Kitchen on Bridge St, in central Nelson. Originally, King wanted to build a container development. However, his efforts were thwarted by NCC safety requirements.

A scaled-back idea to host the Nelson Farmers Market also ran into roadblocks, with the council telling King he required resource consent for the event, and that he might need to construct a new building to adhere to street continuity.

Nelson Farmers Market manager Miriam Clark said she was happy that the Wednesday lunchtime market had found a new home. For the last year, the market has operated on the banks of the Maitai River. However, the location left stalls exposed to the elements, and being outside the city centre meant a loss of city worker customers, who found it too far to walk in their lunch hour.

Kirby Lane is a smaller space, but Clark said the stallholders would adapt. ‘‘It’s an important Nelson entity; it creates a lot of jobs and opportunities for small businesses.’’

She did not know when the move would happen, as she was still negotiating the terms of the new location, she said.

(The Nelson Mail, Saturday 25 August 2018)

State housing boost for Nelson, Tasman 'not enough'

Nelson will take a share of 80 of the 200 state homes that the Government has pledged for the Nelson, Marlborough and West Coast regions.

Yesterday the Government announced that up to 6400 more public housing places will be available for New Zealanders who qualify for state housing by 2022.

Nelson Tasman Housing Trust director Carrie Mozena said she welcomed the announcement, but it wasn’t enough.

In Nelson city, there are currently 572 public housing tenancies, with 139 applications on the social housing register. In Tasman district, there are 153 tenancies and 65 applications.

(The Nelson Mail, Saturday 25 August 2018)

Dam decision day looms next week

Tuesday looks set to be decision day for the divisive Waimea dam project, earmarked for the Lee Valley.

Tasman district councillors are scheduled to discuss a lengthy staff report on the $102 million project before they vote on whether to instruct staff to push on with it.

Any decision to continue with the dam will likely include agreement to increase the council’s contribution to the joint-venture project by about $11.8m, taking its share of expected capital costs to $38.6m.

The council and dam proponent Waimea Irrigators Ltd (WIL) are potential partners in the project, for which TDC earmarked $26.8m of capital funding in its Long Term Plan 2018-28.

However, it was revealed in July that updated prices had added about $26m to an estimated $75.9m in capital costs required to complete the project.

In the report for the meeting on Tuesday, staff say $3m to $3.5m in savings could be made ‘‘in some aspects of the design’’. ‘‘This reduces the funding gap to $23m.’’

Staff recommend that council proceed with the dam to ‘‘financial close’’ and fund its share of the increased project costs, which is about $11.8m, or 51 per cent of the $23m.

(The Nelson Mail, Saturday 25 August 2018)

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