18 | T T to page 20 ESR & Apollo Projects T T Karen Phelps Delivering for long-term needs “When good infrastructure is part of business’s growth strategy, growth becomes easier, rather than a bottleneck or obstacle for progress. This reality is driving ESR’s long‑term investment decisions.” REGIONAL DEVELOPMENT APAC’s leading real asset manager ESR is steadily building its presence in New Zealand as part of its regional property and asset portfolio with Wiri near Auckland being a major focus, says ESR General Manag‑ er for Development New Zealand Tony Catton. “Kiwi businesses aren’t just looking for space; they’re looking for certainty through locations and facilities that support their oper‑ ations day to day,” says Tony. “Our approach in New Zealand is deliberate‑ ly long term. We’re investing in locations and assets that we know will deliver for business needs over the next decade, not just reacting to short‑term market conditions.” Tony says that industrial and logistics real estate is a rarely acknowledged, but critically important business asset that fuels both eco‑ nomic and job growth for communities. “Whether it’s food, pharmaceuticals, retail distribution or e‑commerce, companies rely on warehouses to move and store both specialist and household products efficiently, reliably and at scale. “When good infrastructure is part of business’s growth strategy, growth becomes easier, rather than a bottleneck or obstacle for progress. This reality is driving ESR’s long‑term investment decisions.” He says New Zealand’s industrial market is shaped by a small number of structural factors impacting the industrial property market and warehousing selection including population growth, constrained industrial land supply in major cities and national supply chains that depend on efficient distribution. “Auckland is where the most pronounced shift is being seen in the demand for prime versus secondary commercial properties with businesses shifting their focus to this impor‑ tant industrial hub,” he says. “Particularly within the Auckland–Hamilton– Tauranga ‘Golden Triangle’ a significant share of the country’s economic output flows via the area’s transport and logistics networks.” Tony says that for ESR this points to longterm opportunity rather than short‑term cycles. “Even when market sentiment is cautious, the underlying demand for well‑located, high‑quality industrial space remains. “Goods still need to move, and businesses are prioritising efficiency in business and operations strategy.” Within South Auckland, Tony says that Wiri has emerged as one of the country’s most important industrial and logistics precincts. “With close proximity to Auckland Airport and connections to the key State Highways 1 and 20 transport arteries, Wiri gives busi‑ nesses access to key freight corridors and the broader national economy as well as provid‑ ing strong access to labour and population centres.” ESR currently holds around 25ha in the Wiri Logistics Estate, which is now fully leased, and is continuing to invest in the area through a staged development pipeline. ● Steel Fabrication: Precise steel components tailored for all sectors ● SCNZ-Certified Quality: Ensuring compliance with NZ and international standards ● On-Site Installation: Safe and timely project execution ● Custom Steel Solutions: Designed for education, commercial, and industrial projects ● Sustainable Construction Practices: Supporting Green Star-rated buildings Our Services: GGE is proud to support Apollo projects as the steel supplier of choice for the Dalgety Logistics Estate.
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