THE BEST PLACE IN THE WORLD

TO INVEST?

THERE’S NO QUESTION.

INTRODUCING AUCKLAND’S WATERFRONT.An investment opportunity without parallel.

The world is changing. The global economic centre of gravity is shifting towards Asia-Pacifi c, where resources, talent and opportunity are coming together as never before.

Investing in the region makes sound fi nancial sense, but doing so can have its challenges and investor protection varies widely.

So where is the best place to invest right now? Without question, it has to be New Zealand. Specifi cally, Auckland’s waterfront.

That might seem like a bold claim. But the facts are clear.

Time and again, major international agencies give New Zealand

the highest ratings for business fundamentals:

NEW ZEALAND. THE WORLD’S BEST PLACE TO DO BUSINESS.

1WORLD NO.

FORBES 2012

BEST COUNTRIESFOR BUSINESS/ 1

WORLD NO.

WORLD BANK DOING BUSINESS REPORT 2012

PROTECTING INVESTORS/ 1

WORLD NO.

ST EQUAL

TRANSPARENCY INTERNATIONAL CORRUPTION PERCEPTIONS INDEX 2012

LACK OF CORRUPTION/ 1

WORLD NO.

ST EQUAL

IMD WORLD COMPETITIVENESS YEARBOOK 2012

ABSENCE OF PROTECTIONISM/1 3

WORLD NO. WORLD NO.

WORLD BANK GROUP SURVEY 2012 WORLD BANK GROUP SURVEY 2012

EASE OF STARTING A BUSINESS/

EASE OF DOING BUSINESS/

STRONG ECONOMIC FUNDAMENTALS.New Zealand has strong economic fundamentals. It has weathered the global fi nancial crisis well, with consistent growth in the economy, a very strong currency and net positive migration and population growth (which is set to continue).

By any yardstick, New Zealand offers a transparent,

stable, orderly business environment and a positive

economic outlook. Committed, long-term investors

value what New Zealand has to offer.

Other highlights include:

· Transparent real estate sector; title guaranteed

· Favourable long-term economic indicators and

solid long-term returns with low volatility

· High-quality, good-value assets and a market

that is near the bottom of the property cycle

· A benign tax structure and limited property-

associated taxes – no capital gains tax for

investors, no land tax and no stamp or

conveyance duty

· Strong political support for local governments

to partner with private sector investors to

deliver major projects.

AUCKLAND. NEW ZEALAND’S WORLD CITY.

Over 60% of the top 200 companies in New Zealand operate in Auckland and demand for prime offi ce space is increasing.

Auckland is New Zealand’s largest city by far.

Around a third of the country’s population live

in Auckland, and projected growth will take the

city to a population of 2.5 million by 2040.

Diverse, cosmopolitan and international in its

outlook, this thriving and constantly growing

centre is highly connected to the world. Auckland

International Airport is served by 20 international

carriers fl ying nearly 8 million passengers in

and out of the country each year. Cruise ship

arrivals are booming and Auckland’s economy

continues to forge ahead, accounting for 36%

of New Zealand’s GDP. It also attracts the bulk

of New Zealand’s foreign direct investment,

with 90 investment projects amounting to

NZ$5 billion between 2003 and 2009.

Over 60% of the top 200 companies in New

Zealand operate in Auckland and demand

for prime offi ce space is increasing. Demand

in the residential sector is also outstripping

supply, with an estimated 380,000 new homes

required across Auckland by 2041. Even hotel

room supply cannot keep up with the growth

in visitor numbers.

Coping with Auckland’s success in attracting

businesses, visitors and residents demands

strategic planning and investment. Auckland’s

Mayor has championed the Auckland Council’s

fi rst 10-year budget to focus local public spending

into transformational projects, as part of the aim

to make Auckland the world’s most livable city.

THE WATERFRONT. A UNIQUE INVESTMENT OPPORTUNITY.

For so many reasons, Auckland’s waterfront

represents the premier investment opportunity

in the region.

It is by far the most important redevelopment

site in Auckland with a signifi cance to the city

that means it will shape Auckland’s future.

The redevelopment is projected to extend over

30 years, directly supporting 20,000 new full-

time jobs in Auckland and contributing towards

an additional 20,000 jobs across the region.

The plan is for Auckland’s waterfront to become

a key economic driver for the city’s future.

With an additional $285m to be invested in

public space and infrastructure, and aiming to

attract around a billion dollars’ worth of private

investment the waterfront is going to feature

an exciting mix of residential, commercial

and mixed use development. By 2040 the

waterfront redevelopment is forecast to

contribute $4.29 billion to Auckland’s economy.

In a crowded global property market,

Auckland’s waterfront represents a unique

opportunity to investors.

THE VISION:“A world-class destination that excites the senses and celebrates our sea-loving Pacifi c culture and maritime history. It supports commercially successful and innovative businesses, is a place for all people, rich in character and activities that link people to the city and the sea.” – Waterfront Plan 2012

A STRATEGIC APPROACH TO DEVELOPMENT.

Guided by the Council’s Auckland Plan,

Waterfront Auckland developed the Waterfront

Plan (published in 2012), setting out the vision

and goals for the waterfront. The plan includes a

range of short, medium and long-term initiatives

by Waterfront Auckland and strategic partners,

to achieve the following outcomes:

• Great design that takes in the whole lifecycle

of people, the place and the built environment.

Design that makes it easy for people to interact

with and enjoy the area

• Sustainability in everything we do, to build a

resilient community

• Creation of a livable place that is easy to get

to, get around in and provides for people at all

stages of life

• Developing a strong community of residents,

workers and visitors

• Diversity, with spaces and activities for all; a

place where there is always something going

on that’s accessible to everyone

• The support of all Aucklanders, building a

strong heart of the city around the waterfront

• Providing platforms for economic growth

through innovation.

The revitalisation is also an opportunity for

Auckland to be an international leader in

sustainable, high-quality built environments.

We intend to use global best practice to reduce

greenhouse gas emissions, build sustainably,

respond to climate change, future-proof the city’s

investment and create a strong community.

Great design that takes in the whole lifecycle of people, the place and the built environment. Design that makes it easy for people to interact with and enjoy the area.

AWARDS:WYNYARD QUARTER – SEP, 2012Excellence on the WaterfrontThe Waterfront Centre (USA)

Key Consultant: Taylor Cullity Lethlean and

Wraight + Associates

WYNYARD QUARTER – OCT, 2012

FINALISTWorld Architecture Festival

Key Consultant: Taylor Cullity Lethlean and

Wraight + Associates

WYNYARD QUARTER – AUG, 2012Winner – Steel New Zealand Sustainability AwardNew Zealand Institute of Builders

Key Consultant: Rob Bassett

– Bassett Plumbing & Richard Joseph

– Dominion Constructors

NEW ZEALAND INSTITUTE OF

BUILDERS – AUG, 2012Highly Commended

– Holcim Projects $25-$50 Million Award

New Zealand Institute of Builders

Key Consultant: Richard Joseph -

Dominion Constructors

JELLICOE STREET, NORTH WHARF

AND SILO PARK – AUG, 2012Winner – LandscapeResene Total Colours Award 2012

Key Consultant: Taylor Cullity Lethlean and

Wraight + Associates

TE WERO ISLAND AND EASTERN

VIADUCT – OCT, 2012NZ Best Spatial Design – Exhibition and Temporary

Best Awards - DINZ, Silver Award

Key Consultant: Boffa Miskell

WYNYARD QUARTER PLAYSPACE

– OCT, 2012NZ Best Spatial Design – Exhibition and TemporaryBest Awards – DINZ, Silver Award

Key Consultant: Isthmus

SILO PARK MARKET STRUCTURES

– OCT, 2012NZ Best Spatial Design – Exhibition and TemporaryBest Awards - DINZ, Gold Award

Key Consultant: Koko Creative /

Fresh Concept

WYNYARD QUARTER STAGE ONE –

JUNE, 2012Excellent Best in Category - Natural Habitats Landscapes Urban Land Developments Property AwardProperty Council New Zealand Rider Levett

Bucknall Property Industry Awards 2012

NORTH WHARF BUILDINGS – JUNE, 2012Finalist – RCG, Retail Property AwardProperty Council New Zealand Rider Levett

Bucknall Property Industry Awards 2012

Key Consultant: Fearon Hay

WYNYARD QUARTER URBAN DESIGN

FRAMEWORK – MAY, 2012Planning and Urban Design AwardNew Zealand Insitute of Architecture Awards

Key Consultant: Architectus

WYNYARD QUARTER URBAN DESIGN

FRAMEWORK – OCT, 2011Planning and Urban Design AwardAuckland Institue of Architecture Awards –

Local Architecture Awards

Key Consultant: Architectus

WESTHAVEN Z PIER WC BLOCK

– OCT, 2011Small Project ArchitectureNew Zealand Insitute of Architecture Awards

– Local Architecture Awards

Key Consultant: Strachan Group Architects

WATERFRONT AUCKLAND. ABOUT US:

Waterfront Auckland leads delivery of the

revitalisation of the city’s waterfront. We aim to

be a leading contributor to Auckland’s urban

and economic development.

How will we do this? With bold, contemporary

ideas and a design-led approach, balancing

environmental and community outcomes with

economic growth.

The success of what we have achieved to

date shows that our approach is working.

The critical acclaim and awards we have won

set a high benchmark for Auckland and for the

redevelopment of the rest of the waterfront.

Waterfront Auckland is now putting in

place the relationships and funding that will

ensure that the right kind of investment and

development partners come on board.

WYNYARD WYNYARD CROSSING BRIDGE

VIADUCT HARBOUR

North WharfNorth WharfNorth Whar

Karanga Plaza

Viaduct EventsViaduct EventsViaduct EventsCentre

Princes Wharf

HobsonHobsonWharf

Tidalsteps

SiloSilo

6-Pack6-Pack

QueensWharf

QueensWharfKiosk

Silo ParSilo Parkk

TE WERO ISLANDTE WERO ISLAND

W Y N Y A R D Q U A R T EW Y N Y A R D Q U A R T EW Y N Y A R D Q U A R T EW Y N Y A R D Q U A R T E R

C BC B D

W E S T H A V E N M A R I N A QUAY ST

FANSHAWE ST

CUSTOMS STCUSTOMS ST

JELLICOE STJELLICOE ST

MADDEN ST

PAKENHAM ST WEST

GAUNT ST

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Maritime Maritime Maritime MuseumMuseumMuseum

KarangaKiosk

COUNCIL INVESTMENT IN THE WATERFRONT: $285M BY LOCATION.

WESTHAVEN MARINA

$53 million

Land owned by Waterfront Auckland

WYNYARD QUARTER MARINE PRECINCT

$54 Million

WYNYARD QUARTER HEADLAND PRECINCT

$51 Million

WYNYARD QUARTER CENTRAL PRECINCT

$105 million

TRAM EXTENSIONS AND OTHER WA INVESTMENT

$10 million

QUEENS WHARF CRUISE SHIP TERMINAL

$12 million

200m

The revitalisation of Daldy and

Halsey streets – two key streets

within the Wynyard Quarter

framing Wynyard Central.

Upgrading Westhaven Marina,

the southern hemisphere’s largest,

to ensure this treasure remains a

world-class marina and a welcoming

place for all Aucklanders to explore

and spend time in.

The transformation of Shed 10 on

Queens Wharf into the region’s

primary cruise ship terminal and a

public event space.

Construction of a waterfront

promenade and cycleway

connecting the waterfront around

Westhaven Marina and the area

near the Harbour Bridge to

Wynyard Quarter and beyond.

Ongoing expansion of the

superyacht refi t facility at Wynyard

Quarter to support growth in the

local superyacht industry.

Marketing the Wynyard Quarter

Innovation Precinct to innovative

ICT and digital media companies.

As a council controlled organisation, Waterfront Auckland has the benefi t of a foot in both the public and

commercial sectors. As well as partnering in private development, Waterfront Auckland continues with a

signifi cant programme of public infrastructure construction. Each project will contribute to the value of

Auckland’s waterfront as an investment opportunity. The projects include:

PUBLIC INFRASTRUCTURE.

ESTABLISHING A PARTNERSHIP.

It should be clear that Waterfront Auckland is

committed to a balance of fi nancial, economic,

social, cultural and environmental goals.

We are looking to partner with like-minded

developers and investors that want to share in

realising the potential of this part of Auckland.

Partners who will look to go beyond any

minimum performance standards and use this

as an opportunity to showcase and innovate.

To achieve this, Waterfront Auckland is

considering options that include multiple party

contracts and arrangements beyond a standard

Development Agreement such as joint ventures

or partnerships.

Development includes mixed-use, commercial and residential.

THE SITES AND OPPORTUNITIES.Situated by the sparkling waters of the Waitemata Harbour, the

investment opportunity sits in the heart of Wynyard Quarter and forms

the second stage of the area’s revitalisation. Known as Wynyard Central,

the area is bounded by Jellicoe, Madden, Halsey and Daldy streets.

This part of Auckland has considerable maritime heritage, with Halsey

Street running by the water’s edge. Leveraging $156m of public

investment to date, with a further $285m committed to 2022, Wynyard

Central encompasses opportunities in the creation of an innovation hub,

a mixed-use residential complex and a hotel development. In total,

the opportunities represent well over $1 billion of investment and is

New Zealand’s largest urban regeneration outside of Christchurch.

Community infrastructure (childcare facilities,

playgrounds and open spaces, corner shops

and other small-scale retail activities) will

form part of the development and a range of

building types will allow for a mix of tenants.

To attract the widest range of people to live,

visit and do business in the area we will ensure

accessibility for all and create a calendar of

events and activities that will attract them.

A broad range of transport choices will also

be part of the livability of the area.

People will enjoy a beautiful, walkable, safe

environment, with plentiful green spaces,

magnifi cent sea views and all the things they

need at their fi nger tips. There will be a mix

of shops, cafés and restaurants, medical and

personal services, space to relax and places to

watch events and activities.

One of the key reasons the revitalisation to-date

has been so popular and successful is the

conscious retention of the gritty hustle and

bustle of the marine and fi shing sectors. They

provide an authentic link to the area’s past and

ensure the waterfront is seen as somewhere

with real vibrancy and interest.

DIVERSITY IS A PRIORITY.

3D artist impression.

THE SITES AND OPPORTUNITIES/

INNOVATION PRECINCTStrategic development sponsored by Auckland Council, the Ministry of

Science and Innovation, Waterfront Auckland and Auckland Tourism,

Events and Economic Development.

Aims to locate a mix of fi rms from the ICT, digital media, R&D and

business incubation sectors in prime offi ce space.

Population: 3,000 workers

Site area: 14,000m2 – 16,000m2

Proposed GFA: up to 48,000m2

Project timing: 2013 – 2018

End value: $190m – $230m W Y N Y A R D Q U A R T E R

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All images are 3D artist impressions.

THE SITES AND OPPORTUNITIES/

RESIDENTIAL DEVELOPMENTMixed-use developments clustered on the edge of the offi ce/innovation

precinct, with central private courtyards.

Dwellings will capitalise on views and prime location, complemented by

ground fl oor retailing.

International example. International example.

Population: 1,100 – 1,500 (600 – 1000 dwellings)

Site area: 20,000m2 – 22,000m2

Proposed GFA: 65,000m2 – 100,000m2

Project timing: 2014 – 2030

End value: $470m – $700m W Y N Y A R D Q U A R T E R

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3D artist impression.

THE SITES AND OPPORTUNITIES/

5-STAR HOTELHigh-end hotel planned on a large site at the western edge of the

Viaduct Harbour. Offers prime waterfront location close to Auckland

CBD, entertainment hubs and Wynyard Central developments.

Number of rooms: 200 – 240

Site area: 5,500m2

Proposed GFA: 17,000m2

Project timing: 2014 – 2018

End value: $70m – $90m JELLICOE ST

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W Y N Y A R D Q U A R T E R

All images are 3D artist impressions.

Waterfront Auckland

(Auckland Waterfront Development Agency Limited)

Physical address:

Ground floor, Pier 21 Building, 11 Westhaven Drive,

Freemans Bay, Auckland, New Zealand

Email: info@waterfrontauckland.co.nz

Phone: +64 9 336 8820

Fax: +64 9 379 4116

waterfrontauckland.co.nz