Whakaue trust transforms Rotorua RSA
|01 Sep 2017 14:42 PM|
|From left, Pukeroa Oruawhata Chairman, Malcolm Short, with Tina Ngatai and Monty Morrison, who are Pukeroa Oruawhata Trustees and Pukeroa Oruawhata Group Directors, infront of Haupapa House. Supplied|
Ngati Whakaue’s Pukeroa Oruawhata Holdings has completed its $2.7 million redevelopment of the former Rotorua RSA.
Chair Malcolm Short says it was a case of making a silk purse out of a sow’s ear, and the renamed Haupapa House is A-grade office space with a ground floor cafÃ©.
The company is also working on other developments in the city, including a new spa complex on the lakefront and the redevelopment of the Lakehouse Hotel overlooking Ohinemutu.
Profits from the company go for tribal purposes
"The Pukeroa Oruawhata trust goes through the social areas of the distributions and grants and we also run the health grants for Ngati Whakaue, health and medical, glasses and hearing aids and so on that we need to fund and we work seriously on that," Mr Short says.
Pukeroa Oruawhata Trust owns more than 40ha of land within the Rotorua CBD and has an asset base worth more than $225 million.
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