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Glen from Paraparaumu
With so much current community interest on the overall subject, a few days ago in a conversation I was having with Karl on facebook, Karl Webber made a very good point that I don't know who Templeton is.
The other afternoon needing a break, and since I enjoy research (strange, I know), I … View moreWith so much current community interest on the overall subject, a few days ago in a conversation I was having with Karl on facebook, Karl Webber made a very good point that I don't know who Templeton is.
The other afternoon needing a break, and since I enjoy research (strange, I know), I thought I should find out for myself. Anyway, what I learnt was not what I expected, so I thought I would share this in case anybody else is interested out there in our fantastic community.
For anyone that does not want to read everything below, in summary, it is not majority controlled by the Temptleon Group, nor is NZ PROPCO, these are just holding companies.
LinkedIn informs that the majority control appears to fall under a Brett Gamble as he is the CEO of Tailorpsace, the Managing Director of Alvarium Investments NZ and the only shareholder of BHIVE GOLD LIMITED, all of which combined own 50.10% of the airport, the Templeton group it turns out only owns 49.90% of Kapiti airport.
Alvarium Investments NZ is a large fund that is controlled by Alvarium RE Limited (a huge fund) based in London UK, and Tailorspace; as mentioned Brett Gamble is head of both Alvarium Investments NZ and Tailorspace.
Some will be aware that it becomes more complicated for a non NZ company to directly invest in NZ property if their stake goes above 25%, I noticed that Alvarium RE Limited UK is nicely under that at 23%
Finding ownership or any funding information for the Templeton group is much harder, the Templeton group is owned by Templeton holding limited, who in turn is owned by Templeton controller limited.
Templeton controller limited is a trustee company, that is it acts on behalf of others and does not own the assets of the company itself, this type of setup is sometimes used when the real owners/stakeholders of a company don't want to be publically known. I would say that Templeton doesn't seem to want to make it too easy to find out whom Templeton controller limited is fronting/acting for.
What I did find of interest is that Templeton controller limited is the trustee for another company setup around the same time, "WARKWORTH LAND COMPANY LIMITED", that company is 50% owned by AINZ FUND 0 LIMITED, which is 100% owned by Alvarium Investments (NZ) - who of course is 46% owned by Alvarium [RE] Limited in the UK. That association with Templeton controller and Alvarium creates a nice loop between Templeton and Alvarium, although that does not at all mean that either has a stake in the other.
Anyway, I let you make your own mind up if this is of interest to you or not. For me personally, it is just nice to have a better understanding of the key stakeholders and as such who stands to benefit and profit from any development of Kapiti airport.
All the information here is freely and publically available on the companies own websites, companiesoffice.govt.nz, or made public by the companies/persons detailed on LinkedIn.
I have only done a short bit of research here, and there would be a lot more to learn about these relationships out there, but I should get back to what I should be doing...
Reporter Community News
Canada geese using a Kāpiti lake as a toilet have been told to Flock Off.
More than 200 geese have been calling Awatea Lake home, depositing up to 400 kilograms a day of poo into the lake.
A lack of action from the Kāpiti Coast District Council has infuriated some locals, resulting in a petition … View moreCanada geese using a Kāpiti lake as a toilet have been told to Flock Off.
More than 200 geese have been calling Awatea Lake home, depositing up to 400 kilograms a day of poo into the lake.
A lack of action from the Kāpiti Coast District Council has infuriated some locals, resulting in a petition calling on the council to get rid of the birds.
The council recently responded by announcing it was trialing a bird repellent, Flock Off, as a short-term option, as it looks for a permanent solution.
Do you think Flock Off will work?
Reporter Homed
UPDATE: Thank you for all your questions. We're picking the best to send off to the houseplant doctor from Kings Plant Barn and the answers will be published in an article on Homed soon.
Are your houseplants looking worse for wear? The experts at Kings Plant Barn would love to help. Send us … View moreUPDATE: Thank you for all your questions. We're picking the best to send off to the houseplant doctor from Kings Plant Barn and the answers will be published in an article on Homed soon.
Are your houseplants looking worse for wear? The experts at Kings Plant Barn would love to help. Send us your houseplant questions and problems to homed@stuff.co.nz, or leave them in the comments, for the houseplant doctor to diagnose. Pictures are encouraged.
107 replies (Members only)
Andrew Laing from The Lions Club of Kapiti
THE LIONS CLUB OF KAPITI YOUTH SPORTS GRANTS
The Lions Club of Kapiti is offering two $1000 grants, to assist two young sportspersons to further their sporting aspirations and skills.
The Grants are available to applicants between 14 and 20 years of age as at December 2020. “The applicants … View moreTHE LIONS CLUB OF KAPITI YOUTH SPORTS GRANTS
The Lions Club of Kapiti is offering two $1000 grants, to assist two young sportspersons to further their sporting aspirations and skills.
The Grants are available to applicants between 14 and 20 years of age as at December 2020. “The applicants must be residents in the Kapiti District (Paekakariki to Otaki inclusive). However, Horowhenua sportspersons who have represented the Kapiti area are also eligible.
“The main criteria is that applicants are already competing at a national or international level. I advise applicants to consult the entry guidelines on the website early in order the give their referees sufficient time to prepare supporting material.”
Applications must be submitted on the official form and follow the guidelines set out in the website which are accessed from President.kapiti@lionsclubs.org.nz
Closing date for applications is Friday April 30
Enquiries to Joe Franklin on 0276600374 or jalway1036@gmail.com
Sue from Waikanae
On Saturday 20th March at 11.00am Citizens Advice Bureau Kapiti is hosting a lunch and talk by Moira Grey from Porirua Kapiti Community Law Centre about being work ready in New Zealand, your rights, responsibilities, visas, what you can expect in an employment contract -
If you are new to New … View moreOn Saturday 20th March at 11.00am Citizens Advice Bureau Kapiti is hosting a lunch and talk by Moira Grey from Porirua Kapiti Community Law Centre about being work ready in New Zealand, your rights, responsibilities, visas, what you can expect in an employment contract -
If you are new to New Zealand and would like to ask Moira questions about employment and visa issues, you are warmly invited to lunch in the Rimu Room upstairs in Coastlands Shoppingtown at 11.00am -
And if you know somebody who needs this kind of help, please pass the information about this workshop and Q&A to them as well :)
Alan from Raumati Beach
The Colossus Of Kapiti At Gateway To The Island.
Kapiti and Karori cartoonist Andy looks at the Gateway decision...
More -- bit.ly...
Alan from Raumati Beach
Raumati author Mandy Hager says: 'Over the past week, we’ve seen Wellington’s mayor and some councillors vote to undermine the city’s public library, leading a call for the privatisation of half the building and a 40% reduction in book buying budgets." More -- bit.ly...
Graeme from Waikanae
This Buro brand office chair is very comfortable and has three adjustment levers to ensure height ,tilt and back angle can suit all needs. Great for home office needs.
In good condition and need to sell because of down sizing.
$38
Negotiable
A restricted fire season is in place for Wellington, with people requiring a fire permit if they wish to light an outdoor fire.
The prohibited fire season came into effect at 9am Monday and covers multiple areas in the region. If you are in Wairarapa/Tararua distrcict then a PROHIBITED fire … View moreA restricted fire season is in place for Wellington, with people requiring a fire permit if they wish to light an outdoor fire.
The prohibited fire season came into effect at 9am Monday and covers multiple areas in the region. If you are in Wairarapa/Tararua distrcict then a PROHIBITED fire season still remains.
Principal Rural Fire Officer Craig Cottrill says permit holders should follow the instructions provided carefully.
"The dry vegetation acts as fuel for a wildfire, meaning if a wildfire did start it could spread very quickly... We’ve seen this with a few vegetation fires in the area recently, including one in Makara earlier this month where firefighters and helicopters worked hard over two days to put it out," he says.
What you need to know:
- The restrictions cover the following areas: Kāpiti Coast, Porirua, Wellington City and the Hutt Valley.
- You cannot light an outdoor fire unless you have a permit.
- Gas and charcoal barbecues are permitted.
- Individuals that operate heavy machinery are advised to exercise caution when out in dry terrain. Fire crews advise to undertake work in cooler temperatures and in minimal wind.
To find out more about outdoor fire safety, please go to Fire and Emergency New Zealand's (FENZ) website by clicking the button below.
The Team from Neighbourhood Support New Zealand
This month is all about bringing your community together and having a great time! We want March to be all about celebrating the connections we have while making new ones along the way. As we all know, what makes a neighbourhood great isn’t the houses and cars, gardens and streets - it’s the … View moreThis month is all about bringing your community together and having a great time! We want March to be all about celebrating the connections we have while making new ones along the way. As we all know, what makes a neighbourhood great isn’t the houses and cars, gardens and streets - it’s the people who share their presence and aroha with each other.
A wonderful way to take part is to participate in Neighbours Day Aotearoa which takes place from 20 - 30th March. This year’s theme is ‘The Great Plant Swap’ - as an easy way for our neighbourhoods to grow stronger together. If you’re hosting an event, make sure to register it on their website: neighboursday.org.nz/join-in
Show us how you’re celebrating community this month by tagging us in your social media posts or emailing us your photos, videos, or experiences to: info@neighbourhoodsupport.co.nz
Reporter Community News
Ōtaki Gorge Rd will be closed for about three months, while work at the intersection of State Highway 1 is carried out.
A detour would send traffic down Hautere Cross Rd, School Rd, and the new Te Hori Beach Road overbridge, leaving residents concerned about safety.
Waka Kotahi NZ Transport Agency… View moreŌtaki Gorge Rd will be closed for about three months, while work at the intersection of State Highway 1 is carried out.
A detour would send traffic down Hautere Cross Rd, School Rd, and the new Te Hori Beach Road overbridge, leaving residents concerned about safety.
Waka Kotahi NZ Transport Agency announced the works earlier this week, part of a new bypass of Ōtaki with an estimated construction cost of $405 million, up from the reported $330 million in August last year.
Local residents have said it will turn a five minute drive to the supermarket into a 20 minute trip.
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