Sime Darby Motors New Zealand Invests in Golden Triangle
The latest in a series of property investments has just been announced by Sime Darby Motors New Zealand (SDMNZ), one of New Zealand’s leading suppliers of cars, trucks and transport solutions. The purchase of 13,817 sqm of land in the Tauranga suburb of Tauriko comes shortly after the April announcement of a long-term ground lease in the Ruakura Superhub near Hamilton, developed by Tainui Group Holdings.
The Tauriko site will be home to a purpose-built truck service centre and Volvo Trucks NZ sales office plus an external truck display area.
Chosen for its easy access to major state highway transport corridors, the Tauriko site sits within a growing hub of commercial, industrial, and residential developments in the area. This gives Sime Darby Motors NZ a strong foothold in the ‘Golden Triangle’ between Auckland, Hamilton and Tauranga, an area that accounts for 40% of New Zealand’s total freight movement by tonnage.\
“This is another step in our on-going programme of investment in New Zealand, positioning us for future growth,” confirmed Sime Darby Motors NZ Managing Director, Pat McKenna.
SDMNZ is part of the multinational Sime Darby Berhad, which has operations in 18 countries across the Asia Pacific region and a total workforce of some 30,000 employees, with around 1200 employees in New Zealand.
Plans are well advanced in the design phase of the project, with the appointment of a main contractor expected over the next quarter and ground breaking scheduled for early 2025. Build completion is expected towards the end of 2025.
The Tauriko site will be home to a purpose-built truck service centre and Volvo Trucks NZ sales office plus an external truck display area.
Chosen for its easy access to major state highway transport corridors, the Tauriko site sits within a growing hub of commercial, industrial, and residential developments in the area. This gives Sime Darby Motors NZ a strong foothold in the ‘Golden Triangle’ between Auckland, Hamilton and Tauranga, an area that accounts for 40% of New Zealand’s total freight movement by tonnage.\
“This is another step in our on-going programme of investment in New Zealand, positioning us for future growth,” confirmed Sime Darby Motors NZ Managing Director, Pat McKenna.
SDMNZ is part of the multinational Sime Darby Berhad, which has operations in 18 countries across the Asia Pacific region and a total workforce of some 30,000 employees, with around 1200 employees in New Zealand.
Plans are well advanced in the design phase of the project, with the appointment of a main contractor expected over the next quarter and ground breaking scheduled for early 2025. Build completion is expected towards the end of 2025.
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