What did Port of Tauranga Limited announce?
Port of Tauranga Limited (NZX: POT) filed “POT completes sale of Rolleston property asset” with NZX on 28 October 2026, as a m&a announcement.
From the announcement:““We sold our Gateside Auckland site earlier this year and are pleased to successfully complete the Rolleston sale too.” The 15-hectare industrial-zoned site has an intermodal freight hub, a 650- metre rail spur, an 18,000sqm high-stud warehouse built in 2019 and seven hectares of undeveloped land.”
- Which company?
- Port of Tauranga Limited (NZX: POT)
- When was it filed?
- 28 October 2026
- Where is the original?
- NZX announcement
POT completes sale of Rolleston property asset
Port of Tauranga completes sale of Rolleston
property asset
Port of Tauranga Limited (NZX: POT) has completed the sale of its
property at 5 Baltimore Drive, Rolleston, for $57 million.
The sale forms part of Port of Tauranga’s capital recycling programme,
which seeks to unlock value from non-core property assets and reinvest
capital into strategic infrastructure projects that support the long-term
growth of New Zealand’s largest port.
Port of Tauranga Chief Executive, Leonard Sampson, said the Port was
pleased to have reached an agreement with a purchaser who would
maximise the potential of the property.
“Our review of our extensive property portfolio identified two sites
suitable for divestment as part of our ongoing focus on improving capital
efficiency,” said Mr Sampson.
“We sold our Gateside Auckland site earlier this year and are pleased to
successfully complete the Rolleston sale too.”
The 15-hectare industrial-zoned site has an intermodal freight hub, a 650-
metre rail spur, an 18,000sqm high-stud warehouse built in 2019 and
seven hectares of undeveloped land.
For more information, please contact:
Rochelle Lockley
GM Communications
021 865 884
Email rochelle.lockley@port-tauranga.co.nz
Media Release
28 OCTOBER 2026
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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