About

What we do

We work in many locations across Tāmaki Makaurau to deliver urban regeneration. Urban regeneration is the planning of neighbourhoods and improvement of buildings to strengthen communities and the economy in order to make it an even better place to live.

Urban regeneration

Urban regeneration

Urban regeneration is the planning of neighbourhoods and improvement of buildings to strengthen communities and the economy in order to make it an even better place to live.

We work in places where there is an opportunity to build on the existing vitality of a neighbourhood.

Focusing our regeneration in town centres means that homes, offices, shops and eateries are close to public transport, reducing our reliance on cars.

One of our priorities is to increase the number of available homes in Auckland, particularly homes more people can afford and homes for the elderly.

Our challenge is to balance our obligation to make money with ensuring our regeneration projects are good quality, strategic and better for the environment.

Our regeneration projects fall in to three categories:

Transform

Where we transform an entire neighbourhood through urban regeneration. Our Transform locations are Wynyard Quarter, Manukau and Onehunga.

Unlock

Where we facilitate revitalisation through a few key properties within a town centre. Our Unlock locations include Northcote, Henderson and Hobsonville Point.

Support

Where we use council land to build more houses, such as Link Crescent in Whangaparaoa.

We don’t build on land directly, instead we work with others such as government, iwi, not-for-profit and private organisations.

We provide them with a strict set of rules, including creating buildings that benefit neighbourhoods and guaranteeing all homes are healthy, energy efficient and better for the environment.

We ensure they build what we need to make the city great.

That’s why we insist on Homestar 6 rated homes in all our Transform and Unlock locations.


As well as our urban regeneration projects, we manage properties owned by Panuku and the council while they are not needed.

As well as our urban regeneration projects, we manage properties owned by Panuku and the council while they are not needed.

Buying property

We buy property on behalf of Auckland Council for public services such as parks and open spaces, and public service projects such as stormwater upgrades. We also purchase land for urban renewal.

Auckland Council buys a lot more land on an annual basis than it sells.

Land is purchased in line with the Auckland Council’s Long-term Plan requirements, which ensures good community outcomes.

Managing property

We manage property for Auckland Council until it’s needed for a service such as a new road or park. Some are also managed until they’re sold. A number are commercially managed for many years.

Right now we manage a portfolio of more than 2,000 assets including industrial sites, shops, offices, homes, landfills, quarries and marinas.

It generates around $68 million of income for the city each year.

Where Auckland Council leases property for council purposes such as for a library, we also manage the relationship with the landlord.


Property sales

Council owns properties which vary in quality.

In partnership with the Auckland Council, we continuously review Auckland Council’s properties, which includes recognising properties that may no longer be required.

Once a property has been identified as potentially no longer required for the purpose it was acquired , it must go through a robust, multi-stage process to assess if council may need it for another purpose now or in the future.

This includes talking to Auckland Council, local boards, mana whenua groups and the Independent Māori Statutory Board.

If it’s considered not needed, then we propose to the council committee that it could be sold.

All sales must be approved by the Finance and Performance Committee.

Once approved for sale, a property may be offered back to its former owner, sold to a neighbour or sold on the open market.

In certain cases we set conditions on the sale to ensure a good outcome for the community, for example that houses must be built.

We sell properties in our urban regeneration locations in a different way.

Here we select a development partner and provide them with a set of rules, including creating buildings that benefit neighbourhoods and guaranteeing all homes are healthy, energy efficient and better for the environment.

We ensure they build what we need to make the city great.

Click here to see properties for sale or lease.