STAKEHOLDER NEWSLETTER | DECEMBER 2024
IN THIS EDITION
OVERVIEW
A Message From Our Managing Director - Scott Gibbons
Welcome to Andrew Clinton
Comment on Risk Management review completed this quarter?
Leading into Christmas season & family
Scott Gibbons - Managing Director
SUPPORTING OUR COMMUNITY
Getting behind Gumboot Friday
This year, in lieu of traditional Christmas gifts, we chose to support the invaluable services provided by Gumboot Friday with a $5000 donation given on behalf of our stakeholders. Their commitment to delivering immediate, free counselling to Kiwis aged 5 to 25 is truly inspiring. Since 2019, Gumboot Friday has provided more than 100,000 therapy sessions to young Kiwis.
This donation represents the collective goodwill of our company, tenants, and key stakeholders who believe in the power of coming together to make a positive impact.
As a family and business, we actively support a range of initiatives that have a lasting positive impact on the communities in which we operate. If you would like to see more of what we do in our community, visit:
ESG | Sustainability
EVs and EV Chargers at our Retail Centres
As part of our commitment to sustainability and reducing our carbon footprint, Gibbons have recently added two EVs and one hybrid to our fleet of cars. Like many businesses, our fleet of vehicles make up a large part of our carbon footprint, and we are hoping to see some real positive change with the introduction of these new EVs. And because our power supply at our office (where the cars are mainly charged) is through Ecotricity’s certified carbon zero electricity, we will have actual near-zero carbon operating emissions for these vehicles.
Also, in our public shopping centres, we have committed to bringing EV chargers for public use where the technical specifications allow us to do so. In June 2023, two EV chargers went live through our partnership with JOLT at our Stoneridge on Lunn site in Auckland, replacing a faulty first-generation charger that was installed in 2020. And in October this year, six new generation V4 Tesla Superchargers went live at our Nelson Junction retail centre. These new Tesla Superchargers are the first of their kind in New Zealand, offering peak charging rates of up to 250kW per vehicle and are available for non-Tesla EVs as well (with the Tesla app). We are excited by this new technology on our sites and what it can offer our stakeholders.
DEVELOPMENTS | Spring Update
Our Developments
Nelson Junction
Nelson Junction is charging ahead, and as Stage 1 comes to a close, our Stage 2 Woolworths is ramping up. This supermarket is a bit different than a typical supermarket build in that we have registered it with the New Zealand Green Building Council’s Green Star programme, targeting a 4-star rating. This means that the supermarket must meet a number of mandatory benchmarks for a lower-carbon, higher-performing building. On average, Green Star buildings use 66 percent less energy and 51 percent less water than typical buildings, savings that are both good for tenants and the environment.
Berryfields Crossing
Update needed.
Lower Queen Street
Update needed.
Nelson Junction Grand Opening
TENANT UPDATE | Welcome
On 28 September, Nelson Junction held its Grand Opening in conjunction with JB Hi-Fi and generously supported by all our tenants at Nelson Junction. The day was abuzz with a local “battle of the bands” live music, spot prizes for all shoppers, and massive in-store specials. We were overwhelmed with the support from the community and the sheer volume of people that came to the event and hoped everyone had as much fun as we did in showcasing the centre to our stakeholders.
Opportunities
Here are some new and exciting leasing opportunities within our portfolio if you are looking to expand or know of someone who would like to join our tenant family. Click on the link for more info. We’d love to hear from you.
