Shareholders should be very mindful that the land in and around the airport is subject to a treaty claim. Sure there is going to be some uncertainty – treaty claims always give rise to public uncertainty. But for us, there has never been any uncertainty. The fact of the matter is those lands are ours.”
Waikato-Tainui have significant property investments around the Auckland Airport including the Novotel International and the five-star Te Arikinui Pullman Hotel, which is due for completion this year.
Morgan said this commitment puts Waikato-Tainui well as a responsible investor and owner of nationally significant assets at a time when the tourism industry is rebounding from 2-3 years of disruption.
“This purchase will also relieve the government of a long drawn-out settlement negotiation process. We are ready for the conversation and will be seeking urgency to discuss the detail with government ministers over the next couple of weeks,” Morgan said.
Auckland Iwi Ngāti Whātua Ōrakei has offered to buy back the Ports of Auckland to help Auckland Council pay its massive debt.
Ngāti Whātua Ōrākei deputy chairman Ngarimu Blair said the iwi has made the offer to all former Auckland supercity mayors, including John Banks, to release the 55 hectares locked up at the Auckland waterfront.
He says the iwi has long sought the return of its harbours, which were taken without the tribe’s consent.
“We have made it clear to successive Auckland mayors that we are open, willing and able to purchase council assets it is selling, such as the Ports of Auckland,” Blair told the Herald.
Auckland Mayor Wayne Brown said he had no comment to make on the Ngāti Whātua Ōrākei proposal.
