It’s estimated the Wi Pere Trust will need another three years to repair hill country fences affected by Cyclone Gabrielle and rebuild soil structure and fertility on its 7000ha of hill country.
Recent investments for Wells include a 15ha vineyard valued at $3m near Cromwell, and three adjacent sections costing $5.5m in the recently opened Mt Cardrona Station village.
The family’s $50m, 11.6ha property was reportedly sold in 2024 for $97m to a newly registered company called Porchester Industrial Properties.
Sir Christopher Mace continued his retreat from the corporate world in 2024 when he stepped down as a director of Te Pūia Tāpapa, a $115m investment fund supported by 26 iwi and Māori entities.
Ecostore CEO Pablo Kraus hopes to at least double Chinese sales within the next five years.
After exiting the Datagrid project, Dick’s telecommunications investments nowadays rest with a half-share in Hero Internet.
He set up a new company in the business of hotel development, perhaps to revive a plan to build an ultra-luxury lodge on the Waiheke Island property he bought from US billionaire Julian Robertson.
The siblings’ Delegat Group has felt the effect of US President Donald Trump’s sweeping global tariff impositions across the year.
The past year has been tough for the wine industry in general, and no different for the Marris family, which remains optimistic about the US market at least.
Bishop’s Euroclass Design and Build business was, at the end of 2024, granted residential zoning for the Highbrook Precinct, after overcoming objections from the Auckland Council.