MARINE OPPORTUNITY ON ’S WATERFRONT Request for Expressions of Interest – Wynyard Marine CONTENTS

The Opportunity 4 New Zealand Investment Environment 6 A Seafaring Nation 9 Auckland: City of Growth 10 Waterfront Auckland and Development Outcomes 12 Access to World Leading Skills and Technology 17 A Superb Superyacht Destination 19 : Marine Precinct 21 Unrivalled Location 23 The Best Site for Marine Operations in New Zealand 25 Immense Development Potential 26 Concept Plan 30 Expressions of Interest 33 Disclaimer 34

Millennium Cup Yacht on Waitemata Harbour. 3 THE OPPORTUNITY UNRIVALLED SITE FOR MARINE OPERATIONS.

New Zealand’s marine expertise is valued for its attention to detail, THE OFFERING THE PROCESS particularly in its world-acclaimed Expressions of Interest are invited from marine/ The Expressions of Interest process is being run in superyacht new build, refit and superyacht refit and yard operators, developers two stages: maintenance capability. and investors (including specialist marine A unique and exciting opportunity infrastructure investors), to acquire: STAGE ONE now exists for the development and • The current stage seeking initial Expressions of 1 A 125 year leasehold interest in 16,241m2 of operation of a marine infrastructure Interest to acquire the land and water interests marine zoned land strategically situated within facility on a landmark Auckland noted left. the Wynyard Marine Precinct. This site can waterfront site. be developed as a marine facility but also • A letter setting out the requirements to enable you to submit an EOI is available within the The Wynyard Marine site is unrivalled envisages mixed use commercial, residential apartments and/or serviced apartments. electronic data room - see Colliers website link in terms of its access to the central on page 33. city, a thriving marine business cluster 2 A water space licence over the water space The completed Expression of Interest letter and the fabled cruising grounds of the immediately adjacent to the land with an • should be submitted to Colliers International’s beautiful Hauraki Gulf. Whether you’re area of 10,663m2 and which expires on 20 Auckland office by 4pm on 21 November 2014. an investor, operator or developer this is January 2047. your chance to capitalise on the success Waterfront Auckland’s expectation is that the STAGE TWO of the Auckland marine story. lease and the water space licence will reserve an Following the Expression of Interest closing date, annual rental which will be subject to review on the vendor will look to select one or more parties terms to be agreed. to participate in the second stage of the process. Expressions of Interest are encouraged from all sectors, including joint venture participants and major tenants looking to secure a position in this key location.

4 Wynyard Marine Site. Site boundary indicative only. 5 SECTION TWO INVESTMENT OPPORTUNITY

NEW ZEALAND INVESTMENT ENVIRONMENT NEW ZEALAND. THE WORLD’S BEST PLACE TO DO BUSINESS.

That might seem like a bold claim. But the facts are clear. Time and again, major international agencies give New Zealand the highest ratings for business fundamentals:

ST ST EQUAL EQUAL AUCKLAND – MOST EASE OF EASE OF PROTECTING LACK OF ABSENCE OF LIVEABLE BEST COUNTRIES STARTING A DOING INVESTORS/ CORRUPTION/ PROTECTIONISM/ CITY/ FOR BUSINESS/ BUSINESS/ BUSINESS/ WORLD BANK TRANSPARENCY INTERNATIONAL IMD WORLD COMPETITIVENESS MERCER 2014 FORBES 2012 WORLD BANK GROUP SURVEY 2014 WORLD BANK GROUP SURVEY 2012 DOING BUSINESS REPORT 2013 CORRUPTION PERCEPTIONS INDEX 2012 YEARBOOK 2014 3WORLD NO. 1WORLD NO. 1WORLD NO. 3WORLD NO. 1WORLD NO. 1WORLD NO. 1WORLD NO. 6 7 A SEAFARING NATION

Located at one of the southern most points in the AUCKLAND Pacific Ocean, New Zealand has always been a proud sea faring nation.

Sailing and marine prowess is embedded in the local

culture, starting with the Maori explorers who travelled WELLINGTON thousands of miles in waka (canoes) to these shores in the 13th Century, to the modern day CHRISTCHURCH explorers participating in round the world yachting events.

8 Maori Waka in the . 9 AUCKLAND: CITY OF GROWTH

Auckland is New Zealand’s largest city by far. Around a third of the country’s population live in Auckland, and projected growth will take the city to a population of 2.5 million by 2040.

Diverse, cosmopolitan and international in its outlook, this thriving and constantly growing centre is highly connected to the world.

Cruise ship arrivals are booming and Auckland’s economy continues to forge ahead, accounting for 36% of New Zealand’s GDP.

Coping with Auckland’s success in attracting businesses, visitors and residents demands strategic planning and investment.

Auckland’s Mayor has championed the ’s first 10-year budget to focus local public spending into transformational projects, as part of the aim to make Auckland the world’s TAMAKI – KAINGA NGA IKA ME NGA WHEUA KATOA! most liveable city.

An important element of this is the (AUCKLAND – WHERE THE FISH ARE SO SUCCULENT redevelopment of the , YOU CAN EAT THEM BONES AND ALL!) transforming it into a high-quality mixed-use area, and further growing its potential as the home of the South Pacific’s world class marine industry.

10 Waitemata Harbour. 11 WATERFRONT AUCKLAND AND SUSTAINABILITY IN DESIGN DEVELOPMENT OUTCOMES The vision for the Wynyard Quarter is to be a leading location of sustainable urban design and development.

Waterfront Auckland is interested in exploring with The Auckland Waterfront Development Agency (Waterfront This includes property management, marina operations, public space the successful party, best practices for environmental Auckland) is a council controlled organisation (CCO), established in development, master planning for development, and the attraction of management relating to the development and operation November 2010 as part of the formation of the Auckland Council. investment in mixed use developments and marine infrastructure projects. of the marine facility. Along with preventing contamination Responsible for around 45 hectares of waterfront property its core objective Its core vision is for a world-class destination that delivers long terms of the harbour, managing reverse sensitivity issues such as is to lead the development across Auckland’s waterfront and to manage sustainable returns and excites the senses and celebrates our sea-loving noise, odour and fumes will be particularly important in the waterfront assets. Pacific culture and maritime history. mixed use environment.

Best practices may include energy and water conservation through renewable energy and rainwater re-use, TO ACHIEVE THIS VISION, WATERFRONT AUCKLAND HAS IDENTIFIED FIVE KEY GOALS FOR ITS DEVELOPMENTS: sophisticated noise dampening techniques, strict controls on air, water and ground pollutants including best practice anti-fouling, cleaning and recycling procedures, GOAL DESCRIPTION manufacturing and waste and materials storage. A smart working waterfront Attracts high-value, innovative, creative and green businesses and investment to achieve a significant lift in productivity, a place for authentic and gritty waterfront activities: the marine and fishing industries, water transport and port activities.

A blue-green waterfront A resilient place where integrated systems and innovative approaches are taken to enhance the marine and natural eco- systems while focusing on sustainability and minimising environmental impacts.

A public waterfront A place for all Aucklanders and visitors to Auckland, a destination that is recognised for its outstanding design and architecture, natural environmental quality, public spaces, recreational opportunities, facilities and events; a place where we protect and express our cultural heritage and history, and celebrate our great achievements as a city and nation.

A connected waterfront A place that is highly accessible, easy to get to and to move around in, where people feel connected to the wider city and beyond by improved pedestrian and cycling linkages, fast, frequent and low-impact passenger transport, state-of- the-art telecommunications and through supportive community and business networks.

A liveable waterfront The location of leading sustainable urban transformation and renewal in Auckland; the most liveable New Zealand central city urban community; a vibrant mix of residents, workers, visitors and activities. A welcoming and resilient neighbourhood that is safe, diverse and attractive, with plentiful open space and access to local services and facilities.

12 Daldy Street Linear Park, Wynyard Quarter. 13 WITH THE HIGHEST BOAT OWNERSHIP PER CAPITA OF ANY CITY IN THE WORLD, IT IS NO WONDER AUCKLAND IS CALLED THE CITY OF SAILS.

14 Westhaven Marina, Auckland. 15 ACCESS TO WORLD LEADING SKILLS AND TECHNOLOGY

New Zealand is a modern country with Success is based on skills and technology in a rich history of building and designing electronics, software, sails, hull design, spars technology-based solutions for marine and fittings incorporating leading edge design NEW ZEALAND’S applications. and materials. REPUTATION FOR A place that has inspired great boat designers Our boat builders are recognised time and time and world-beating yachting teams, New again for their attention to engineering and QUALITY WORKMANSHIP Zealand is known for a marine industry of rare aesthetics, and for their customer-focused, WILL PROVIDE A skill and capability. From building superyachts individualised approach. to supporting America’s Cup challenges and FUTURE INVESTOR AND What’s more an extremely well regarded local everything in between – New Zealand’s boat apprenticeship training programme will continue FACILITY OPERATOR building expertise and equipment hardware to create a talent pool of marine industry capability is sought after by the world’s top ocean professionals to support business growth well into WITH A COMPETITIVE racing competitors. the future. ADVANTAGE OVER OTHER YARD LOCATIONS.

Emirates Team NZ, America’s Cup 2013. Volvo Ocean Race, Viaduct Harbour, 2012.

16 Refit work underway in Wynyard Quarter. 17 A SUPERB SUPERYACHT DESTINATION

New Zealand is home to four international • The NZ Marine Association together with award-winning superyacht yards and a Tourism New Zealand are progressing an significant network of skilled tradespeople. investment and marketing strategy to double ALL THE the number of superyachts visiting these New Zealand is increasingly becoming the shores over the next five years. PREREQUISITES FOR destination of choice for high level refit and maintenance: • With this growth comes a need for additional A WORLD CLASS infrastructure and facilities to cater for refit work • The geographical advantage of being a SUPERYACHT REFIT on larger size vessels. With the current absence “safe haven” from the southern tropical storm of quality refit yards in close proximity to a city CENTRE. season allows works to be done in a sheltered centre anywhere in the Pacific Rim, Wynyard environment without adverse insurance impacts. Marine presents a prime opportunity for the • Vessel owners and captains can take advantage right investor and operator. of the myriad of spectacular recreational • Close proximity to existing marine business. cruising options in some of the world’s most beautiful waters.

Auckland Harbour. MY Karima. Page 18 18 SY Mayan Queen berthed at Silo Marina adjacent to Wynyard Marine. 19 Wynyard Marine

Wynyard Quarter Marine Precinct

Westhaven Marina WYNYARD QUARTER: Viaduct Harbour MARINE PRECINCT Silo Marina

Prominently and strategically located to the precinct, the spectator and syndicate home for west of the CBD, Wynyard Quarter offers past America’s Cup campaigns and a backdrop for the best waterfront land of any major city marine trade shows large and small. FROM CHANDLERIES in New Zealand. Along the areas western edge and stretching TO ENGINEERS, The area is currently undergoing a significant around to the nearby Westhaven Marina are transformation into a new mixed use community. located a number of marine related service BROKERAGES TO Expansive public spaces and an entertainment providers and retailers. ENGINE SUPPLIERS, precinct are already in place and further In recognition of the value of this business cluster development of a 3.5 hectare site with a mix WYNYARD QUARTER and its importance as part of the regeneration of of residential and commercial buildings is about this new part of the city, Auckland Council zoned PROVIDES A FULL to begin. 6.9 hectares of land for marine use in 2010. Steeped in a rich maritime heritage Wynyard SERVICE MARINE Quarter is also the location of a thriving marine OPERATION.

Boat stacking facility, Wynyard Quarter. Boatbuilding yard, Wynyard Quarter.

20 Site boundary indicative only. 21 Hauraki UNRIVALLED Gulf Devonport Naval Base Dry Dock LOCATION Cruise Ship Terminal Centrally located there are numerous reasons why Wynyard Marine provides the best location for marine Wynyard operations in New Zealand: Westhaven Marine Viaduct Ports of Marina Events Auckland • Adjacent to the largest marina in the Southern Centre Mixed use Wynyard 5-Star Hotel Viaduct Hemisphere, Westhaven Marina (1,866 berths). development Quarter Harbour Britomart underway Transport • Water area lies to west of site, affording good Centre protection and exceptional berthage potential.

• Key part of Wynyard Quarter revitalisation project.

• Office and apartment developments planned nearby as part of Wynyard Quarter precinct.

• 2.3km from motorway on-ramp to south.

• 700m from motorway on-ramp to north.

• Two kilometres from Queen Street, heart of Auckland CBD.

• 30 minutes’ drive to Auckland International Airport.

• 2km from Hauraki Gulf cruising grounds.

• Across the harbour from a 110m dry dock and significant berthage at Devonport to complement operations at Wynyard Marine.

22 Downtown Auckland CBD. Site boundary indicative only. 23 1. Wynyard Marine DEVELOPMENT AREA 2. Silo Marina OF WYNYARD MARINE 3. Existing Marine THE BEST SITE FOR MARINE 4. Mixed Use Development Underway 5. 5-Star Hotel Underway OPERATIONS IN NEW ZEALAND 6. Viaduct Events Centre 9 7. North Wharf Entertainment Precinct The Wynyard Marine site is one of the last KEY FACTS 8. Future Mixed Use Development remaining prime waterfront blocks on the • 164-168 Beaumont Street, Wynyard Quarter, 9 Future Urban Park western edge of Auckland’s waterfront. Auckland. THE STAGE IS NOW SET 10. Westhaven Marina A high profile and convenient position opposite • Rectangular block of land comprising of FOR AN INVESTOR AND the largest marina in the Southern Hemisphere, 16,241m2 of land and 10,663m2 of waterspace. Westhaven Marina, and adjacent to recently OPERATOR TO FULLY • Zoning is primarily marine with a mixed 3 developed superyacht berths (Silo Marina). use component (residential, commercial REALISE THE POTENTIAL Interim use of the development site has seen and/or serviced apartments). OF THIS STRATEGIC SITE. it operate as a homebase for the Luna Rossa 8 • HEIGHT LIMIT: America’s Cup challenge in 2012-13 and more 2 recently as a mast stepping location for the world • Marine related - 18 metres (with potential 6 renowned marine supplier Southern Spars. to go to 25m, subject to consent).

• Mixed use – 52 metres. 10 7

5 1

4 3

Silo Marina.

24 Site boundary indicative only. 25 Existing Silo Wharf

Silo 6 Site 12 IMMENSE DEVELOPMENT POTENTIAL POTENTIAL DEVELOPMENT Jellicoe Street CONFIGURATION Being predominantly marine zoned, superyacht refit activity is ideal at the site Potential Location for Mast Stepping with its deep water access, sheltered location and adjacent to an established superyacht marina. SIte 19

10m High 52m High 18m High car park Residential Office

The site has immense potential as an actively The site can cater for a range of haul out Existing heavy lift Crane Pad managed hub offering: facilities including potentially a:

2 • 16,241m of land, for use as a superyacht refit • Synchro lift 18m High Shed #1 yard and supporting marine activities. • Dry dock Mast storage on roof • Travel lift • 10,663m2 of waterspace. • Floating dock Existing heavy Lift Crane Pad

• The successful party would be able to devise 18m High Shed #2 Mast storage on roof an appropriate infrastructure design to meet Within the current zoning parameters there is Potential Location of Beaumont Street 2 market demand and deliver the necessary also capacity for the development of 7,550m Lifting Infrastructure returns. Waterfront Auckland’s initial (GFA) of marine commercial and retail space, 2 assessments would suggest a facility that and 6,000m (GFA) of residential and/or serviced apartments. can cater for large superyachts (600-2000 18m High Shed #3 tonnes). Working Hardstand Mast storage on roof 90m x 57m 5130sqm

Car Park access 61m Potential Location for Mast Stepping 2 Vechicular access GFA (m ) Madden Lane Madden Street Residential 6,000 15m High Marine Industrial 8,080 Shed 15m High Office SIte 27 Marine Commercial and Retail 7,550 Mast storage on roof

Other 1,250 26 27

Potential Development Confi guration Wynyard Marine - Roof Plan Scale 1:1000 (A3) 0 10 30m

Wynyard Marine 6 28 Artist impression of Wynyard Marine. 29 Wynyard Marine

33

7

6

11 44

5 2

CONCEPT PLAN

1 Silo Park 5 Working Hardstand

2 Silo Marina 6 Madden Lane Workshops

3 Residential/Serviced Apartments 7 Commercial Offices

4 Working Sheds 30 31

1 Silo Park 4 Working Sheds 7 Commerical Offices

2 Silo Marina 5 Working Hardstand

Residential/Serviced Apartments 3 6 Madden Lane Workshops DRAFT rendered view - District plan compliant

Wynyard Marine 11 EXPRESSIONS OF INTEREST

For further information on the Wynyard Marine site and next steps in the Expressions of Interest process please contact Colliers International (contact details below).

A letter setting out the requirements to enable you to submit an EOI is available within the electronic data room - see Colliers website link below.

The completed Expression of Interest letter should be submitted to Colliers International’s Auckland office by 4pm on 21 November 2014.

Following the Expression of Interest closing date, the vendor will look to select one or more parties to participate in the second stage of the process.

For further information please refer to www.colliers.co.nz/26128

Upon entering the Colliers website you will see that all due diligence information is available within an electronic data room which can be accessed upon acknowledgment of confidentiality.

Jason Seymour John Goddard Director – Corporate & Institutional Sales Director – International Sales Colliers International Colliers International p +64 9 358 9855 p +64 9 356 8837 m +64 21 607 999 m +64 21 947 566 e [email protected] e [email protected]

John Green Director – Corporate & Institutional Sales Colliers International p +64 9 358 9882 m +64 21 994 273 e [email protected]

32 Viaduct Marina. 33 DISCLAIMER

The purpose of this document and the information Respondents to inform themselves There is no obligation on Waterfront Auckland to discuss contained in it is to request Expressions of Interest for the reasons why an EOI/RFP is accepted or rejected. Respondents will be deemed to have: commercial property developments in the Waterfront Waterfront Auckland reserves the right at any time to Auckland owned Wynyard Marine site. Any party • Examined this, and any other documents referenced enter into negotiations with one or more Respondents, receiving this document must note the following: and any other information available to the or any other person, to the exclusion of, and without Respondents for EOI/RFP purposes. Errors and omissions notice to any Respondent and without the need to re- • Considered all the risks, contingencies, and other tender or submit altered documents to Respondents. Waterfront Auckland is under no obligation to check any circumstances having an effect on their EOI/RFP. EOI/RFP for errors. Acceptance of an EOI or proposal This presentation has been prepared by Waterfront that contains errors will not invalidate any agreement • Satisfied themselves entirely based on their own Auckland and Colliers International (“Colliers”), formed based on that EOI/RFP. investigations as to the correctness, completeness and (together the “Preparers”). The information contained sufficiency of their EOI/RFP including proposed prices in this presentation is professional opinion only and is Errors or omissions by Waterfront Auckland during this offered. given in good faith. It is supplied to the Recipient on process may be rectified by Waterfront Auckland at any the condition that it keeps all information private and time prior to contract finalisation and without liability or • Made any site visit necessary to complete or satisfy confidential. Information in this document has been compensation to any Respondent. itself as the sufficiency of its EOI/RFP. derived from third party respondents and though Variation to requirements Preparers believes it to be reliable as at the date of Disclaimer as to information this document, Preparers make no representation or The requirements described in this document reflect the All information in relation to this document made warranty as to the accuracy, reliability or completeness current situation. Waterfront Auckland reserves the right available by Waterfront Auckland (whether prior to, of information in this document or for updating any to vary in detail any requirement. If it becomes necessary with, or subsequent to, this document) is made available information or correcting any error or omission which to revise any part of this EOI/RFP or provide additional on the basis that Waterfront Auckland makes no may become apparent after the document has been information or questions prior to the EOI/RFP Closing Date, representation or warranty, whether express or implied, issued. To the extent permitted by law, Preparers and Waterfront Auckland may issue addenda to the persons as to the completeness, correctness or accuracy of such their officers, employees, related bodies corporate and who received the original document. If revisions, additional information. Each Respondent shall before submitting its agents (“Agents”) disclaim all liability, direct, indirect information or questions arise after the submission EOI/RFP undertake all investigations as it may consider or consequential (and whether or not arising out of the deadline, Waterfront Auckland will provide them to all or so appropriate to satisfy itself independently as to the negligence, default or lack of care of Preparers and/ many of the Respondents as have submitted EOI/RFP as correctness, completeness and sufficiency of their EOI/ or any of their Agents) for any loss or damage suffered Waterfront Auckland in its discretion considers appropriate. RFP including proposed prices offered. by a Recipient, a purchaser or other persons arising Respondents agree that any such addenda do not entitle out of, or in connection with, any use or reliance on Respondents to withdraw their EOI/RFP. Disclaimer as to completion of RFP this presentation or information. The Recipient agrees that it shall not seek to sue or hold Preparers or their Without limitation, there is no obligation on Waterfront Agents liable in any such respect for the provision of this Auckland to complete the process, consider any or all EOI/ presentation or any other information. RFP or enter into any contractual relations or arrangements with any Respondents in respect of its subject matter.

34 Viaduct Harbour, Auckland. Front Cover: Silo Marina, Wynyard Quarter.

September 2014