Iwi buys bigger share of coastal Rangitīkei farm
25 Jan, 2021 04:00 PM
5 minutes to read
Operations manager Jarred Clode (left) and Ngā Wairiki-Ngāti Apa trustee Jason Boyle stand outside the entrance to Te Hou Farms Dairy. Photos / Lewis Gardner
Laurel Stowell is a reporter for the Whanganui Chroniclelaurel.stowell@whanganuichronicle.co.nzWhangaChron
Rangitīkei iwi Ngā Wairiki-Ngāti Apa has bought a further one third share of the large Te Hou Farms near Bulls - for $8.64 million. The purchase was made final on December 1, and announced at the tribe s annual general meeting on December 6. The buyer is iwi-owned Ngā Wairiki – Ngāti Apa Developments Limited.