Tainui Group Holdings has appointed Karl Retief as general manager property.
TGH chief executive Chris Joblin said Retief brings almost two decades of experience in managing multi-property portfolios.
Karl Retief
“His appointment is timely as we look to grow our capability as a significant commercial property investor in Waikato and South Auckland and deliver long-term returns for Waikato-Tainui,” Joblin said.
Retief has been working on a contract for TGH since July. His most recent property role was 17 years with listed company Kiwi Property where his role as general manager retail portfolio involved running New Zealand’s largest retail property portfolio, including developments such as Sylvia Park in Auckland and Centre Place in Hamilton.
Retief said he was attracted to work at TGH by the opportunity to deliver new and exciting property projects, and help the iwi build an enduring high-performance team.
Tainui Group Holdings manages around $950 million of assets, including significant whenua and property holdings within the Hamilton CBD. Other major projects underway include the 480-hectare Ruakura inland port and logistics hub, construction of the Te Arikinui Pullman Auckland Airport Hotel with joint venture partner Auckland Airport, as well as a 40-room extension to the Novotel Hamilton Tainui Hotel.
