Welcome to
Te Whanganui-a-Tara
Recently compiled statistics entitled The Power of Property show that in 2019, the property industry contributed $11.2 billion to the Wellington economy.
This includes a direct impact of $4.0 billion and flow-on (indirect and induced) impacts of $3.1 and $4.1 billion respectively. It is important to note that this does not include capital gains from the appreciation of land and property values. In addition, 20,640 employees were directly employed in the property industry, accounting for 8% of total employment in Wellington. That is a significant involvement by our members and others.
Earthquakes have highlighted issues that have to be dealt with.
As a region, we are continuing effecting change through our advocacy, events program, and collaboration with like-minded organisations including of course Wellington City Council.
To do that we need your support. Our members are at the very core of what we do every day. Get involved! Also, please tell us what you seek from your membership, what events, topics and speakers you would like to hear.
Gerard Earl
Colliers
Wellington Regional Chair
2023/24 Wellington
Advocacy Priority
In the regions, our regular projects include Long-term Plans, Annual Plans, District and Spatial Plans, rates differentials and development contributions. In addition to this, each Regional Committee also choose one priority to focus on for the year, with Wellington’s being:
"A city that is vibrant, open for business, and focused on sustainability and investment in essential infrastructure."
Regional Events
Wellington Property Series | The Development Stocktake
As we wrap up the financial year, it’s time to take stock through the lens of industry experts and get a peek into what lies ahead for our industry in
Wellington End of Year Lawn Bowls
Wrap up the year at the Property Council End of Year Lawn Bowls Join your fellow members for a fantastic afternoon in the sun as we celebrate the end
Wellington Property People Awards 2024
Bookyour tickets! Thursday 7 November 2024Tākina Convention Centre, Wellington The Wellington Property People Awards celebrate and recognise the people behind the projects in the Wellington region. In 2023 we brought
Wellington
Regional Committee
The Wellington Regional Committee assists the Property Council team to formulate our local advocacy strategy and plan member events and initiatives in the region.
The current Committee is in effect from 1 November 2024.
Local Government
Briefing Paper
The Local Government Briefing Paper has been produced in advance of the 2025 Local Government Elections to provide candidates – many of whom are unfamiliar with the property industry – with a simple guide to the challenges faced, solutions available and potential impact for their city or region.
The document outlines five key workstreams:
- Foster stronger relationships with the property sector
- Improve local government funding and financing
- Fairer investment in infrastructure
- Connect regional planning and transport; and
- Increase housing supply and improve consenting.
Singing off the same song sheet nationwide also helps ensure consistency across our national and regional advocacy workstreams. It is a working document that will evolve over time as policies are announced and issues arise, with the current version available for download by members upon logging in here. 👉
Book your tickets!
Thursday 7 November 2024
Tākina Convention Centre, Wellington
The Wellington Property People Awards celebrate and recognise the people behind the projects in the Wellington region.
Tickets for the Wellington Property People Awards are now available – book today!
Recent Submissions
Submission on proposed changes to the Seismic Assessment Guidelines for non-earthquake prone buildings
On 15 August 2024, Property Council submitted on the proposed changes to the Seismic Assessment Guidelines for non-earthquake prone buildings. Property Council did not make comments on the technical nature of the document but rather provided feedback on the broader issues within the system. We recommended that: The Joint Committee pause or halt this consultation to re-evaluate the implications of updating these seismic assessment guidelines, given that this could create more uncertainty in the sector. Read the full submission.
Property Council submission on Queenstown Lakes District Council Long Term Plan 2024-34
On 29 July 2024, Property Council submitted to Queenstown Lakes District Council on their Long Term Plan 2024-34. Why this matters to our members The Long Term Plan outlines the direction of the Queenstown Lakes region for the next ten years, so it is therefore important that decisions made by the Council have fair and equitable outcomes for the property sector. Our view Overall, we appreciate the Council looking into alternative funding models that are more transparent and equitable to ratepayers and is something that Property Council has been a stronger advocate for. We also look forward to seeing the Council co-ordinate a city deal with Central Government. However, we are concerned that the significant increases to development contributions, will
Property Council submission on Overseas Investment (Build-to-Rent and Similar Rental Developments) Amendment Bill
On 23 July 2024, Property Council submitted to the Finance and Expenditure Select Committee on the Overseas Investment (Build-to-Rent and Similar Rental Developments) Amendment Bill. Why this matters to our members The Bill seeks to amend the Overseas Investment Act 2005 and establish a new residential consent pathway to address our member/market concerns around the liquidity of Build to Rent assets. Build to Rent is one of the fastest-growing sources of new housing globally and has the potential to transform the Aotearoa New Zealand rental market with tens of thousands of quality homes. Our view Property Council supports the Bill and at a high level, and makes the following recommendations to the Select Committee: Clarify what a satisfactory time frame
Contact Us
Help champion the
Wellington property industry
Property Council has several dynamic and engaged member taskforces and committees, who provide insight and support our team with a range of initiatives. These groups are ever-changing and are open to all members.
We also have numerous opportunities for sponsors to partner with us to produce and support local events.
Please contact your Regional Manager for further information:
