LINZ Crown Land and Property
LINZ Owned Property and Land (Crown Land, other Crown Land,
Treaty Settlement Landbank Properties
Client Agency
Crown Pastoral Land)
RELEASED UNDER THE
OFFICIAL
Why us?
LINZ
Prop
erties by L
ocation
Landbank Portfolio by Land Use
Land managed on behalf of agencies
• The Crown (LINZ) is the owner of last
(5599 Properties)
(902 Properties)
(1703 properties)
resort for any land that has no owner,
historic arrangements and
government decisions e.g. hydro,
Railway.
• LINZ property management expertise,
extensive demolition experience.
Looks like?
• This portfolio includes an array of
Why us?
property types including residential
• Landbank assets for Treaty settlements
housing and commercial, Huntly
• Transferred from Ministry of Justice in 2016 as it is not part of
subsidence housing, Crown pastoral
INFORMATION
their core business function to expand on LINZ property
land, lakes, rivers (hydro power),
management expertise
forests (Wairakei), mines, (Waihi)
Why us?
Looks like?
railway land, other land, reclaimed
• Reduces duplication across the public service and
• Crown assets no longer needed for core business
land (MACA) and freedom camping
provides scalability for supplier contracts.
requirements – for Treaty settlement or sold on open market.
sites.
• LINZ existing property management
• Residential and non-residential tenanted properties (closed
• Biosecurity including pest and weed
expertise, including specialists in
hospitals, schools).
management to meet local
demolition, disposal, contamination.
• Land including forests and farms.
government requirements and
• Client agency costs are fully recovered.
• LINZ responsible for all property management and legislative
national policy.
Looks like?
compliance (Healthy homes standards, H&S).
• Public access is provided where
Crown assets no longer part of core business – sold to
• Budget 2022 Regional Housing Improvement Programme for
practical.
market/treaty settlement/alternative government use.
urgent repairs and maintenance to residential housing.
Potential
Including:
• Deferred Selection Properties can be in the process for up to 7
• Managed retreat solutions
• Closed schools and associated housing
years.
• Flood protection works
• Corrections housing village
Potential
• Solar
• Closed prisons/hospitals
• Can be transferred to other government agencies for future
• Carbon
Potential
use e.g. housing, reserves.
• Other investment
LINZ is currently expanding this portfolio to provide
services to other Crown agencies including Ministry of
Maximise Crown Assets by tenanting property, forestry, pastoral leases & various licences, collecting revenue of $19 million per year which is
Housing and Urban Development.
returned to the Crown.
The book value of the estate is circa $1 Billion with Property Sales $25 million per year.
ACT
Infrastructure and expertise along with established contracts and relationships with key suppliers.
Document Outline
