Watts Group Investments

Name

Watts Group Investments

Legal name

Watts Group Investments Ltd

Website

https://wattsgroup.co.nz

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Real Estate Property Managers (53131), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Rental and Leasing Services (532)

SIC

Real Estate (6500), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Property development
• Commercial real estate
• Residential property
• Property management
• Construction services

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Sales: Sale of residential and commercial properties including marina berths, villas, apartments, and land subdivisions.
2. Property Leasing: Leasing of commercial office and industrial warehouse/retail spaces to businesses.
3. Construction Services: Construction management services offered through affiliated company Watts & Hughes Ltd across civil, industrial, commercial, residential, and infrastructure sectors.
4. Property Management: Property management services for residential properties through Watts Property Management.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Watts Group Investments is a property development and investment company that develops, sells, and leases residential and commercial real estate, and delivers construction, property management, design-build, and project management services. Its portfolio includes marina berths and waterfront villas/apartments at Tairua Marina, residential subdivisions such as Pauanui Nine, and commercial/industrial leasing assets including Mastercard House, 15B Vestey Drive, and Tauriko Industrial.

Product overview

Watts Group Investments is a property development and investment company offering a comprehensive portfolio of real estate products and services. The core offerings include commercial leasing opportunities (Mastercard House, 15B Vestey Drive, Tauriko Industrial), real estate opportunities for sale (Tairua Marina with its 95 berths, Marina Villas with 18 luxury dwellings, Marina Apartments with 26 units, Marina Clubrooms commercial space, and Pauanui Nine subdivision with 16 residential sections). The company operates through affiliated companies including Watts & Hughes Construction for construction management, Watts Property Management for residential property management, Green Homes for sustainable building, Sanctuary Properties for Australian development, and specialist trade contractors (Superior Scaffolds, Accurate Ceilings, Cobalt Interiors, Ecoplus) that collectively provide design, building, construction, and fit-out capabilities across civil, industrial, commercial, residential, and marina sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Watts & Hughes: Construction management services across civil, industrial, recreational, retail, commercial, residential, educational, marinas, government infrastructure, medical/health care and sub-divisions.
• Watts Property Management
• Tairua Marine Ltd
• Sanctuary Properties
• Pauanui Nine Ltd
• WAIBOP Investments No. 4 Limited

Products and services

• Tairua Marina A 95-berth marina on the Coromandel Peninsula, New Zealand, with berths ranging from 8.4m to 25m, offered for sale and hire to boat owners and marine users. Completed in April 2014.
• The Marina Villas 18 two-storey luxury waterfront dwellings at Tairua Marina, each with 3–4 bedrooms and a double garage. Stage 1 and 2 (12 villas) completed; Stage 3 (6 villas) under construction.
• The Marina Apartments 26 three or four-bedroom units over four levels at Tairua Marina, with floor areas between 120sqm and 197sqm, basement car park, and swimming pool.
• Tairua Marina Clubrooms Commercial building adjacent to Tairua Marina with management, ablution, and laundry facilities, plus space for a restaurant and dive shop.
• Pauanui Nine Ltd Subdivision Residential subdivision with 16 sections at the entrance to Pauanui, adjoining Pauanui Golf Course with northerly aspect. House and land packages available through Green Homes partnership.
• Mastercard House Premium office space at 136 Customs St West, Auckland Viaduct Harbour with basement car parks and recreational facilities including swimming pool, gymnasium, and gardens. Available spaces include Level P (150.5m2), Level 2 (214m2), and serviced offices on Level 4.
• 15B Vestey Drive Industrial office space at 15B Vestey Drive, Mt Wellington with office space, basement and on-site car parks. Available: Level 1 (469m2) and Level 2 (469m2).
• Tauriko Industrial Proposed warehouse of 2264m2 and 500m2 offices at Tauriko Business Area with full drive-through capability and ample parking.
• Watts & Hughes Construction Construction management services across civil, industrial, recreational, retail, commercial, residential, educational, marina, government infrastructure, medical/health care, and subdivision sectors, delivered by the wholly-owned subsidiary.
• Watts Property Management Personalised, professional residential property management services delivered through the wholly-owned subsidiary.
• Sanctuary Properties (Australia) Property development arm based in Queensland, Australia, specialising in commercial and retail centres.

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Watts & Hughes LtdcoreStrategic or Co-development PartnerWholly-owned construction management subsidiary offering civil, industrial, recreational, retail, commercial, residential, educational, marina, government infrastructure, medical/health care and sub-divisions services.
• Watts Property ManagementcoreStrategic or Co-development PartnerPersonalised, professional and reliable residential property management services.
• Tairua Marine LtdcoreStrategic or Co-development Partner95 berth marina in Coromandel Peninsula with berths for sale and hire, Marina Commercial Hub, and The Marina Villas under construction.
• Sanctuary Properties LtdminorStrategic or Co-development PartnerProperty development company specialising in commercial and retail centres in Australia (Queensland).
• Superior ScaffoldsminorChannel Partner/ Reseller/ DistributorQualified scaffold installers with extensive knowledge of scaffolding for access requirements meeting health and safety obligations.
• Green HomesminorStrategic or Co-development PartnerPre-designed or custom designed energy efficient homes. At the cutting edge of sustainable building. Partner for house and land packages at Pauanui.
• Accurate CeilingsminorChannel Partner/ Reseller/ DistributorCeiling design and installation from modular grid to sophisticated high-performance ceiling systems with focus on quality and efficient service.
• Cobalt InteriorsminorChannel Partner/ Reseller/ DistributorAffordable office fit outs in Greater Auckland area. Established in 1997 with customer base of major institutions, corporations, professional bodies and stand-alone companies.
• EcoplusminorChannel Partner/ Reseller/ DistributorSupplier of innovative suspended ceiling systems, acoustic ceiling solutions and decorative wall treatments.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• Precinct Properties New Zealand: NZ-listed commercial property company focused on premium Auckland office and waterfront assets, including properties in the Viaduct Harbour and Wynyard Quarter precincts. Direct overlap with Watts Group's Mastercard House in Viaduct Harbour.
• Argosy Property Limited: NZ-listed industrial and commercial property landlord with a portfolio of industrial, office, and retail assets primarily in Auckland. Comparable to Watts Group's Mt Wellington industrial (15B Vestey Drive) and Tauriko industrial holdings.
• Vital Healthcare Property Trust: NZ-listed property trust specializing in healthcare and associated commercial property. Regional NZ property investor with comparable dual function as owner-operator and asset manager.
• Kiwi Property Group: New Zealand's largest listed diversified property company, owning and operating commercial real estate assets across Auckland and other major NZ centers. Direct peer to Watts Group's commercial leasing and asset management activities including Mastercard House and Vestey Drive.
• Stride Property Group: NZ-listed diversified property group investing in commercial, industrial, and retail real estate. Comparable in scope to Watts Group's diversified commercial/industrial leasing operations across Auckland.

Broad incumbents

• Lendlease Corporation: ASX-listed global real estate and construction group with major development and asset management operations across Australia and globally. Comparable as a large-scale diversified property developer with construction capabilities.
• Stockland Corporation: ASX-listed diversified property developer with masterplanned communities, commercial, retail, and logistics assets across Australia. Comparable to Watts Group's mixed residential/commercial development model, particularly through Sanctuary Properties in Queensland.
• Fletcher Building Limited: NZ-listed integrated building materials, construction, and residential development group. Comparable to Watts Group's combined development + construction (Watts & Hughes) platform, but at substantially larger scale across NZ and Australia.
• Goodman Group: ASX-listed global industrial property group with significant New Zealand industrial portfolio, particularly in Auckland. Established incumbent in the same industrial leasing segment where Watts Group operates Tauriko and Mt Wellington assets.

Emerging players

• Centuria Capital Group: ASX-listed diversified property fund manager with industrial, office, and healthcare real estate across Australia and New Zealand. Comparable asset management and investment approach to Watts Group's property investment and leasing operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Watts Group Investments