Name

Aedifice Property Group

Legal name

Aedifice Property Group

Website

https://aedifice.co.nz

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

akta.pro secondary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Residential property development
• Townhouse developments
• Apartment developments
• Master-planned communities
• Real estate development

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Property Sales: Aedifice Property Group generates revenue by developing and selling residential properties including townhouses, apartments, and land sections. Completed developments are sold to first home buyers, investors, and owner-occupiers. Revenue is one-time per unit at point of sale.
2. Wholesale Investment Fund (Aedifice Capital): Aedifice Capital raises capital from wholesale investors (minimum NZ$750,000) to fund property development projects. Returns of 9% p.a. before tax are offered over an investment term of up to 3 years. This funds the development pipeline across multiple housing precincts.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Aedifice Property Group is a New Zealand residential property developer that plans, designs, and develops master-planned communities, terraced townhouse developments, and boutique apartment complexes across Auckland, Queenstown, and Wanaka. The company sells completed freehold homes and sections to first home buyers, investors, and owner-occupiers via appointed real estate agencies and on-site sales offices. A wholly-owned capital arm, Aedifice Capital, raises wholesale investor funds (minimum NZ$750,000) to finance the development pipeline.

Product overview

Aedifice Property Group is a New Zealand residential property developer offering a portfolio of townhouse and apartment developments across Auckland, Queenstown, and Wanaka. The company operates as a single-entity developer rather than a platform model, with individual named developments as distinct product offerings. Core products include master-planned communities (Limeburners Bay with 369 townhouses in Hobsonville, Kohe with 600+ lots in Pukekohe, Selo with 236 townhouses in Glen Eden), apartment complexes (Kauri Residences with 53 units in Browns Bay, Soma Apartments with 38 units in Grey Lynn), and various townhouse developments ranging from 7 to 72 units. The company also offers an investment fund through Aedifice Capital for wholesale investors. Property prices range from approximately $769,000 to $2.695 million across various configurations (2, 3, and 4-bedroom townhouses and apartments). The company was founded in 2012 and has completed 20 projects with $400 million in completed projects value.

Differentiator

Problem solved

Functional benefit

Products and services

• Limeburners Bay Large-scale coastal master-planned development at Hobsonville Peninsula with 369 townhouses (mix of 2, 3, and 4-bedroom configurations) on a 75,000m2 waterfront site overlooking the Waitematā Harbour. Stage 1 (63 townhouses) completed.
• Kohe Extensive greenfield development over 27 hectares in Pukekohe, South Auckland. Approximately 600+ freehold sections plus a Commercial Village and childcare facility with capacity for 150 children. Earthworks completed; lots now selling.
• Selo Master-planned townhouse development in Glen Eden, Auckland with 236 townhouses (2, 3, and 4-bedroom configurations) plus a commercial precinct. Features community orchard, play park, EV charging, and a customised village-wide fibre network delivering superfast internet. Valued at $190 million.
• Kauri Residences Boutique apartment collection of 53 apartments and 4 commercial premises in Browns Bay, 300 metres from the beach. Five-floor building with a mix of 1, 2, and 3-bedroom apartments plus 5 luxury penthouses. Completed 2023, valued at $52 million.
• Riverside Residences Terraced townhouse development of 62 townhouses (1, 2, and 3-bedroom configurations) in Albert Town near Wanaka, beside the upper Clutha River. Features alpine aesthetic with monopitch rooflines. Sold out, valued at $39 million.
• Scott Point Estate Greenfields coastal residential subdivision on 19 hectares in Hobsonville, comprising 350 sections. Developed in partnership with B.A. Group. Completed 2019, valued at $230 million.
• Soma Apartments Six-level boutique apartment complex in Grey Lynn, Auckland with 38 apartments (including 6 luxury penthouses) and 237sqm of ground-floor commercial space. Constructed by Federal Group. Completed 2018, valued at $34 million.
• La Residence du Parc Apartment development in Arthurs Point, Queenstown, comprising two buildings plus freehold sections, overlooking the Shotover River. 59 apartments and sections built using NUDURA insulated concrete forms for energy efficiency. Valued at $49 million.
• La Residence du Lac Luxury apartment development of 40 apartments on the shores of Lake Wakatipu in Queenstown, designed by Southern Architecture. Valued at $17.5 million.
• La Residence de la Plage Beachfront development at the northern end of Orewa Beach comprising 6 two-storey townhouses and 20 walk-up apartments. Valued at $19 million.
• La Residence de la Mer Boutique seaside development in Orewa with 31 apartments and 2 townhouses across two three-storey buildings, designed by Morrison Architects. Completed 2021, valued at $24 million.
• Orchard Lane / Cherry Lane Two-stage terraced townhouse development in Henderson, Auckland. 72 townhouses total comprising Cherry Lane (KiwiBuild homes) and Orchard Lane (35 open-market 2 and 3-bedroom units). Completed 2022, valued at $45 million.

Quantifiable outcome

• Over 90% of properties under contract in Stage 1 of Selo development
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

15 partnerships are on record, tiered core, major and minor.

• BDG ArchitectscoreStrategic or Co-development PartnerBDG Architects has been operating in Auckland for over 40 years. They are the architect for major Aedifice projects including Limeburners Bay (Hobsonville) and Selo (Glen Eden). Led by Architect Ben Collings, they share Aedifice's vision for transformative, community-focused developments.
• Chancellor ConstructioncoreImplementation/ SI/ Consulting PartnerChancellor Construction is a premier New Zealand construction company with over 10 years of local building history, focused on innovation and client satisfaction. They have built award-winning projects including Selo and are currently constructing Limeburners Bay, using sustainable building practices.
• CivixmajorStrategic or Co-development PartnerCivix is a multidisciplinary company consisting of planning, engineering and surveying. Director Nick Mattison and his team have worked closely with Aedifice since 2012 on projects ranging from boutique townhouse developments to complex master-planned developments, overseeing projects from inception through completion.
• Greenwood AssociatesmajorStrategic or Co-development PartnerLandscape architects with over 25 years in the New Zealand landscape industry. They designed the master landscape plan for Limeburners Bay, including tree-lined streetscapes, shared green spaces, and waterfront promenade. Their holistic approach was critical for creating the new community environment.
• Zone One Property GroupminorStrategic or Co-development PartnerZone One Property Group was Aedifice's development partner on the 8 Chivalry project in Glenfield (14 townhouses, $10.4 million, completed Q4 2022).
• Bayleys Real EstatecoreChannel Partner/ Reseller/ DistributorBayleys is appointed as a sales agency for Aedifice's active developments. Agents Matthew Haines and Jevin Chao represent Limeburners Bay sales.
• Wallace Real EstatecoreChannel Partner/ Reseller/ DistributorWallace is appointed as a sales agency for Aedifice's developments. Agents Mitchell Eades and Julia Liu handle Limeburners Bay and Selo sales.
• G.J. Gardner HomesminorImplementation/ SI/ Consulting PartnerG.J. Gardner Homes was the builder for Waimana Rise (Massey) and Woodglen Ridge (Glen Eden) townhouse developments.
• Federal GroupminorImplementation/ SI/ Consulting PartnerFederal Group was the construction contractor for Soma Apartments (Grey Lynn, Auckland) - a boutique 6-level apartment complex with 38 apartments completed in 2018.
• B.A. GroupminorStrategic or Co-development PartnerB.A. Group was the contractor for Scott Point Estate (Hobsonville) - a 350-section greenfields coastal subdivision valued at $230 million, completed in 2019.
• Matz ArchitectsmajorStrategic or Co-development PartnerMatz Architects designed Kauri Residences (Browns Bay) and Riverside Residences (Albert Town/Wanaka). Known for a unique alpine aesthetic fitting spectacular surroundings, with expertise in Central Otago residential design.
• Ozac ArchitectsminorStrategic or Co-development PartnerOzac Architects designed Kaipatiki Rise (Glenfield) - a boutique 9-unit development of 2-bedroom terraced townhouses, completed in 2020.
• Morrison ArchitectsminorStrategic or Co-development PartnerMorrison Architects designed La Residence de la Mer (Orewa) - a boutique seaside development with 31 apartments and 2 townhouses completed in 2021.
• Koia ArchitectsminorStrategic or Co-development PartnerKoia Architects designed La Residence du Parc (Arthurs Point, Queenstown) - an apartment development using NUDURA insulated concrete forms.
• NZ Green Building Council (NZGBC)minorOthersAedifice Property Group is a member of the NZ Green Building Council and is actively seeking ways to make projects more sustainable, incorporating the latest best practices in home designs and building mindfully to reduce carbon emissions.

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Mike Greer Homes: New Zealand residential home builder and developer operating across Auckland and the South Island. Similar entry-level to mid-tier townhouse and standalone house offerings targeting first home buyers and investors with comparable price-point positioning.
• Classic Builders: Major New Zealand residential developer and builder with a comparable multi-regional townhouse and subdivision model. Like Aedifice, Classic Builders delivers volume townhouse developments across Auckland and other NZ metros, targeting similar first home buyer and investor segments.
• Carlyon Group: New Zealand residential property developer with a portfolio of townhouse and apartment developments. Operates in comparable Auckland market with similar master-planned community orientation and target segments.
• Jennian Homes: Established New Zealand residential home builder with national franchise network. Competes with Aedifice in townhouse and standalone home delivery across Auckland, with comparable target customer segments and product range.
• Universal Homes: Large Auckland-based residential home builder and developer offering townhouse and house-and-land packages. Comparable to Aedifice in target market (first home buyers, investors), product type (entry-level to mid-tier townhouses), and Auckland growth corridor focus.
• Signature Homes: NZ residential builder-developer with multi-regional operations including Auckland townhouse and subdivision projects. Competes in similar first home buyer and investor segments with comparable product range and price points.
• Hugh Green Group: New Zealand family-owned property developer with multi-decade track record in residential subdivision and townhouse development across Auckland. Comparable scale and pipeline profile to Aedifice's large master-planned communities.

Regional players

• Oyster Capital: New Zealand-focused property investment and development company operating residential and mixed-use projects. Comparable in private capital structure and NZ residential focus, but with broader commercial exposure and larger-scale institutional capital base.
• Willis Bond: Wellington-based New Zealand property developer focused on residential, mixed-use, and commercial projects. Comparable in master-planning capability and design-led positioning, but operates primarily in the Wellington region rather than Auckland.

Broad incumbents

• Fletcher Residential: Residential development arm of Fletcher Building, one of New Zealand's largest construction and property companies. Operates at materially larger scale with broader portfolio (house and land, apartments) across NZ; directly comparable product overlap with Aedifice's master-planned community and townhouse offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aedifice-property-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 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 Aedifice Property Group