A History of Commercial Property Development
This commercial property development is a joint venture between John Sax’s Southpark Corporation Ltd and Inky Tulloch and Paul Johnstone’s Stewart Transport Ltd. All three directors have a long track record of significant and successful commercial property development projects across New Zealand.
Southpark Corporation specialises in commercial, industrial and residential property development and management, as well as utilities distribution. To date, the company have successfully completed over 60 projects mainly for internationally recognised companies. It is the largest holder of vacant land within ‘industrial areas’ of Auckland. Southpark has been a leader in the redevelopment of much of the former ‘smoke stack industries’ within Auckland such as Southdown Freezing Works – formerly owned by Affco, Hellaby Works, Shortland Works, Taniwha Works, Pikes Point, Roscommon Quarries and brings expertise and capability to the Waterloo Business Park development.
In addition, Southpark operates a Utilities Company supplying water, gas, fibre and power to various properties in their portfolio.
Inky Tulloch and Paul Johnstone of Stewart Transport, both from Southland, have a long history of commercial enterprise in the South Island. As well as owning Tulloch transport Inky was a previous Mayor of Gore and also owns Tulloch Motorsport and is still racing today. They purchased the property originally in 2005 from PPCS and started planning not long after. Following the earthquakes they brought John Sax and the Southpark team on board to work as a Joint Venture partnership. Having completed the successful design build for Davis Food Ingredients and Tulloch Transport at Waterloo – the Stewart Transport team are well underway with their plans for the business park.
Jim Veitch (WBP Independent Chairman) is a widely experienced and successful business leader with a passion for people. He is a Business Advisor and Director working with a number of companies and organisations especially in the areas of strategy, development, marketing and retail. His previous roles have been with Giesen Wines Ltd as General Manager, Progressive Enterprises (Countdown) as CEO, a Director of Selwyn Investment Holdings Ltd and Chairman of Baptist Action – a large Auckland based social services organisation. Jim gained his BCom at Otago University and is a member of the Institute of Directors.