Omataroa Rangitaiki No. 2 Trust

 

Our Business

Omataroa Rangitaiki No 2 Trust is a Ngāti Awa Ahu Whenua Trust based in the Eastern Bay of Plenty, Aotearoa.  The Trust was established by an order of the Maori Land Court on 10 April 1970. The Trust has a total of 2,322,500 shares with approximately 10,950 owners. 

The Trust’s commercial activities comprise of forestry leasing, commercial and residential properties and a mixed investment portfolio.

The Forestry lease  generates the majority of Trust income. Operating assets include residential and commercial property and farmland.  The Trust’s financial assets include long-term investments and a range of listed equities.

The Trust regularly considers investment opportunities that are aligned to sustainable development and growing the asset base on behalf of the owners. 

Around $348k per annum is allocated for distributions to owners. These distributions may be to individuals (e.g. Education Grants) or groups (e.g. Marae grants).  The distribution funding is managed via both the Trust and the Omataroa Rangitaiki No 2 Charitable Trust.

A number of partnerships with Ngāti Awa commercial entities and other businesses provide a diversified portfolio for the Trust across investments in dairying, kiwifruit and Manuka honey. 

https://www.omataroatrust.com/our-business.aspx