Tarawera Land Company is a wholly owned and controlled subsidiary of Maori Investments Limited. It was incorporated in 2004, with its primary purpose being the vehicle to purchase the Tarawera Forest lands from Tarawera Forest Limited.
The Company’s most strategic asset is the Tarawera Forest which is approximately 29,000 hectares. Of this estate, approximately 21,000 hectares is planted in pine forest, of which there are two Forestry Rights: the first in favour of Tiaki Plantations; and the second to Kaingaroa Timberlands.
A substantial part of Maori Investments Limited’s income arises from the dividend paid by Tarawera Land Company from the rental received on the Forestry Rights.
Tarawera Land Company pays Maori Investments Limited a management fee for the administration and day-to-day operations of the Company.