Hardie Pacific has 50 years’ experience in the New Zealand and Australian property sectors. During this time, as a complement to the property portfolio, the group has made regional pacific investments in energy, minerals, biotech and tech.
The South Island mineral projects continue to gather momentum. Feasibility studies continue for the combined Westland mineral sand resources. Resource definition drilling is planned for several of the mineral sand projects.
The Smylers Deep drilling programme continues to target the Hyde Macraes Shear Zone mineralisation. Three diamond rigs will be onsite for the year. 2020 drilling targets include; down dip of the Golden Bar and Taylors ore body’s, west of the Nunns prospect at Hyde and eastern extensions of the Kensington and Hooper prospects.
Evaluation of greenfield critical element and slow release potash projects is underway.
BioTech investments in NZ will look to commercialise and further develop discovered novel compounds. Work continues extracting and isolating compounds from other species with known medicinal properties. In Australia, our biotech team are furthering their studies on a peptide and are closer to starting human trials.
Hardie Pacific continues with quality land development in 2020 as the Hunter Region continues to sell with stage 2 of The Retreat to opening late January 2020.
Hardie Pacific continued with quality land development in 2019, bringing to the market the lifestyle lots of The Retreat at Singleton, and affordable large residential lots at Austral Corner in Nulkaba.
The Smylers Deep drilling successfully targeted the Hyde-Macraes Shear Zone, discovering further extensions to known areas of mineralisation and extending the strike of the shear to the east.
Garnet mineral sand resource definition drilling and feasibility studies were completed in South Westland, with further work planned for 2020. Initial field work and sampling on our green field critical element projects was completed, with second stage work programmes in the planning stages.
BioTech investments completed various biological investigations with positive results. Initial PCT applications were successfully filed for newly discover novel compounds. Advances were made on other compounds and species establishing a development pipeline for novel compounds.
New York based Viddie’s investments, Moodcaster and Pitchtape went live and Goldi launched into the Australian market.
By mid 2018, Hardie Pacific had sold its entire land developed stock.
The NZ Heavy Mineral sand projects on the Westcoast gained momentum with encouraging grades and increasing resource tonnage identified. A shallow drilling programme at the Smylers gold project in Otago was supplemented by two larger rigs drilling to test mineralisation at depth.
New York based tech company viddie was launched, with two of its subsidiary companies also launching successfully. 2018 was an exciting period as the companies began building market share.
Hardie Health Biotech lodged their first patent for one of its recently discovered novel compounds.
Hardie Pacific’s developments at Windella Waters, Hunter Highlands, Rosehill and Wallaroo were completed, delivering quality lifestyle blocks of a minimum one acre in size to a range of owner-occupiers, investors and first home buyers.
Further forays into biotech were made with research into plants with known natural remedial qualities, along with harnessing peptide-based therapy to control inflammatory diseases. Partnering with global universities, both of these projects are adding to known science.
Passive interests in several New York based tech start-ups signalled a new era of investment for Hardie Pacific.
2016 signalled a year of massive change for Hardie House with the sale of Sweetwater Wines and its flagship head office, the heritage listed “Hardie House” at 106 King Street, Sydney. Hardie Pacific had owned these sites for over 20 years, and developed both of these properties to an exceptional level of detail that is being enjoyed by the new owners. The remaining few subdivision sites were developed into quality home subdivisions, some with house and land packages. These sites have been supplemented by further recent development acquisitions in the mid Hunter. This left the group well placed to continue to supply quality home sites through 2017 and into 2018.
The resource investments were focused on petroleum, gold, rare and heavy earth minerals, and an office in the Solomon Islands was established. The group made a foray into biotech after a chance discovery in the Solomon Islands.
2010 – 2015
This period saw Hardie Pacific complement its property portfolio with investment into the resources sector. The majority of land holdings were sold, other than several key residential subdivisions with development approval ready for construction and sale.
Hardie Resources assets in New Zealand, Papua New Guinea and the Solomon Islands became a stronger focus of the group. Hardie Pacific diversified into oil, gas, coal, gold, potash and industrial garnet sands.
2005 – 2010
During 2005, Hardie Energy was formed to reflect the business’ move into energy and related infrastructure including coal, oil and gas exploration. 2005 also saw the creation of subsidiary Biodiversity Land Pty Ltd, the first dedicated biodiversity land company in NSW. The move was in response to the growing public awareness for protection of the environment.
In 2008 and 2009, Hardie Energy became involved in numerous energy and resources projects throughout Australia which led to Duncan Hardie and others forming Apollo Gas, along with a number of other resource ventures.
2000 – 2004
In 2000, Duncan resigned from the Board of the Goodman Hardie Industrial Property Trust, when it merged with Macquarie Bank, forming Macquarie Goodman Industrial Property Trust. Macquarie Goodman became a major world player in Industrial Property.
At this time Hardie Pacific focused its expertise on a private land portfolio, particularly targeting freehold land with coal deposits. There was a continued expansion into industrial, commercial and residential land holdings in NSW, particularly in the Hunter Valley. In 2001, Hardie Pacific further diversified the portfolio by purchasing its first biodiversity land.
1994 – 1999
1995 saw the Goodman Hardie Industrial Property Trust (GHIPT) raise over $28 million in a public float and list on the Australian Stock Exchange with $73 million of industrial property assets. Over the next 5 years the Trust grew to $500 million of assets.
In 1999, Goodman Hardie took over British based Capcount Property Trust for $275 million, becoming one of Australia’s largest industrial property trusts. Around this time, Hardie Pacific acquired land, forming the basis of its land subdivision portfolio.
1986 – 1994
In 1986, Hardie Pacific founder Duncan Hardie acquired his first three industrial properties in Sydney and invited the Goodman family to co-invest in the venture. Together they established Goodman Hardie Pty Ltd, a private industrial trust that acquired and developed Sydney industrial assets into the 1990s.
1975 – 1985
Active refurbishment of existing residential and industrial property throughout central New Zealand cities. As the group expanded, we were conscious that if we were to venture across the Tasman Sea to Sydney, the market was not only much larger, but also had much more opportunity.