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The Treasury Official Information Regarding Kiwifruits Project Rex Phase 1 May 2024 This document has been proactively released by the Treasury and Minister of Finance on the Treasury website at https://www.treasury.govt.nz/publications/informationrelease/officialinformationregardingkiwirailsprojectirexphase1.
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Contact KiwiRail to obtain the recommended build-and-sell option.
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Property developers looking to maximize their investment potential by working with KiwiRail on build-and-sell projects.
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Individuals or companies interested in participating in the development and sale of properties located in KiwiRail's network or properties adjacent to rail infrastructure.
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Kiwirail recommended build-and-sell option is a strategy where Kiwirail recommends certain properties or assets to be built and then sold to interested buyers.
Kiwirail management or designated officials are required to file the recommended build-and-sell option.
The recommended build-and-sell option must be filled out with details of the properties or assets recommended for sale, potential buyers, and estimated selling prices.
The purpose of the recommended build-and-sell option is to maximize revenue for Kiwirail by selling underutilized or surplus properties or assets.
The recommended build-and-sell option must include details of properties or assets, potential buyers, estimated selling prices, and justification for the sale.
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