Palmerston North Māori Reserve Trust

Palmerston North Māori Reserve Trust

The Trust is governed by a board of 9 Trustees, with Liz Mellish being the current Chairman. Trustees are elected by the beneficial owners.

There are currently 1,062 beneficial owners with many other whanau through those beneficial owners.

With total assets of $103m as at 31 March 2019 the beneficial owners have been achieving a very good economic return from their assets.

The Trust currently owns a total of approximately 13 hectares of land in central Palmerston North. It also owns a property in Thorndon, Wellington.