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Zespri plans new $43m head office

NZ Newswire logoNZ Newswire 6/12/2016 Tina Morrison
Image of Kiwifruit exporter, Zespri © Bloomberg Image of Kiwifruit exporter, Zespri

Zespri Group plans to start construction next year on a $42.8 million head office to create a hub for the expanding kiwifruit industry.

The three-storey complex will be built on Zespri's current site in Mount Maunganui, with work scheduled to start in the first quarter of next year and slated for completion by the end of 2018, the company said.

Its current 1970s brick building will eventually be demolished and replaced with parkland.

Zespri, the country's kiwifruit export marketing body, expects retail sales of the fruit to rise to around $2.3 billion in the 2016/17 season, from $1.9b last year, and it said today the new building would provide the facilities to support its future growth to $4.5b in revenue by 2025.

"Zespri has well and truly outgrown our existing building as the organisation has grown to support our industry's rapid progress," Zespri chief financial officer Dave Hazlehurst said.

The new building will be a hub for the kiwifruit industry with facilities to host growers and office space for other kiwifruit organisations, he said. It will also serve as a venue to host international trade, government and media delegations on behalf of the industry.

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