Calder Stewart Targets $3B in Wind Power and Industrial Developments Across New Zealand

Calder Stewart is poised for significant growth with over $1.5 billion in property projects completed recently and plans for $3 billion in future developments, including renewable energy initiatives. Increased demand for logistics and industrial space is driven by strong export growth in New Zealand's primary industries.

Published Mar 31, 2026

Calder Stewart has delivered over $1.5 billion in property projects across New Zealand in the past three years, with plans to potentially double this volume in the next 3-5 years. The company holds approximately 900 hectares of industrial-zoned land and is developing projects including a $3 billion wind farm in Awarua Quadrant and a $2.5 billion inland port project at Milburn Quadrant.

AI-curated by Theia

Demand for logistics and industrial buildings is escalating due to rising food and fibre export revenues, projected to reach $62 billion in FY 2024. The firm also emphasizes the need for modern facilities to support the growing automation and consolidation trends in the industry, which could lead to increased employment in the sector.