The keys to unlocking Maritime Marine Holding and Northport's land value

The keys to unlocking Maritime Marine Holding and Northport's land value
Northport's planned expansion could increase demand for land. (Image: NZME)
Ian Llewellyn
Marsden Maritime Holdings' fortunes as a now private company rely heavily on unlocking the potential of its land around Northport, which is currently valued at less than five times that of its neighbour, Channel Infrastructure.All the necessary approvals for the takeover of Marsden Maritime Holdings (MMH) have been gained, and it delisted from the NZX on June 26.Under the deal, Port of Auckland, which had a 19.9% stake in MMH, and other minority shareholders sold up leaving the Northland Regional Council (NRC), Port of Tauranga (POT),...

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