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Properties and Investments

Trust Porirua owns 2 properties at Serlby Place (currently housing The Ledge and Red Rat Clothing) and Mana Esplanade (currently housing The Sandbar pub).

The Trust manages investments on behalf of the community. These are currently with Gareth Morgan Investments and First New Zealand Capital and, as at year end March 2017, totalled $2.475M.

Revenue from these investments is used to fund tertiary scholarships and the occasional grants and for causes and people within our city.