The Britomart project is founded on a public-private collaboration between the Britomart Group of companies and Auckland Council. Cooper and Company is the asset and development manager for the Britomart Group which holds a contract for the long-term ownership and development of the Britomart Precinct.
Cooper and Company is a private investment company with offices in Auckland, California and Texas. It was founded in 1989 by Peter Cooper, a New Zealander who divides his time between New Zealand and the US.
Cooper and Company invests in, manages and develops assets on a long-term basis in two main areas. These are real estate, in both New Zealand and the United States, and private equity, with a focus on financial services and energy solutions.
The Winning Tender
In 2002 the Britomart development contract was put up for tender by Auckland City Council.
One of the bidders was the Bluewater Consortium, led by Cooper and Company, then known as Bluewater Management Company.
After a lengthy and highly competitive international bid process, the Britomart contract was awarded to the Bluewater Consortium in 2004.
In 2006 Bluewater Management Company bought out its partners in the Consortium and in April 2008 changed its name to Cooper and Company.
Day to day property, facilities and precinct management of Britomart and the Britomart Car Park including its valet service is provided by Britomart Group Management Company, with Cooper and Company having responsibility for strategic asset management, including property development.
Other Company Activities
Cooper and Company also manages a hospitality business offering luxury private accommodation at The Landing Residences.
In addition, Cooper and Company manages Arena Car Park (near Britomart) which provides event parking for shows at Vector Arena.