Chalmers Properties Ltd began trading in 1998. It is a 100% owned subsidiary of Port Otago Ltd whose 100% shareholder is Otago Regional Council.
Its core activity is commercial property investment. Chalmers manages its investment portfolio through active acquisition, property development and at times divestment to produce a diversified portfolio by property type and location. It focuses on achieving long- term value gain while limiting exposure to undeveloped land.
Chalmers investment portfolio is geographically spread with investments in industrial, office and bulk retail sectors across Auckland, Hamilton and Dunedin. Its Dunedin holdings comprise over 65ha of industrial ground leases around the inner harbour.