In 1947, the Reddy Construction Company was formed and even in those early years, the Reddy family recognised the importance of strong partnerships. Through joint ventures, the company helped to build critically important infrastructure across the South Pacific including universities, hospitals, airport hangers, and international resorts.
Legacy
In 1947, Reddy Group began as a small family construction company in Suva, Fiji. Today, more than 75 years later, the Reddy Group has grown into a highly diversified global family office with strong values.
Reddy Construction Company is founded
Reddy Fletcher partnership
Reddy Construction entered a joint venture with Fletcher Construction (NZ) in the late 1970’s to undertake ambitious construction projects the University of the South Pacific building extensions, ANZ Bank complex in Suva, Lautoka and Suva Wharves, Sugar Mill boilers installation and the Sheraton Hotel in Denarau.
Tanoa Hotel Group is formed
Reddy Group has been investing in real estate and tourism for more than 60 years including the most recent acquisition, the Tanoa International Dateline Hotel in Tonga in 2017. There are nine South Pacific hotels in the Tanoa Hotel Group located in Fiji, Samoa, Tonga and New Zealand.
The acquisition of Clyde Equipment
With a presence in Fiji, Clyde Equipment represents the world’s leading equipment manufacturers. It is a South Pacific distributor and supplier of light, medium and heavy equipment and machinery for the construction, industrial, commercial and hospitality sectors, and is a subsidiary of Acrow NZ.
YP Reddy Recognised
Y P Reddy has received many distinctions for his service to the people of Fiji. He received an Order of the British Empire (OBE) in 1973 and The Companion of the Order of Fiji (CF) in in 1995. Mr. Y P Reddy is a life member of the Fiji Hotel Association and in 2000, received the lifetime achievement in excellence award for tourism in Fiji.
The expansion of Tanoa Hotel Group
Through these years Reddy Group continued to add to their hotel portfolio in Fiji and NZ.
Next Generation Reddy
Following accomplished independent careers, the next generation are proud to join the multi-generational family business. Rohit Reddy joins in 2002 and Kamini Reddy joins in 2011, together with Y P Reddy helping to shape the legacy for future generations.
The Tanoa Tusitala Hotel opens in Samoa
Reddy Group acquired the landmark Tusitala hotel in the middle of Apia and undertook a complete transformation and reopened it as the Tanoa Tusitala Hotel.
The Reddy Family Office is established
Rohit and Kamini Reddy establish the Reddy Family Office which includes the existing business and a newly created investment arm focusing on leveraging the Group’s financial strength and resources. The role of the Family Office was to incorporate a professional structure around long term asset allocation and investment decisions.
The Tanoa International Dateline Hotel opens in Tonga
Reddy Group acquired the iconic International Dateline Hotel in Nuku’alofa and immediately began a comprehensive full renovation and refurbishment. The Tanoa International Dateline Hotel opened in 2017.
Today
Fast forward to today, the Reddy Group is a highly diversified global family office with interests in tourism, real estate, hospitality, education and construction services. The Group continues to seek out new investment opportunities with like minded and aligned partners.