Reddy Construction Company is founded
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.
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.
The expansion of Tanoa Hotel Group
Through these years Reddy Group continued to add to their hotel portfolio in Fiji and NZ.
Reddy Group enters the financial services sector, launching Insurance Holdings Pacific
In partnership with a joint venture company, Reddy Group launched an insurance broking firm specialising in all forms of general and commercial insurance. It provides tailored, professional services and risk management solutions to large corporates, SME’s and individuals. IH Pacific is a Willis retail network partner.
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.
The Reddy Group manages a highly diversified and global portfolio
Fast forward to 2020, 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.