Category: Australia & New Zealand

Top 10 Property Management Companies in New Zealand

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New Zealand’s property management market brings similarities to Australia’s. You mostly find small-sized firms that cater to individual house owners or commercial property owners.

It’s not strange, as it has a small population and homeowners predominantly live in houses.

In places like Vietnam and Thailand, on the other hand, multinationals like Savills have a strong presence as they focus on property management for condominiums.

In this article, I list some of the most popular and established property management in New Zealand, focusing on Auckland and Wellington.

1. Quinovic

Quinovic started in 1988 and is a franchise network. At the moment, they have 34 offices located all over New Zealand but with a focus on the Auckland market, where you can find 13 offices.

The company has thousands of properties under its umbrella and have developed their own systems to maximize returns and for customer satisfaction. Continue reading Top 10 Property Management Companies in New Zealand

Top 8 Property Management Companies in Australia

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Australia has a noticeably different property market compared to other Asia Pacific countries.

While people cramp into apartments in Shanghai, Seoul, Ho Chi Minh City, and Bangkok, living in a house is the standard for most in Australia.

As a result, you rarely see multinationals like Savills taking care of property management. The company is more known for managing large-sized condominium projects in Southeast Asian countries, for example.

Instead, you primarily find domestic companies that offer property management services. The companies are smaller and focus on specific cities.

In this article, we review the top property management companies in Sydney, Melbourne, and Brisbane.

Sydney

Rent360

Rent360 is a leading property management company and headquartered in Sydney. Continue reading Top 8 Property Management Companies in Australia

Buying Industrial Real Estate in New Zealand: A Full Guide

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Do you plan to buy property in New Zealand?
Click here to get in touch with an experienced agent

New Zealand is rated the best country to do business in the world and excels in various industries. It’s one of the biggest producers of agricultural products and exports the most dairy products to Asian markets.

Even if the food and agriculture sector accounts for around 56% of the merchandise trade exports, other industries grow. The information technology and manufacturing industries are growing at an impressive rate.

Increasingly more investors target industrial properties, a market that is less overheated and can generate better yields than the residential market.

Today, we review the following:

  • Can foreigners buy industrial real estate in New Zealand?
  • Using a Company to Invest in Industrial Property
  • New Zealand’s Industrial Real Estate Market
  • Benefits of Investing in Industrial Properties
  • Industrial Clusters in New Zealand

Can foreigners buy industrial real estate in New Zealand?

New Zealand has preferable ownership regulations, foreigners generally have no issues buying commercial real estate. Continue reading Buying Industrial Real Estate in New Zealand: A Full Guide

Buying Office Space & Buildings in New Zealand: The Ultimate Guide

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Do you plan to buy property in New Zealand?
Click here to get in touch with an experienced agent

New Zealand is ranked as the best country in the world for ease of doing business. The country attracts much foreign investment and has multiple free trade agreements, low taxes, and top-ranking universities.

Property buying regulations are straightforward and you’ll come across fewer hurdles compared to investing in developing countries like Vietnam and the Philippines.

With that said, you must get your feet wet before engaging in the market. This is particularly the case if you plan to invest in commercial real estate and where properties can cost tens or hundreds of millions of US dollars.

In this article, I explain the basics when buying office space and buildings in New Zealand, covering the most important topics.

Topics covered:

  • Can foreigners buy office space in New Zealand?
  • Regulations When Investing in Office Space
  • Assessing Office Space & Buildings
  • New Zealand’s Office Market
  • Best Cities to Invest in Office Space

Can foreigners buy office space in New Zealand?

New Zealand’s residential property market is one of Asia Pacific’s most overheated, a reason why the government has introduced strict foreign ownership requirements. Continue reading Buying Office Space & Buildings in New Zealand: The Ultimate Guide

How to Buy Industrial Real Estate in Australia: A Full Guide

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Do you plan to buy property in Australia?
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Australia has one of the most developed industrial real estate markets in Asia.

Mining, construction, agriculture, electronics production, and automotive are at the core of domestic production, contributing much to the economy.

Yet, we’ve seen little investments in the industrial property market by comparison as the retail and office markets get most of the attention. Both local and overseas investors have followed this trend.

This is changing and the industrial market is pacing up due to the rise of eCommerce and the need for advanced logistics facilities.

The demand for industrial real estate will increase as companies take measures due to shortages and excess inventories experienced during the pandemic. We review this in greater detail later.

Topics covered:

  • Can foreigners buy industrial real estate in Australia?
  • Investment Threshold Values for FIRB Approval
  • Australia’s Industrial Real Estate Market
  • Industrial Clusters in Australia

Can foreigners buy industrial real estate in Australia?

Investing in industrial real estate is generally straightforward and regulations transparent. Continue reading How to Buy Industrial Real Estate in Australia: A Full Guide

How to Buy Office Space & Buildings in Australia: The Complete Guide

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Do you plan to buy property in Australia?
Click here to get in touch with an experienced agent

While Australia’s residential real estate market has reached all-time highs and the government introduced stricter buying regulations, the commercial property market gains more interest from investors.

Investments in office space have accounted for around 80% of total investments by foreigners in the previous decade, with retail properties accounting for a bit more than 10%.

Around a quarter of investors in commercial real estate are foreigners.

While Sydney and Melbourne are considered some of the most important to the APAC economy, smaller cities like Hobart and Adelaide get increasingly more attention.

In this article, we review how you can invest in Australian office space and buildings.

Topics covered:

  • Can foreigners buy office space in Australia?
  • Australia’s Office Market
  • Cities to Invest in Office Space

Can foreigners buy office space in Australia?

Australia attracts many residential property investors and primarily in Melbourne, Sydney, and Brisbane. Recently, we’ve also seen a greater uptake in smaller cities like Hobart, the capital of Australia’s island state of Tasmania. Continue reading How to Buy Office Space & Buildings in Australia: The Complete Guide

How to Buy Land in Australia: A Complete Guide

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Investing in Australian land plots is comparably easy to other Asian countries like Thailand, the Philippines, and Indonesia.

Foreign investors generally only have to apply for approval to the Foreign Investment Review Board (FIRB), but few applications have been rejected.

Worth mentioning is that your nationality and what land type you plan to buy affect the requirements. In this article, I present the key information when foreigners buy land in Australia.

Topics covered:

  • Can foreigners buy land in Australia?
  • Land Types Available to Foreigners
  • Process of Buying Land in Australia
  • Land Prices in Australia
  • Taxes

Can foreigners buy land in Australia?

Australian citizens can own land on a freehold basis, which is contrary to developing countries like Vietnam where land is controlled by the state. As such, in this article, we primarily focus on how it works when foreigners acquire land in Australia. Continue reading How to Buy Land in Australia: A Complete Guide

Buying Property in Australia: The Definitive Guide

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Australia is a popular choice when people from places like Hong Kong, Singapore and China look for properties overseas.

The Australian property market has grown remarkably fast over the years and prices have reached unsustainable levels in places like Sydney and Melbourne. Not surprisingly, many locals move to smaller cities.

Australia will continue to attract foreign real estate buyers over the years, might it be future retirees or people who want to send their kids overseas to study.

Before you buy property here, it’s important that you get your feet wet and learn about local buying regulations, property taxes, the best places to buy, and more.

In this article, I explain the details you need to know when buying real estate as a foreigner in Australia.

Topics covered:

  • The Australian Property Market in Previous Years
  • The process when buying a property in Australia
  • What is a temporary resident in Australia?
  • Which properties can I buy as a non-resident?
  • What is a ‘dwelling exemption certificate’?
  • How do I apply for a foreign investment approval?
  • What is FIRB?
  • Property Taxes in Australia

The Australian Property Market in Previous Years

The US and other European countries suffered hard from the subprime crash in 2008, seeing house prices plummeting. Surprisingly, the Australian property market wasn’t affected as much. Continue reading Buying Property in Australia: The Definitive Guide

Investing in Australia REITs: A Complete Guide

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Australia has one of the most transparent, developed, and refined REITs markets in the world. With its first REIT introduced in 1971, it was only behind the US, Taiwan ROC, and New Zealand to introduce REITs.

Nowadays, around two-thirds of all institutional-grade properties are publicly offered on the stock exchange and securitized, the highest rate in the world.

Some of the REITs are known for performing significantly well and a few years back investors could enjoy increases of 10% annually.

Even if A-REITs are frequently mentioned in the media and can be lucrative investments, there’s limited information online on how you can start investing in the trusts as a foreigner.

Topics covered in this article:

  • Can foreigners buy REITs in Australia?
  • Foreign Institutional Investments in REITs
  • How can I invest in REITs in Australia?
  • What are the benefits of buying Australian REITs?
  • List of Australian REITs

Can foreigners buy REITs in Australia?

Publicly traded A-REITs are often listed on major stock exchanges and can be bought with the help of brokers. It’s as simple as that. Continue reading Investing in Australia REITs: A Complete Guide

Investing in Australia Commercial Property: A Complete Guide

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Do you plan to buy property in Australia?
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Australia is popular among commercial property investors who look for a politically stable country with a strong economy in the Asia Pacific.

With a growing population, especially in the bigger cities, we’ll see a greater demand for commercial property here in the future.

Commercial property can give you high returns, but is rarely talked about compared to residential property. In fact, commercial property generally gives you a return of 5% – 12%, while residential property averages at around 3% – 4% in Australia.

In this guide, you’ll learn how you can invest in commercial property in Australia as a foreigner, where to invest, how high the taxes are, and more.

Can foreigners buy commercial property in Australia?

Foreigners generally don’t have any issues to invest in commercial property. However, you sometimes need approval from the Foreign Investment Review Board (FIRB).

Continue reading Investing in Australia Commercial Property: A Complete Guide