Tag: 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

Buying Industrial Real Estate in New Zealand: A Full Guide

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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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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 Property in New Zealand: A Complete Guide

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Foreign investors, especially from China, have invested heavily in New Zealand during the past years. One of the main reasons is that they want to find a stable place to allocate cash and for overseas studies.

Yet not only Asian investors decide to invest in New Zealand, but we also see many investors from the US, Malaysia, and other regional countries.

However, before you go into detailed planning, it’s important that you know if foreigners can even buy property, what property types are available, about taxes, and more.

In this article, you’ll learn the following:

Can foreigners buy property in New Zealand?

Previously, foreigners generally didn’t have any issues buying property in New Zealand.

However, the government has forbidden non-resident foreigners from buying established property, to curb escalating property prices.

According to the Overseas Investment Office (OIO), you need to increase the number of residences and then sell the lot as a non-resident. You can do this by, for example, converting the land or by constructing an apartment building where a house was previously built.

No one knows when this will be lifted, but for now, you need to look at other countries if you’re a non-resident and cannot fulfill these criteria.

Continue reading How to Buy Property in New Zealand: A Complete Guide

Top 10 Property Developers in New Zealand: A Complete Guide

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New Zealand has attracted many foreigners, especially Chinese, who wish to have a safe haven in the future. Property prices have increased much over the years, forcing the government to introduce cooling measures.

Not surprisingly, a preferred option is to buy off-plan property, giving you the opportunity to design and move into a brand new property. Therefore, I decided to write an article about some of the biggest residential property developers in New Zealand.

Let’s have a look.

1. Conrad Properties

Conrad Properties Group is one of the biggest property developers and investment companies in New Zealand. Conrad Properties is also known as the largest apartment developer as they mostly develop medium and high-rise apartment buildings.

Conrad Properties was founded in 1994 with its head office situated in Auckland. It also has regional offices in Sydney, Singapore, and Hong Kong. They develop properties outside of New Zealand, mainly in Australia, but also in Canada, Bermuda, China, and Singapore.

Property types

Almost all of their projects are high-rise apartment buildings. Although one of their first projects, G Urban Work Spaces, was a mixed-use project. After that, they’ve only developed residential apartment buildings.

Current projects

  • Queens Residences
  • The Ivory Epsom
  • Urba Residences
  • The Vincent
  • Soho Apartments

Future projects

Continue reading Top 10 Property Developers in New Zealand: A Complete Guide