Whether you’re in the market looking to invest in a commercial property or you already own commercial real estate, you’ll want to ensure that you get the maximum return on your investment.
A party purchasing a business typically includes a restraint of trade provision in the contract. In consideration of the price, the purchaser requires comfort that the vendor cannot undermine the business by competing in such a way that compromises its value or goodwill. Penalties for breaching a restraint should also be considered at the time of contracting. The following case was recently before the High Court and demonstrates the issues at play.
If you are looking to relocate, refurbish or simply refit your existing offices, you'll no doubt be looking for professional help and guidance to support you through the process. There will be many questions and challenges that spring to mind, and whilst every organisation and office space is different, the fundamental questions at the outset are often the same.
Everyone knows that in real estate, it's about 'location, location, location', but what else? However when it comes to industrial property investments, there are many factors that come into play to make one location better than another. When you choose to purchase industrial property, you may have to decide whether to locate in the same city as your head office or move your operations to a more economically attractive city.
2019 is continuing the general themes of uncertainty that were with us in 2018. It's a case of some things better, some things worse, and some things just chugging along much as they were.
Today NAI Harcourts launches its second NAI Harcourts Key Assets commercial portfolio for 2019, which includes a selection of properties and businesses for sale and lease from around the country.
In this month's NAI Market Leader:
- Small footprint department stores could be the next big thing
- Bryan Thomson joins Harcourts New Zealand as Managing Director
Smart city - an urban area that uses different types of electronic data collection sensors to supply information which is then used to manage assets and resources efficiently. A smart city enables, empowers and advises people. It monitors the environment
for improvement and ensures choices available are visible and accessible.
Global economy - 2018 was a turbulent year for the global 1 economy, resulting in the worst year for global stock markets since the Global Financial Crisis. Four US Federal Reserve rate hikes, trade wars, uneven global growth, an increasingly fragile Chinese economy, emerging market stress, Brexit, surging and tumbling oil prices, flattening yield curves and Italian debt concerns put an end to a prolonged period of calm in global financial markets.