In this month's MarketLeader:
- The year ahead for NAI Harcourts and final performance review for 2013
- Recent sales around the country
- Last chance to book into NAI's flagship publication Key Assets
Read it here
In this month's MarketLeader:
Read it here
In this month's MarketLeader:
New leadership for NAI Harcourts New Zealand
Expansion into Manukau
Auction success on the North Shore
Since its inception in 2010, NAI Harcourts has grown to become a major player in New Zealand’s commercial property market, achieving over half a billion dollars in written sales over the past 12 months.
Leading the group in the next phase of its expansion will be newly appointed General Manager Michael Grainger.
Mr Grainger replaces Richard Laery, who has been promoted to the position of NAI Harcourts CEO of Australasia.
Harcourts CEO Hayden Duncan says NAI Harcourts’ ability to attract a team of top professionals has been a key driver of the group’s success, and this continues with the appointment of Mr Grainger.
“Mike has an extensive background in commercial property, through agency business and management, and most recently at Westfield New Zealand. He has the vision to push NAI Harcourts’ growth going forward and we are thrilled to have him take on the leadership role.”
NAI Harcourts has already made significant achievements in its three years of operation.
The team has grown to 117 full time professionals operating from over 61 locations across the country. Written sales have increased by 95% since August 2010.
Some standouts from this year have included the opening of two new Auckland NAI Harcourts offices and the acquisition of the Hawkes Bay’s largest independent commercial real estate company. The $11m plus auction of four high profile ASB branches was also a highlight.
Mr Grainger says he has followed the growth of NAI Harcourts with interest and is excited about the future prospects of the group.
“With the backing of two real estate power houses, NAI Global and Harcourts, NAI Harcourts has the resources to continue to expand. My priority will be to drive the recruitment of exceptional people and increase our market share.
“NAI Harcourts New Zealand has settled over half a billion dollars in the past 12 months. That’s phenomenal for a group that’s only three years old and is the result of the hard work of an incredible team. I’m very confident about NAI Harcourts’ future growth,” Mr Grainger says.
Harcourts CEO Hayden Duncan also wishes Richard Laery all the best in his new role as NAI Harcourts CEO of Australasia. Mr Laery will be based in Brisbane and responsible for overseeing the growth of the brand throughout Australia and New Zealand.
“Under Richard as General Manager, the NAI Harcourts New Zealand team has prospered. I have no doubt Richard will bring the same passion and determination to his new role and the wider Australasian NAI Harcourts business.”
NAI Harcourts was established in 2009, combining the resources of NAI Global and Harcourts International. NAI Global is the largest managed commercial real estate network in the world. Harcourts International is a fast growing Australasian-based franchise network with a strong foundation in the residential property market. They share a common objective: to be the leading force in the Australian and New Zealand commercial real estate markets.
View the latest issue of NAI Market Leader by clicking here.
In this month's issue:
Commercial yields in Auckland and Hamilton
NAI welcomes the Hawkes Bay's largest independent commercial real estate business to the fold
REINZ recognises Christchurch City Brokers
Harcourts has been celebrated at the Real Estate Institute of New Zealand’s annual Awards for Excellence in Real Estate Sales.
With over 12,000 sales consultants competing for the awards, Harcourts has performed outstandingly with nine of our salespeople and agencies winning top billing.
Matty Ma of Harcourts Cooper & Co on Auckland’s North Shore was awarded the country’s number one Residential Salesperson ranking for her outstanding performance over the past year. Matty recently celebrated achieving $375million in settled sales and is renowned for an extraordinary work ethic which sees her list properties ranging from $300,000 to $35m.
Jamie Slater of Harcourts Greytown was announced as New Zealand’s top Residential Rising Star. Since beginning her career in real estate less than a year ago, Jamie has made over $10m in sales and has ranked in the top 1% of Harcourts’ sales consultants for the past two consecutive six month periods.
South Auckland’s Harcourts BCRE was celebrated as the best performing Rural Agency in the country. Owner Graham Viall says he is thrilled with the award, particularly as his small team of eight salespeople were competing against a pool of elite and specialised rural agencies.
Harcourts New Zealand CEO Hayden Duncan says the group’s performance over the past year has been outstanding and the recognition at the REINZ awards is well deserved.
“Congratulations to all our winners. To have performed so well is a credit to the excellence that each of our sales consultants and agencies aspire to.”
The Harcourts 2013 REINZ Awards for Excellence in Real Estate Sales winners are:
Residential Rising Star
Winner – Jamie Slater, Hamill Realty Ltd, Harcourts Greytown
Runner up – Harsimran Singh – Preet & Co Ltd, Harcourts Manukau
Rural Salesperson
Runner up – Aaron Davey, Monarch Real Estate Ltd, Harcourts Glenview, Hamilton
Business Brokers Salesperson
Runner up – Premilla Sharma, Grenadier Real Estate, Harcourts Christchurch
Residential Salesperson
Winner – Matty Ma, Cooper & Co, Harcourts Auckland
Rural Agency
Winner – BCRE, Harcourts South Auckland
Business Brokers Agency
Runner up – Christchurch City Business Brokers Grenadier Real Estate Ltd, Harcourts Christchurch
Medium Agency
Runner up – Team Wellington Ltd, Harcourts
Large Agency
Runner up – Cooper & Co Real Estate Ltd, Harcourts North Shore
Rural & Lifestyle Properties, Residential, Nai Harcourts - Commercial
Harcourts Regent Realty has purchased the Hawkes Bay’s largest independent commercial real estate business, City Commercial.
It will become part of the NAI Harcourts brand, and will operate out of Regent Realty’s Hastings and Napier city offices.
Regent Realty owner Kaine Wilson made the purchase after deciding to expand the commercial arm of his business.
“Regent Realty is strong in residential and rural lifestyle sales, as well as property management. We already have a small NAI Harcourts commercial team, however, I feel it’s timely to push further into the market.
“The economy is in recovery and business confidence is up, partly due to the Christchurch rebuild and flow on effects. I want to be in a position to be the commercial market leader in the Hawkes Bay,” Mr Wilson says.
City Commercial has been operating in the Hawkes Bay for over 20 years. Former joint owners Tony Craig and Ian McLachlan, along with sales consultant Fred Lewis, have between them over 45 years of local commercial real estate experience.
During negotiations with Harcourts Regent Realty, City Commercial had over 100 listings and a strong reputation, forged by high profile deals with local, national and global corporates and developers.
Mr Craig says they had taken City Commercial as far as it was possible to go without the backing of a company with national and international exposure.
“Hawkes Bay is seeing a new round of interest being shown by investors, but more particularly developers from outside the region. Recent public announcements of new and large investments have shown the confidence that exists in the region.
“With NAI Harcourts we will have the high level of exposure and confidence that brings strong growth and further investment,” Mr Craig says.
NAI Harcourts New Zealand General Manager Richard Laery says the purchase of City Commercial and the vast experience of its sales consultants place NAI Harcourts and Regent Realty at the forefront of commercial property in the Hawkes Bay.
“We couldn’t be more pleased to bring City Commercial into the NAI Harcourts fold and welcome Tony, Ian and Fred to the team.”
Harcourts New Zealand CEO Hayden Duncan says NAI Harcourts has achieved more than half a billion dollars of business written in the past 12 months.
“This success is attracting talent such as City Commercial to NAI Harcourts and we are very happy to have them,” Mr Duncan says.
NAI Harcourts is backed by NAI Global’s international network and is represented in over 60 locations around New Zealand and seven in Australia.
Read the latest issue of NAI Market Leader here.
In this issue:
NAI Henderson opens
Harcourts National Awards celebrate the best of NAI
Cantabrians are renowned for being resilient, and this trait is abundantly evident in the real estate world.
Being a commercial property agent in Christchurch is not easy, however Simon Rowland-Jones has excelled in a city still in recovery and uncertain of its future.