Changes to the Fire Safety Code
31 January 2014
Changes to the Fire Safety Code in December 2013 largely represent minor but positive amendments which show a more pragmatic and common sense view is being applied towards fire regulation, we encourage more of this philosophy. Scott McKenzie, Chief Executive. Click here to read the full article....
Fishhooks to Look for In Syndicated Properties
18 December 2013
Chris Hutching from MG Magazine has provided a balanced view towards Property Syndication and the key areas to be aware of. Of principle focus is the track record of the promoter. We are proud to be acknowledged as a better known name with over 21 years in the business. Click here to read full...
Tauranga and Rotorua Property Investor Magazine
5 June 2013
Property Managers Limited feature in the June edition of Tauranga and Rotorua Property Investor Magazine. Click here to read the full article....
Our Reaction to Proposed Building WOF Fee Increase
29 May 2013
We recently wrote an urgent letter to the Tauranga City Council on behalf of property owners voicing concerns over the proposed increase to the Bulding Warrant of Fitness annual fee from $54+GST to $92+GST.  The full text of the letter is available here....
Securing a Tenant in Today's Market
22 March 2013
Since late last year we have seen a significant upswing in leasing activity across the commercial portfolio we manage. Over the last five weeks in particular we have managed to achieve five new Agreements to Lease, all for good tenures and acceptable square metre rates. The incentives required have...
Looking Ahead - 2013
18 March 2013
The activity which we saw in the last quarter of 2012 has carried through into the first quarter of 2013. The Auckland residential market is overheated on the back of a number of factors including demand from immigrants and low interest rates and the confidence which this engenders is flowing...
Lifting the Bar
21 December 2012
In my short time with Property Managers, I have been incredibly heartened by the commitment and passion our people across the business have for the industry, our clients (tenants), and our investors.  Together our philosophy continues to be clear; ‘strong sustainable returns to our...
SIGNS OF LIFE OUT THERE
28 November 2012
As we approach the end of another fairly difficult year, there are signs that the commercial property sector may finally be turning a corner. At a recent Bayleys auction in Auckland, six tenanted  retail properties sold at yields of below 7%. The Turners and Growers Building in Mount Wellington...
2012 - Year to June
16 July 2012
2012 YEAR TO JUNE As we approach the mid-point of 2012, it is timely to reflect upon what has happened over the first half of the year and what the balance of the year possibly holds in store. While there unquestionably has been some balance restored to the commercial property sector, it is still...
SYNDICATED PROPERTY - A BEGINNERS GUIDE
5 April 2012
There has been much press of late regarding syndicated properties, frequently referred to as “proportionate title” investments. Put simply, you are buying an undivided share in a property. This is quite different to a unit title or strata title where you become the owner of a specific...
Syndicates without long term debt
27 March 2012
Property Managers Syndications has acquired a mixed commercial property at 114 Dominion Rd, Mt Eden for $12.6 million with an initial investment yield of 9.44%. Property Managers will offer it for syndication. The company says it is different from many other syndicators in that there is no...
Encouraging Signs
1 March 2012
As we move towards the second quarter of 2012, we are starting to see some really encouraging signs within the industry. The industrial sector has been leading the way since last year and shows no evidence of letting up. Enquiry for good industrial space in the likes of Auckland is picking up with...
Commercial Property makes sense
2 February 2012
Eight per cent annual return offered for only $25,000 investment A PROMINENT commercial building on the corner of Dominion and View Roads, Mount Eden, Auckland is being offered for sale to the public in $25,000 parcels by Property Managers Syndications Limited. The three level building is on a...
2012 now well underway
1 January 2012
With 2012 now well underway, most people are coming to terms with the reality of being back at a desk with the sun shining and the rain a distant memory (the rain has been great for the farmers at least). I have already had a wide cross - section of people ask me for my thoughts on how 2012 may...
Commercial Property Perspective
29 November 2011
As if it wasn’t already a difficult enough market for commercial property owners, we have just witnessed a whole new threat evolving from an unexpected quarter. I am referring to the trend amongst receivers to try and claw back rentals from landlords who have received them at a time when a...
INVESTING IN COMMERCIAL PROPERTY - WHAT THE FUTURE HOLDS
25 August 2011
In these uncertain times, I am frequently asked about the long term prospects for the commercial property sector. My response is that the past generally provides a good guide as to what you may reasonably expect in the future. Commercial property is not immune to the shocks that have affected...