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Related term: Leasing

  • Helping businesses find premises to lease or buy has become the focus of Grant Unsworth’s second business in Auckland. He says the market is tight so prices are high. People don’t have time to look, so he will do it for them. There has been a strong trend in the past 12 months for owners/occupiers to buy property [rather than lease] because of low interest rates, and this has put even more pressure on the market.
    Article - 2007-10-18 09:34
  • Reasons companies move premises include image, growth and consolidation. Relocations, which are usually infrequent, can be difficult and stressful for staff so it’s important planning ensures a smooth transition for all parties. Firstly, how does your business’ needs affect the choice of property or development? Determining an accurate brief for agents or consultants involves careful consideration. The four key areas are:
    Article - 2007-10-18 09:34
  • Possession is definitely not 9/10ths of the law, whatever you may have been told in the past.It never really was, but recent cases have shown that the Personal Property Securities Act 1999 (PPSA) has now removed all doubt. In fact the Act challenges traditional concepts of ownership, which manufacturers, lessors, wholesalers, retailers and financiers all need to be aware of. The PPSA provides a system of registering “security interests”.
    Article - 2007-10-18 09:34
  • The leasing of vehicles is still a growing market, with probably 35-40 per cent of new vehicles each year being leased to business and Government users, says Charles Willmer (pictured), managing director of LeasePlan New Zealand Ltd in Market Rd, Remuera.“Our view is that leasing to our core market has growth to the same levels as mature European markets of 50 to 55 per cent.”
    Article - 2007-10-18 09:34
  • The first stage of new business units in a booming Manukau business location will be built by the end of March, says development manager for the site, Jed Wieland of Jed Wieland Property Ltd.The development at 35 Allens Road, East Tamaki, will offer tenants the advantage of proximity to the new link to the Southern Motorway – due to be finished in 2007.Stage one comprises seven business units with sizes ranging from 119sq m to 719sq m.
    Article - 2007-10-18 09:34
  • Pukekohe’s only bulk retail development – The Warehouse Shopping Centre in Manukau Road – is undergoing a major expansion and transformation.It will more than double its size, to be known as “The Zone Franklin”. Mark Calvert of DTZ New Zealand Ltd real estate agents in Auckland is leasing agent for the development. The new extension will provide 8000sq m of additional retail space and expand the onsite car parking to more than 700 car parks.
    Article - 2007-10-18 09:34
  • For any business, large or small, there are few decisions that mark its entry to the commercial world more than buying or leasing premises. Nor are there many activities more stressful than searching for commercial premises.  With that in mind a local company, Action Realty have made it their mission to take away the stress and complexities in locating that right piece of commercial real estate without compromising their clients exact requirements. So who is Action Realty?
    Article - 2008-03-06 14:35
  • Perpetual Trust, the trustee for Finance and Leasing Limited, has appointed receivers to the company. Perpetual Trust Head of Corporate Trust, Matthew Lancaster, says the decision to appoint receivers was made following a request from the Directors of Finance and Leasing for the company to be placed into receivership. “This has arisen because the company is in breach of its capital ratio covenant as required by Reserve Bank regulations for finance companies,” said Matthew Lancaster.
    Article - 2011-01-20 16:00
  • Proportionate ownership of a large industrial cool store in the heart of Auckland’s logistics and freight hub is being offered for sale to the public.  The 9,023 square metre cold store and distribution building in Mt Wellington is currently owned by AMP Capital Property Portfolio Limited, and is leased by Versacold NZ Limited, part of the international logistics group forming the Americold Realty Trust. Americold operates 182 modern, temperature-controlled warehouses and distribution centres across the US, China, Canada, Argentina, New Zealand and Australia.
    Article - 2011-02-28 08:30
  • Retail and hospitality premises in two high profile Auckland locations are going under the auctioneer’s hammer later this month. The sites are in Newmarket’s Rialto Centre, and the Pacific Square Retail Plaza in Manukau -adjacent to the Pacific Events Centre. At the Rialto Centre, 11 freehold retail premises are going up for auction, with a further two units being marketed by negotiation. Meanwhile in Manukau, 10 premises are being sold off.
    Article - 2011-03-04 08:30