It is our pleasure to inform you that we have relocated to new, smarter business premises. Our new office is located in Newmarket, one of Auckland’s most popular and bustling destinations, with the premises offering more comfortable meeting rooms and better parking facilities. Address: Level 1, 103 Carlton Gore Rd, Newmarket, 1023 Erskine + Owen…
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We are pleased to announce that the Wattie’s Distribution Centre is fully subscribed prior to closure date on the 8th November, 2019. This sold down quickly following launch on the 9th September, 2019. There has been a level of over subscription for the syndication, with investors interested in future Erskine + Owen projects. A summary…
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Hear Our Team Talk Through This Opportunity Investment Highlights + 8.0% P.A. projected cash return paid quarterly* + Tenanted by an iconic New Zealand brand + The site is Wattie’s National Distribution Centre in Hastings + It’s immediately adjacent to Heinz Wattie’s processing plant + It…
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Erskine + Owen are proud to present this exciting opportunity in Dunedin. For NZ$100k (minimum) you will get exposure to a syndication offer that is a commercial building on a full site land parcel. Investment Highlights 8.0% Cash Yield The Maclaggan Property Syndicate is offering a projected pre-tax cash return of 8.0% per…
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Capital adequacy is the Reserve bank telling banks that in tough financial times the capital they are holding on their balance sheet could be insufficient to weather a major economic event, such as we saw during the Global Financial Crisis. Adrian Orr is pushing that this needs to happen and the Reserve bank are currently…
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Investment Highlights The projected annual net operating cash flow return yield to LP’s is 7.0% A combined property of 1,693m2 only 300m from Hastings CBD Includes two fully tenanted buildings and 30+ carparks 301 Railway Road The 301 Railway Road main building comprises an early two storey residence estimated to have been constructed around 1920.…
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I have a love-hate relationship with my indoor rowing machine. I love it because I can stare at the monitor and precisely track my pace stroke by stroke and watch the metres tick down. And then at the end, the utter feeling of exhaustion – almost falling off the seat, but knowing I’ve just got…
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From a property perspective what was relevant in this years budget was the noticeable absence of anything specific for property. Certainly, Kiwibuild was not mentioned at all. Perhaps they think the job has been done to some extent: • The % of houses being sold to first home buyers is increasing – have first home…
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The process of buying a property in New Zealand is not complicated, but it is involved. Once you have found a property you wish to purchase, there are several steps in the process to secure it. It’s important to know what happens and when – so you can be confident and get it right. Plan…
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Director’s Commentary – No Change to the OCR
A 25 basis point drop in the OCR from the Reserve Bank was largely expected and so we were surprised there was no change. Why did we expect one? Because the NZ economic growth rate is slowing, inflation is at the lower end of the target range and worldwide interest rates continue to recede…
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