Director’s Commentary – No Change to the OCR

November 18, 2019

  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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Relocation of Premises

November 11, 2019

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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Wattie’s National Distribution Centre Syndication Fully Subscribed

November 11, 2019

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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The Global Search For Yield & Other Major Changes By Tony Alexander

October 24, 2019

Tony Alexander – Economics Speaker and Writer, I have recently accompanied Erskine + Owen for the roadshows of their latest syndication – Wattie’s National Distribution Centre. My presentation focused on ways in which the world we have all come to know over perhaps the last 30- 60 years has shifted in ways a lot of…

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Regional Profile: Dunedin

July 11, 2019

One of the emerging stars in NZ’s property market is Dunedin – which is being recognised as a region of growing potential.  Dunedin’s population grew 2.7% in the year to March 2019,  well ahead of the national average.  Employment opportunities are on the rise in Dunedin, particularly with large service industries. Enrolments at the University…

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Buying Property As An Ex-pat

July 11, 2019

Having successfully worked in the Asian financial markets as a director of a UK listed securities company ICAP Plc and as the head of APAC Equities for 5 years in the Asia Pacific region, Toby relocated to Auckland with his NZ wife & three children. Toby is licensed as a Buyer’s Agent under the REAA…

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Capital Adequacy – What Is It & How Will it Affect the Market?

July 11, 2019

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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Directors Commentary -My Love Hate Relationship With My Rowing Machine

June 10, 2019

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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What Does The 2019 Budget Mean For Property Investment?

June 6, 2019

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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Regional Profile: Is Hawke’s Bay The Next Key Growth Area?

June 5, 2019

Recent articles on the property market have begun to turn their attention to Hawke’s Bay as a region of growing potential – and has even referred to it as ‘the new Tauranga’. It’s backed up by the stats:  Hawke’s Bay is experiencing higher-than-anticipated population growth.   “The region is experiencing some of the strongest house…

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