That’s a line from the musical Hamilton which I recently saw…an amazing show. Alexander Hamilton was a founding father of the US – his early life was hard, he fought in wars against the British, he worked incredibly hard for President George Washington, and then he died in a duel defending his honour. Reading his…
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New Zealand’s property market has been one of the most resilient in the world, even in the face of the Covid-19 pandemic. According to the Real Estate Institute of New Zealand (REINZ), the median house price in New Zealand increased by 19.3% from March 2020 to March 2021, with record prices being achieved in many…
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Who will ever forget Mel Gibson as William Wallace commanding his kilt-wearing kin to ‘hold’ as the English charged them on mighty steeds? Then at the last possible minute, he yells ‘NOW!’ and they lift sharpened poles to massacre the unsuspecting enemy. Perfect timing takes a perfect mix of imagination, hard work, and chutzpah. When…
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It feels like inflation has become a bit rock’n’roll. In the way that rock’n’roll 50 years ago was ‘bad’, almost shocking, but now, just another music genre. Parents used to fear what Mick Jagger would do to their daughters. Now – not so much. Pop, drum and bass (please no more drum n bass on…
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In November 2019, a wholesale investor invested $100,000 in our Hastings Distribution Centre Property LP syndicate through the subscription of units in the syndicate. It is a 45,351 m2 warehouse tenanted by Heinz Wattie’s on a 7.65 lease (4.65 years as at 1 September 2022) with an 8% pa* projected pre-tax cash return, paid monthly.…
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Home lending interest rates have dropped, and I am left wondering whether we should breathe a sigh of relief that this is the end of interest rate hikes or be cynical and assume that this is a simple marketing ploy by banking marketers who have had the heat put on them to lift borrowing enquiry.…
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It was not so long ago that I frequently heard people saying “we are in new era where interest rates will never return to pre-GFC levels”. I listened to a bank economist link interest rate spikes to population explosions, like the post World War 2 baby-boom phenomenon. The argument was that if you went back…
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1. How will a rise in interest rates impact the syndicate? Banks predict that interest rates may peak towards the end of next year (2023). We don’t have certainty on that, but we actively manage the risks. We believe that the rent inflation will provide a natural hedge against the rise in interest rates because…
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Have you noticed how people have stopped talking about house prices and started talking about interest rates? That’s hardly surprising given the high percentage of Kiwis paying interest on a mortgage or loan of some description. The value of our houses increasing makes us feel wealthier but doesn’t have any direct impact on our cashflow.…
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Property Investment in NZ
Investing in property is all about securing your financial freedom. Like most journeys in life, there are lots of different means of getting to where you would like to be, and many pitfalls along the way, but the more you know, the more prepared you will be and the better the choices you can make.…
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