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Property for Industry Limited buy industrial asset for $17.2M

PROPERTY for Industry Limited (PFI) has purchased an industrial property in Auckland for $17.2M off-market at 41-61 Spartan Road in Takanini. The tenant, MaxiTRANS, is one of the largest suppliers of truck and trailer parts to the road transport industry in Australia and the largest supplier of locally manufactured road transport trailer solutions in Australia… Read more »

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Ray White Group Results February 2016

The Ray White Group results for February 2016 saw a slight increase in comparison to the sales value 12 months ago. Sales numbers were slightly down and this shows that increasing prices are still being maintained. While sales numbers ease off slightly in Auckland and Canterbury, we would consider this one of the most diverse… Read more »

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Bruce Whillans Awarded NZ Supreme Salesperson

Bruce Whillans, who leads the Ray White Auckland Commercial team, has been acknowledged as the overall Supreme Salesperson for the Ray White Group at the annual awards evening held at the SkyCity Convention Centre last night. The Supreme Salesperson is taken from all sales categories within the Group and in being awarded the Supreme Salesperson,… Read more »

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Ray White sales continue to increase

Ray White New Zealand completed property sales in excess of $487 million in the month of July 2014. These results were 12% up on last year and in comparison to last month saw an increase of 13%. Chief Executive, Carey Smith said that the July results rebounded strongly given that there was a school holiday… Read more »

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Chinese interest in NZ property ‘unprecedented’

New Zealand has only seen the “tip of the iceberg” of wealthy Chinese wanting to buy houses, commercial buildings and land in Auckland, a real estate agency says. Ray White Real Estate’s commercial arm says in the last year, more than half its Auckland business has come from high net-worth resident and non-resident Chinese and… Read more »

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Ray White Commercial Tauranga step up to Hairy Maclary challenge

A local business owner is challenging other businesses in the Bay to help fund the rest of the Hairy Maclary project for Tauranga’s waterfront. The project, which was conceived by Creative Tauranga four years ago, will hopefully to come to life on Hairy Maclary‘s birthday in July. Ray White Tauranga Commercial part owner Philip Hunt has issued… Read more »

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Parnell textile building set for further refurbishment

One of the few property companies prepared to buy historic or character buildings to refurbish for another 100 years usage, has purchased the Textile Centre in Parnell. The Textile Centre was sold to Phillimore Properties by Bruce Whillans, of Ray White Auckland Commercial who negotiated the deal directly between the vendor and Phillimore. The price… Read more »

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Bruce Whillans Celebrates International Recognition

The Ray White Group has over 5,000 salespeople operating through 10 countries and 1,000 offices. Each year the Ray White Group celebrate their awards through the recognition of individual performance in sales at a national and international level. Bruce Whillans, who is the owner of Central Auckland Commercial for Ray White has this year been… Read more »

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Ray White Commercial Christchurch’s $3 Million Tender Success

A tenanted storage complex at Rolleston in the Selwyn District south-west of Christchurch has been sold by Ray White Commercial Christchurch for $3 million. The property at 108 Izone Drive, Rolleston, was sold following a successful tender campaign by Ray White Christchurch Commercial Salesperson, Paula Raine. Built between 2007-2011, the storage complex has shown an… Read more »

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Three Building Student Complex in Wellington Now For Sale

Accommodation blocks Ingenia is selling in the heart of Wellington are reckoned to be worth at least $55 million   Australian listed Ingenia Communities Group is selling its three big Wellington properties, estimated to be worth more than $55 million.”The offering comprises three fully leased, recently refurbished and seismically upgraded student accommodation buildings,” says Bruce… Read more »