Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Harveys Heading South To Tackle Mainland Market

Harveys Heading South To Tackle Growing Mainland Market

Harveys Real Estate, which earlier this year opened its 50th North Island office, is switching its attention south of Cook Strait as it seeks new markets to strengthen its brand.

Chief Executive, Ross Hunter, confirmed today the company intends to have a South Island presence within a month, with Christchurch as the preferred site to begin penetrating the mainland property market.

Mr Hunter says the move south is part of the overall strategic plan. “At our Harveys Annual Conference in June we signaled to the group that our goal was to have a presence in all main centers within the next 2-3 years,” he says. “We have achieved that in the North Island so it was no secret our next move would be south,” he says. “You only have to look at some of the developments around the Southern Lakes region to appreciate the South Island property market remains buoyant. And if you were to believe only half of what you read, it appears some of the northern buyers are fairly active in the region.”

Mr Hunter says Harveys is looking to continue to expand its branch network “at the same rate as we achieved in the last 12 months.” During that period it increased its offices by 25%, going from 40 at the beginning of 2003 to 50 by February 2004.

Much of that growth came from the Wellington region, where Harveys opened its first office in June 2002. Two weeks ago that number had reached five with the opening of a new branch in Petone. It also has five offices on the Kapiti Coast.

“Our next benchmark is to reach 60 offices by the end of our financial year next March. We are confident that we have an attractive brand and the systems in place to support our branch network, which is attracting more and more good people to join us.”

© Scoop Media

Business Headlines | Sci-Tech Headlines


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>


Crown Accounts: Govt Books In Line With Forecasts

The Government’s financial statements for the four months to 31 October indicate the books are tracking along with Treasury’s Budget forecasts, Finance Minister Grant Robertson says. More>>


Expert Reaction: Ross Sea Region Marine Protected Area In Force

Sweeping new protections for Antarctica's Ross Sea will come into effect on Friday 1 December. After five years of debate, the marine protected area (MPA) was agreed in 2016 after a joint proposal by New Zealand and the United States... More>>