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

 

Harcourts expands property management portfolio

MEDIA RELEASE

Harcourts expands property management portfolio

Harcourts New Zealand CEO Bryan Thomson announced today an expansion of the company’s property management portfolio.

The expansion follows recent agreement between Harcourts and Bribanc Property Group, a subsidiary of Blue Chip’s Master Franchisee in New Zealand, to sub-contract the property management of a significant proportion of Bribanc’s residential property management portfolio.

“Under the agreement a number of Harcourts business owners have sub-contracted to manage Bribanc’s Greater Auckland residential property management portfolio. The changeover has already commenced with the management of a number of properties included in the contract already transferred to Harcourts and the balance to be transferred shortly,” Mr Thomson said.

Bribanc is contacting the tenants and owners of the properties covered under the new sub-contracts to advise them of the changeover, subsequently tenants will receive relevant information from Harcourts.

The CEO of Blue Chip’s Master Franchisee in New Zealand (Diem Limited), Neil Bell, says the company is thrilled to have been able to sub-contract Harcourts as property managers for a significant portion of the investment properties on their books.

“Harcourts is an established and reputable company with a proven track record in property management and we are delighted to be able to employ their services for the benefit of our clients. We have the utmost confidence that Harcourts has the experience, the people and the systems necessary to effectively manage the properties covered,” he said.

“We made the decision to outsource the lion’s share of our property management function to Harcourts to enable us to focus on our core business, further assisting us to develop wealth and ongoing value for our investors”, he added.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: