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

 


Colliers wins nationwide Z Energy Property contract

Colliers Corporate Solutions wins nationwide Z Energy Property Management contract

28 March 2014 —Colliers International’s Corporate Solutions division has won the property management contract for Z Energy’s nationwide real estate portfolio.

The appointment covers the property and lease management of all Z Energy’s property holdings around New Zealand, including over 300 service stations and truck stops, along with general aviation sites and corporate offices.

Don Smith, National Director of Corporate Solutions, says the Z appointment is the latest success in a strong growth phase for the team, which has also won major appointments from the New Zealand Transport Agency, Land Information New Zealand, and the Office of Treaty Settlements. This has seen a significant expansion of the team to in excess of 30 Property Professionals providing services to a diverse and growing client base.

“We are delighted to be selected by Z to manage its property portfolio and look forward to working with such a dynamic, growing company which has already become an icon on the New Zealand landscape. We will be working with Z, applying our skills, process and systems to give them the optimal property platform that supports the needs of their operations and network” says Don Smith.

Gail Calder, Asset Manager at Z Energy, says the company decided to outsource property and lease management work on its portfolio, which it previously handled in-house, to Colliers International to tap into their specialist expertise and proven track record on managing national geographically distributed portfolios.

“We appointed Colliers International because of the team’s approach to understanding the place of property in supporting our business and their structured approach to managing the portfolio that will deliver financial and operational benefits to Z. We have a significant investment in our network and they demonstrated how we could maximise our return on that investment. Following a rigorous assessment of the options available we chose Colliers and we are looking forward to partnering with them.”

Colliers International’s Corporate Solutions division provides services to clients who own or lease property for non-core business reasons, for example to provide office space for staff, properties held for future projects or operations, manufacturing space for production, or provide a retail network / footprint for the distribution of products and services. The division helps clients maximise the value they derive from their portfolio and ensure it aligns and supports the clients business and operations.

The team’s recent Office of Treaty Settlements appointment covers property and facilities management for the Office’s nationwide property portfolio, covering all property held for current and future Treaty of Waitangi claims. It incorporates a wide variety of properties including commercial, industrial, retail, residential, rural, forestry and infrastructural sites around the country.

The Land Information New Zealand (LINZ) contract encapsulates in excess of 5,000 properties throughout New Zealand. The portfolio incorporates a diverse range of properties. This nationwide contract expands on the North Island portfolio that Colliers has managed for LINZ for a number of years.

The New Zealand Transport Agency (NZTA) contract covers the NZTA’s property portfolios in the South Island and central North Island. Colliers’ Hamilton office also won NZTA’s portfolio management contract for the Waikato and Bay of Plenty. The scope incorporates all property held by NZTA for current and future roading projects, covering a range of urban and rural sites.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Final Frontier: Rocket Lab And NASA Sign Commercial Space Launch Agreement

Rocket Lab has signed a Commercial Space Launch Act Agreement with the National Aeronautics and Space Administration (NASA). The agreement enables Rocket Lab to use NASA resources - including personnel, facilities and equipment - for launch and reentry efforts. More>>

ALSO:

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news