Acquisition boosts BCS’s business

MEDIA RELEASE

1 April 2008

Acquisition boosts Body Corporate Specialists’ business

Body Corporate Specialists Ltd (BCS)’s acquisition of Body Corporate Associates Ltd will see the Auckland-based company almost double the number of properties it administers.

Announcing the deal, BCS Director Andrew Yovich said the purchase complemented the company’s recent strong organic growth.

“An increasing number of people are opting for the advantages of a body corporate structure; consequently, demand for high-quality administration services continues to grow,” Mr Yovich said.

Mr Yovich said the two companies shared similar business practices, philosophies and internal systems, and he did not expect any difficulties in integrating the two portfolios.

“People want a hands-on, high-quality service, they want someone who is available around the clock, and they want to be kept informed. The success we have experienced to date is based very much on effective communication, and we will continue to provide that level of service to all our customers 24 hours a day, seven days a week,” he said.

As well as providing commercial and residential body corporate and property administration services, BCS also specialises in resolving weather-tightness issues on behalf of body corporate owners, something Mr Yovich said is an ongoing concern. BCS also offer a three month administration trial free of charge.

ENDS

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