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

 

National Real Estate Agency And Southland Rural Property Company Merge To Expand Their Operations

Leading national real estate agency Bayleys has expanded the scope of its southernmost operations – acquiring a shareholding in a boutique Southland property company specialising in farm sales.

Bayleys Southland and Country & Co Realty Limited will now be rebranded under the name Country & Co in partnership with Bayleys.

Bayleys Southland is part of Bayleys Real Estate – New Zealand’s largest full-service real estate agency with a network of some 90 offices nationwide and more than 2000 employees.

Country & Co Realty Limited has been operating in Southland for four years – and is now the leading rural real estate agency in the region. The agency has a current sales team of four personnel – comprising Pip Ryan, Paula Laughton, Matt Harrington, and Shay Moseby – who are all shareholders in the company. Combined, the quartet has more than 65-years rural real estate sales experience.

Both real estate agency entities will continue operating out of their existing Invercargill premises – Bayleys at 173 Spey Street and Country & Co in partnership with Bayleys from 33 Arena Avenue. Bayleys Southland’s rural specialist Hayden McCallum has moved to the Arena Avenue office.

Bayleys Southland director David Gubb said that partnering with Country & Co enabled the agency to complete its geographic presence in the Lower South Island’s rural markets. The company through its affiliation with Bayleys Queenstown has substantial presence in Queenstown, Gore, Winton, Cromwell, Mosgiel and Dunedin.

“Although Bayleys is one of the pre-eminent rural real estate agencies in New Zealand, it’s fair to say the brand has struggled to establish a foothold in Southland’s farming sector – partly due to the successful operations of Country & Co which is a major player in the sector. So rather than battle on, it made simple business sense for Bayleys to partner with Country & Co and grow through acquisition,” Mr Gubb said.

Country & Co Realty Ltd director Pip Ryan said the move to partnering with Bayleys was a progression for a company founded on strong local representation now operating in a nationwide environment, and would ensure a solid growth path and longevity for the newly branded company.

“Southland is one of New Zealand’s primary agricultural producing regions – standing alongside the Waikato, Taranaki and Canterbury – and as such, farms for sale in the province need to be profiled to potential buyers throughout the country,” he said.

“Our new partnership with Bayleys will enable that to happen in a very effective way and Bayleys’ nationwide network of rural sales teams will enable a far greater marketing reach underpinned by personal representation.

“We’re also excited about bolting Bayleys’ extensive industry-leading back-office support services onto Country & Co’s existing strong local property owner networks and rural community relationships across Southland,” Mr Ryan said.

“It’s certainly going to be an exciting time for the area’s rural property sector.”

New branding livery for Country & Co in partnership with Bayleys is currently being designed and will feature on corporate collateral in spring.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>

ALSO:

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Stats NZ: Annual Goods Trade Surplus At 28-Year High

New Zealand’s annual goods trade surplus reached a 28-year high of $2.2 billion as imports tumbled in the year ended October 2020, Stats NZ said today. “This is the largest annual surplus since the July 1992 year, driven mainly by much lower ... More>>

ComCom: How Real Is That Bargain?

The Commerce Commission urges retailers and consumers to think hard about the bargains being offered as ‘Black Friday’ and Christmas draw near. Black Friday has now overtaken Boxing Day in terms of retail spending, according to data from electronic ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>