Featured Brokers

Review

There is a growing view amongst investors that the worst of the market disruption caused by COVID-19 has now passed. Locally, the situation continues to be well managed. With global vaccine rollout gathering momentum, there is increased optimism and anticipation of a return to relatively normal market conditions and investors are turning their attention to longer-term fundamentals. This has bolstered demand for safe haven assets, particularly industrial and bulk retail properties, both of which are witnessing strong tenant demand. Recent industrial vacancy surveys show market conditions have remained extremely tight, bolstering the view that vacancy is at, or close to, its cyclical peak. Confidence in the office sector is recovering, buoyed by improving demand and supply dynamics with confirmed tenant demand for space within new projects underpinning development activity. Forecast

A continuation of the low interest rate environment over the year ahead will sustain interest in higher yielding commercial property assets. Demand is likely to be further enhanced by recent changes to legislation, which makes residential property investment less attractive. Syndicated property offerings and assets with a value of up to NZD2 million, approximately 80% of the NZ market, are likely to see the greatest lift in demand as a result. The relaxation of border restrictions will result in a rebound in overseas investor activity, which has been hampered over the last year by the inability to inspect property. The prospect of increased competition emerging over the year ahead will incentivise local investors to seriously consider opportunities that arise in the short term.

View the full Asia Pacific Market Snapshot for Q1 2021 at colliers.co.nz.

Caroline Cornish

Broker Auckland West Mobile: 021 390 759 caroline.cornish@colliers.com

About

Caroline is a member of the West Auckland Sales and Leasing Team. She specialises in the acquisition and disposal of office, retail, industrial and land assets.

Caroline started her career as a Chartered Surveyor in London and moved to New Zealand in 1998, she HAS worked in the Colliers Industrial team specialising in sales and leasing for 14 years - during this time Caroline was one of Colliers top performers in the Industrial sector. In 2011, she took a step away from brokerage to spend more time with her young family.

Caroline returned to Colliers in 2018 in the West Auckland office, close to the local area where she lives. Now specialising in leasing and sales in the area, she has transacted numerous deals in all sectors.

Achievements

Listings featured in this Portfolio

- 4155 Great North Road, Glen Eden

$99m of sales in 3 years 110 deals in 3 years 16,600 sqm leased

Featured Brokers

Jonathan Lynch

Associate Director | Investment Sales Auckland CBD Mobile: 021 900 611 jonathan.lynch@colliers.com Senior expertise in Commercial Property Sales and Leasing. Completed over $500million+ worth of sales transactions since joining Colliers in early 2010 with a focus on investment properties, mixed-use developments, redevelopment sites comprising under-utilised improvements, land sales and office, retail and warehouse leasing.

BBS Degree (Massey University) majoring in Real Estate followed by 10 years of business development experience in the FMCG sector in Ireland & New Zealand while conjointly playing rugby in Ireland. Previous role as a property manager at Jonmer Projects providing a comprehensive understanding of key drivers in both general business and the property market, together with the added benefit of an appreciation of client liaison & needs.

Achievements About

Listings featured in this Portfolio

- 8 Taylors Road & 2-4 Gordon Road, Morningside

Over $500m in deals overall $50 million of sales in 2020

Colliers’ ‘go to’ CBD western fringe broker

Matt Prentice

Director | Investment Sales North Shore Mobile: 021 464 904 matt.prentice@colliers.com Matt joined Colliers in 2006 with a focus on mid to upper end industrial & investment transactions. Specialising in tenanted investments, occupier representation through to vacant land / building sales on the North Shore, Matt was promoted to a North Shore Director in 2015.

Achievements About

In 2013, Matt was in the top 10 Highest Performing Brokers nationwide and in 2014, he had a record year completing more than 50 transactions, and finished in the top 10% of brokers in New Zealand.

In 2015, Matt completed over 60 transactions, more than any broker North of the Bridge, again finishing in the Top 20 brokers in New Zealand.

In 2016, Matt had a record year finishing top 10 in the country and was the top broker on the North Shore.

Listings featured in this Portfolio

- 8 Taylors Road & 2-4 Gordon Road, Morningside

Over $1.5b in deals overall Colliers top 5 broker 2020 Colliers top auction broker 2020

Hamish Paterson

Broker | Investment Sales Auckland CBD Mobile: 021 100 7259 hamish.paterson@colliers.com Commercial property specialist in the Auckland Western Fringe market. With a Bachelor or Property and Bachelor of Business, along with a Masters in Business, Hamish is well equipped to deal with the complexities of all types of property transactions.

About

Onto his fourth year in commercial real estate, with over 80 million in sales, Hamish was recognised as a top 3 finalist in 2019 for the REINZ rising star of the year. Hamish is proactive, motivated and versatile professional, accustomed to adapting to challenging environments and delivering under pressure.

Achievements

$100m in deals overall REINZ Rising Star finalist 2019 Listings featured in this Portfolio

- 8 Taylors Road & 2-4 Gordon Road, Morningside

Shoneet Chand

Director | Investment Sales North Shore Mobile: 021 400 765 shoneet.chand@colliers.com Shoneet has been involved in selling investment property for over 12 years and since 2015 he has been a Director in the Investment & Development Sales teams across the wider Auckland region.

Achievements About

Over the past 8 years he has been one of the most successful investment sales brokers in Auckland with a unsurpassable track record of significant sales. He has had considerable experience in dealing with international purchasers and has recently completed several deals with investors out of Asia, Europe and the Middle East.

He has been involved in a number of large land sales and portfolio sales, including divestments for well-known brands like Z Energy, The Warehouse & Bunnings.

Listings featured in this Portfolio

- 4155 Great North Road, Glen Eden

Over $1.5b in deals overall $325 million of sales in 2020 Colliers top 5 broker 2020

Colliers top broker 2018

Licensed REAA 2008

HSBC Tower, Level 23 188 Quay Street Auckland 1010 portfolio.colliers.co.nz