Monthly Musings.

Thoughts on the Real Estate market and beyond.

What happens next?

Apr 01 2020

Trying to look past the present is difficult at the best of times. And in the current unprecedented environment no one really knows. But let’s give it a try!

At Expedio we will be using the lockdown period to plan as best we can for what the “new normal” is likely to be, and then how we adjust…


Is there a looming rent affordability crisis?

Apr 01 2020

It has been a question that has been relevant for several months recently, but with current events becomes somewhat more urgent.

Over the last 3 or so years, many rents have increased by up to 50%.

That impacts in a positive way on a landlord, and more so if the landlord has owned…


Ethics, Corruption and Incompetence

Mar 01 2020

Ethics, corruption and incompetence. Quite separate issues you may think. But is there a possible link?

Whilst New Zealand may sit near the top of regular lists of corruption free countries – we know that we experience forms of behavior which are unacceptable, and could be construed as a form…


Know your customer

Mar 01 2020

Here at Expedio we talk a lot about qualifying the customer; and the times we see a lack of it. Qualifying your customer is simply finding out who they are, and what their needs and wants are. What is the problem that they need to solve?

The first touchpoint an agent will have with a new potential…


Crystal Ball Gazing

Feb 01 2020

I am always intrigued by the amount and type  of training and education that goes into preparation for various occupations. We know that different occupations require different skills and training.

I have always thought that part of the training to become a hairdresser was a basic course in…


Should business operators be licensed?

Jan 13 2020

There are many jurisdictions around the world that require a license to operate a business.

In New Zealand, to be a plumber, or a pharmacist, or an electrician, you need a licence. Yet, to operate most types of business, a license is not mandatory.

A recent article in the NBR (“Commercial…


To release: Now or Later?

Jan 13 2020

It is an interesting discussion that takes place in the Expedio office every time we have a property that will ultimately be available for lease or sale. The question is: Do we release details to the market now (when the property is likely in original state) or later (when the refurbishment is completed)?

One…


What I want for Christmas

Dec 01 2019

Normally my approach is to try and ignore Christmas. I stay away from Malls. I studiously avoid Christmas parties. And I leave the gift buying to someone who has a better talent for it than I do.

And I hope that if someone decides to give me a gift, that it is not socks. I do have quite enough…


Pull my chain once again

Dec 01 2019

A recent interaction with an agent gave us cause to reflect on a contrasting interaction some 30 years ago. Different boots on different feet. And we recognise that there will be those whose reaction may well be “OK Boomer”. But bear with us. There is a point to the story , as considering ways in…


Expedio Refurbishment – A Case Study

Nov 01 2019

Industrial building refurbishment is more than just a coat of paint. That’s with an Expedio refurbishment at least.

Recently Expedio refurbished a generic industrial building at 54 Ascot Rd, Airport Oaks.

Here is the detail of how that refurbishment went – showing that it is much more…


Aligning expectations with tenants

Nov 01 2019

Is tenant selection needed? Do we want every tenant?

The answer is yes. And no. Yes, tenant selection is needed, and no, we don’t want every tenant that might want to lease one of our buildings.

The relationship between landlord and tenant is a long term one. In our business it averages…


Health and Safety

Oct 01 2019

Expedio is in the business of refurbishing, buying, selling and leasing industrial buildings. All of our buildings are industrial workplaces, either by industrial businesses (when tenanted) or as building sites (when under refurbishment).

Common Sense would dictate that all usual health and…