Monthly Musings.

Thoughts on the Real Estate market and beyond.

It's the Festive Season

Dec 01 2021

For some it may be. But for many the season won’t be very festive at all.

Most of those we interact with on a daily basis are involved in commerce. And in those interactions we hear stories of some of the disruptions and hardships which have arisen over the past year.

Whilst there have been economic winners from this pandemic, there…

State of the Industry

Dec 01 2021

What a difference a few weeks can make!  For some time every agent we spoke with was bereft of properties to sell. Then within a few weeks there are so many opportunities it is almost overwhelming. At Expedio we are currently transacting more deals than ever before. But the plethora of opportunities means we simply don’t have time to examine all…

Missing in Action

Dec 01 2021

One of the frustrations which comes when buying industrial property is the amount of work that has to be needlessly done after settlement of a purchase. We find ourselves constantly running around trying to compile information on a property, which should really be handed over in the same way the keys are. Not that some agents are particularly good…

Time to Pivot

Dec 01 2021

After many years of producing a monthly newsletter incorporating our thoughts on the state of the industry, the state of the marketplace, the origins of the Milky Way, and more, it has come time for us to pivot. Just as many in different industries have taken the impact of this pandemic as an opportunity to re-assess what we do and how we do it,…

A place for sleuths

Nov 01 2021

Over the last month we have seen a dramatic shift in available stock. From a position where the cupboard of available stock was almost bare, to a flood of opportunities on the market. With many of those opportunities being sold by auction, it means that buyers must be selective as to which opportunities they expend energy, time and money in pursuing.…

How sustainable can we be?

Oct 01 2021

It is a question that we often address.  What can we in the industrial property segment do in order to be more friendly to the planet?

Whilst it is not a reason for inactivity (on the part of the landlord); greater environmental impact, or sustainability, is made by how a business operates within a building, rather than the construction of…

Call the Ghostbusters

Oct 01 2021

We have all experienced the ghostly phenomenon. A vendor signs an agency agreement, and says” Bring me an offer”. The agent brings an offer. Then there is no response from the vendor. Tomorrow, or the next day. Or the day after that. Calls are not answered, emails not responded to.

Or the prospective purchaser wants information on a property.…

Market Comment October 2021

Oct 01 2021

One of the most interesting aspects of this most recent lockdown is how much business continued to be transacted. Our observation was that businesspeople realised life had to go on, and therefore found ways to continue to buy and sell property.

The chatter pre-lockdown was speculation that an increased OCR would result in yields mirroring…

Broken Windows

Sep 01 2021

“Broken Windows” is a criminological theory that states that visible signs of crime, anti-social behaviour and civil disorder create an urban environment that encourages further crime and disorder. Rudy Giuliani, back when he had some credibility as Mayor of New York, implemented a policy based on the broken windows theory. He had broken windows…

Raiders of the Lost Art of Questioning

Sep 01 2021

Periodically we don our fedora and safari suit and set out on another quest. In our imagination we are a (younger) Harrison Ford searching for an elusive golden key to the secrets to the universe.

And of course the art of questioning is in some ways a key to the universe. Certainly the universe of sales. But the art of questioning is something…

WFH – what changes can we make?

Sep 01 2021

Being thrown into lockdown once again has again brought to the fore the topic of working from home, and the associated efficiencies or inefficiencies. Whilst we are intermittently irritated by the stream of articles in the press intimating that everyone is working from home, and conveniently ignoring those who are essential workers and have to be…

What does the data tell us?

Aug 02 2021

Recently we went through the exercise of selling a residential home. It was a GJ Gardner home in a desirable South Auckland suburb. Nothing particularly special about it – certainly not a Herne Bay mansion.

Although we are versed in the process of buying and selling industrial real estate, we don’t transact residential on a regular basis.…