What properties does Expedio buy?
Expedio holds a portfolio of commercial / industrial property mainly in South Auckland, but also in other parts of greater Auckland, which we lease to long term tenants. We are always looking for properties to add to our portfolio.
What type of properties do we buy?
Industrial: We don't buy retail (shops) or offices. The buildings we buy are typically multi-purpose warehouses with a ratio of around 80% warehouse and 20% office and amenities.
Stand Alone or Unit Titled: We buy both.
Size: We currently own properties ranging from 100 m2 to 3000m2
Geographical area: Our properties are primarily in South Auckland but also in West Auckland and Taupo.
Condition: We buy both pristine modern tilt slab buildings and run down tin sheds. We have completed many refurbishment projects bringing older buildings up to modern standards.
Vacant or Leased: We purchase both vacant buildings and tenanted.
Expedio is very reluctant to buy a building with a Super 6 roof. We also do not usually purchase buildings with live-in tenants. Our business is industrial - not residential - leasing.
We will always give a very prompt response as to our interest in a particular building.