Waikato Business News July/August 2017

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2 WAIKATO BUSINESS NEWS July/August 2017 Lawyers with sharp minds and claws when you need them. Cross Boarder Structures & Transactions Significant Commercial Activities Succession & Transmission Commercialisation of Intellectual Property Real Estate & Property Asset Protection & Trusts Relationship Property Aasha Foley Associate Owen Culliney Partner 266 Victoria Street Hamilton 3240 iclaw.com PAN07-17 NEW MID-SIZE NEW MID-SIZE MALIBU CD PETROL MALIBU from NEWrspMID-SIZE CD PETROL from MALIBU rsp CD PETROL $ from rsp $ 33,990 33,990 +on roads +on roads +on roads CRUZE EQUIPE CRUZE EQUIPE 1.8L SEDAN AUTO CRUZE 1.8L SEDAN EQUIPE AUTO from rsp 1.8L from rspSEDAN AUTO from $ rsp $ 25,990 +on roads 25,990 +on roads +on roads COLORADO 4X2 COLORADO 4X2 CREWCAB AUTO COLORADO CREWCAB AUTO 4X2 from rsp CREWCAB from rsp AUTO from $ rsp $ 39,990 +on roads 39,990 +on roads +on roads 2017 2017 HOLDEN COLORADO 2017 HOLDEN COLORADO The Holden Colorado range is a lot of ute for a tiny price. You get 3.5 tonne towing The power, Holden electric Colorado power range steering, is a Apple® lot of ute CarPlay for a tiny and price. Android® You get Auto 3.5 tonne technology towing power, electric power steering, and car-like Apple® comfort CarPlay all round. and Android® Auto technology The Holden Colorado range and is a car-like lot of ute comfort for a all tiny round. price. You get 3.5 tonne towing FINANCE power, electric power steering, Apple® CarPlay and Android® Auto technology 1% Fixed annual and car-like interest, comfort no deposit all round. required, 36 month term. While stocks last on new Holden Colorado purchases registered by 31/08/2017. Not 1% available Fixed annual with any interest, other offer. no deposit Heartland required, Bank Limited’s 36 month lending term. While criteria, stocks terms last and on conditions new Holden and Colorado fees apply, purchases including registered establishment by 31/08/2017. fees of $656 Not 1% available Fixed with annual any interest, other offer. no deposit Heartland required, Bank Limited’s 36 month lending term. While criteria, stocks terms last and on conditions new Holden and Colorado fees apply, purchases including registered establishment by 31/08/2017. fees of $656 Not available with any other offer. Heartland Bank Limited’s lending criteria, terms and conditions and fees apply, Offer available including whilestablishment stocks last. Offers end fees April of 30th $656 2014. Not available with other offers. Private customers only. Offer available while stocks last. Offers end April 30th 2014. Not available with other offers. Private customers only. Offer available while stocks last. Offers end April 30th 2014. Not available with other offers. Private customers only. THESE DEALS ARE AS GOOD AS THEY GET THESE DEALS ARE AS GOOD AS THEY GET EBBETT THESE DEALSHOLDEN ARE AS GOOD AS THEY GET EBBETT HOLDEN 204-208 EBBETT Anglesea St, HOLDEN Hamilton, T 07 838 0949 204-208 Anglesea St.Hamilton. T 07 838 0948 • 0800 280 888 • www.ebbett.co.nz 204-208 Anglesea St.Hamilton. T 07 838 0948 • 0800 280 888 • www.ebbett.co.nz www.ebbett.co.nz 204-208 Anglesea St, Hamilton, T 07 838 0949 www.ebbett.co.nz 204-208 Anglesea St.Hamilton. T 07 838 0948 • 0800 280 888 • www.ebbett.co.nz 204-208 Anglesea St, Hamilton, T 07 838 0949 www.ebbett.co.nz 5965158AA 5965158AA 5965158AA FINANCE
WAIKATO BUSINESS NEWS July/August 2017 Booming Hamilton gives investors the hard sell From page 1 3 hectares to the city and the Inland Port another 480 hectares, redefining Hamilton’s boundaries to the south and east. Unlike recent massive growth to the north, Peacocke and Ruakura Inland Port’s relatively close proximity to central Hamilton can only boost activity in the CBD. Peacocke will bring 3700 new houses over 10 years and 8100 over 30 years while the inland port will ultimately include a large housing subdivision, a 60 hectare logistics zone and a large commercial area. Ultimately, the port is tipped to create at least 6000 new jobs and make up eight percent of the city’s land area. The proposed regional theatre at the historic Hamilton Hotel looms as icing on the cake. No wonder Hamilton City Council is talking up the potential to attract people and business to the city. The council’s general manger for city growth Kelvyn Eglinton has recently conducted forums in the business community to explain how the council is going to pitch the city as a place to invest in on a website ‘Hamilton Invest’. “We got the message that we need to do something to start telling the story of Hamilton,” he says. “You need to do something that tells of its economy and lifestyle, we need to do something that is better coordinated and a central place for investment.” “Hamilton Invest” will Hamilton City Council general manager for city growth Kelvyn Eglinton. act as a central landing point for potential investors giving them detailed information on economic information, costs, resources and investment opportunities in Hamilton and its surrounding areas. The website is scheduled to go live on July 31. The initiative rides on the back of incredible growth. Last year 4400 people came to live in Hamilton - “a busload full each week”, as Kelvyn puts it. “We expect that to be about the same in 2017 on current numbers,” he says. “When the market took off in 2013 we were building around 600 houses a year. The next year we were up to 1200 and we’ve held those numbers every year since.” The council’s partnership with the Government through its Housing Accord and the Housing Infrastructure Fund loan could see those annual Anthony Jones, group chief executive of Tainui Group Holdings' partner in the Inland Port, LINX Cargo Care Group Ltd, with Tainui Group Holdings chief executive Chris Joblin on site at Ruakura. numbers climb to 1500 or even 1700 dwellings a year in coming years. “Why are we taking this approach around telling the story and being better coordinated? Because we have these competitive advantages and we don’t tell the story,” says Kelvyn. “We don’t tell people that we are within a 90 minute drive of half the country’s population. We don’t tell them that we have affordable residential and industrial land. We have the highest percentage of high value workforce in the country - a higher proportion of knowledge intensive employees than Auckland and the rest of New Zealand. Yet we know some businesses don’t come here because they don’t think we have the workforce they require.” “People don’t realise how strong our economy is. The Hamilton economy is worth $7.6 billion and Waikato economy $21 billion.” Kelvyn says investment planned in the CBD will have a significant impact. “We know there are call centres coming from Wellington and Auckland, we know there are hotel projects doing due diligence at the moment, there’s the DHB building in Collingwood St, the Genesis building in Bryce St and the Anglesea St Medical Centre. That’s another 1500 people a day coming into the CBD in the next 12 months.” “Adding to that we’ll see many more apartments in the city over the next 12 to 18 months. That also will make a significant change to the CBD.” - Geoff Taylor is also a Hamilton City Councillor. Time to sell your business? Jono Kennedy 021 045 3871 Otago Greg Dunn 027 293 0377 Tony Begbie 029 200 6515 Scott Laurence 027 473 5425 Graeme Finch 027 495 3413 Craig Paul 021 786 496 Being in business for yourself is one of the most exciting and rewarding things that you can do. It can be challenging, it can be tough, but the satisfaction of running and building a successful business is immense. So if you’re wanting to sell a business you’ve built up over time, or want to buy an independent future for you and your family, we’re the people to talk to...and we are based right here in Hamilton. ABC Business Sales Waikato | Your Trusted Advisors NZ’s #1 Business Brokerage 2010 - 2015 REINZ AWARDS FOR EXCELLENCE visit www.businessesforsale.co.nz for hundreds of new listings AUCKLAND HAMILTON TAURANGA ROTORUA HAWKES BAY MANAWATU WELLINGTON CHRISTCHURCH DUNEDIN LIC REAA 2008
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