18 BAY OF PLENTY BUSINESS NEWS <strong>June</strong>/<strong>July</strong> <strong>2018</strong>
COMMERCIAL AND INDUSTRIAL PROPERTY BAY OF PLENTY BUSINESS NEWS <strong>June</strong>/<strong>July</strong> <strong>2018</strong> 19 Focus on Property - A trusted name in commercial property Focus on Property is a leading <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> commercial property investment & management company based in Tauranga with a portfolio <strong>of</strong> 80-plus buildings. The majority are in Tauranga, but the company also manages buildings in Whakatane, Rotorua and Hamilton, as well as in Auckland and Queenstown. Founded in 2001 by Director Greg Robison, Focus on Property has since grown significantly to become one <strong>of</strong> the most trusted firms in the commercial real estate sector, managing over $250 million <strong>of</strong> property value. “We are not run <strong>of</strong> the mill managers,” says Greg’s fellow Director Kevin Baker, the company’s Property Development Manager. “Our specialist team has a proven track record in searching for and securing quality property investments. We take on properties that we know have the potential for us to help our clients create higher value buildings and maximise tenancy performance.” The firm is exclusively focused on commercial property, with a weighting towards the <strong>of</strong>fice and industrial sector. The firm also has some clients invested in hospitality and retail properties. Kevin says Focus on Property understands all <strong>of</strong> the moving parts <strong>of</strong> a commercial property investment. “Supporting our purchasers, we <strong>of</strong>fer a comprehensive property management service, but we also put a high priority on facilitating our clients’ investment strategies,” says Kevin. “The buildings we secure are long-term wealth-holding investments for the individuals, companies and family trusts we represent.” David Baker, who is involved with managing daily operations and implementing strategy and policy for the firm, notes the increasing importance <strong>of</strong> compliance for commercial property owners. “There are now a lot more compliance requirements in terms <strong>of</strong> building code regulations, health and safety obligations, fire systems, asbestos control and earthquake-strengthening requirements that owners need to be aware <strong>of</strong>,” says David. “There can be serious consequences for owners if anything goes wrong. We can navigate our way through the regulatory process, which is just one way we can transform properties and add value for our clients. High-quality end user tenants will pay higher rental rates for compliant, well-presented properties to minimize any risk to staff safety.” Kevin says revitalisation <strong>of</strong> the Tauranga city centre is encouraging for the market, with major projects like the new Farmers development, Quest Apartments, 2 Devonport Road and the University <strong>of</strong> Waikato, increasing intensification <strong>of</strong> the CBD. This will give the hospitality sector a much-needed boost, with the service industry needing to supply to this increased population. Greg and Kevin are involved in property personally, with interests in commercial buildings throughout the region, which allows them to relate to other investors on a level playing field. Focus on Property has recently managed the refurbishment and earthquake strengthening <strong>of</strong> 104 Spring Street and upon completion, relocated the <strong>of</strong>fice into the CBD to be part <strong>of</strong> the growing action. “We are very confident about the future <strong>of</strong> the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong>’s commercial property sector,” says Kevin. THE BAY OF PLENTY’S TRUSTED NAME FOR SECURING AND MANAGING QUALITY PROPERTY INVESTMENTS THAT CREATE VALUE AND MAXIMISE PERFORMANCE Operating in the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> for over 17 years, Focus on Property is a full service team <strong>of</strong> commercial property investment and management specialists <strong>of</strong>fering robust financial due diligence on property with a proven track record in searching for and securing quality property investments. SERVICES • Property Management • Project Management • Feasibility • Investment • Syndication • Development P1512Y 104 Spring Street, Tauranga Call us today: 07 572 1310 WWW.FOCUSONPROPERTY.CO.NZ