COMMERCIAL INVESTING in taranaki

The commercial division is set to be a major player in the business brokerage game. Russell Atkinson will lead the specialty area, bringing expertise from a career in marketing and sales. Russell joined McDonald Real Estate just two months ago at the persuasion of friend and long-time McDonald team member Kevin Hight. Kevin has a face people know and trust, he’s managed the commercial sales and leasing department for 10 years, joining the board of directors in 2012. He knows the market better than most, overseeing the commercial and industrial portfolio for all of Taranaki.

Brokerage is a natural progression for the firm, and at a golden time as a generation faces retirement and owners look to step away from their well-established businesses. There’s a large amount of business in the baby boomer arena, people want to exit in the next five to ten years. 

We encourage people to talk to us early, we can prepare your business for sale and get it into a situation where it’s going to be more profitable - Kevin says.

Russell and Kevin have the knowhow and outreach to sell any business. They’ve both owned and sold their own and understand the preparation and marketing that is vital for a successful sale. They’re committed to providing a service that sellers won’t find elsewhere, because business brokerage isn’t currently offered as a specialised industry in Taranaki. Russell and Kevin will use their experience, knowledge and New Zealand wide contacts to connect buyers and local sellers.

Investment in the region is growing each year. Expectation of yields has come down and interest rates are dropping. Taranaki is a desirable place to live – the lifestyle on offer is unparalleled, and centres like New Plymouth, Stratford and Hawera are currently undergoing development. The retail sector is steady and industrial real estate is thriving. The team have information packs available for prospective buyers and tenants as well as potential investors outside of Taranaki – to sell the region, not just the properties.

www.eieio.co.nz