Auckland Property Investment Case Studies
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Soho Square, Ponsonby
Originally planned as a 32,386m2 mixed use development on the edge of the Auckland CBD, Soho Square fell victim to the market turmoil of the global financial crisis, and was placed into recievership shortly thereafter in 2009. Read more >>
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URS Centre, Ponsonby
Ray White Commercial were approached by the Vendor to identify a purchaser for the URS Centre, a sizeable modern office building in College Hill. Read more >>
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Penrose Industrial Estate
As part of a charitable trust’s strategy to shift the emphasis of their property portfolio to higher yielding investment stock, Ray White Commercial was approached and given a mandate to sell 13.9 hectares of their industrial ground lessor (freehold) interest in Penrose. Read more >>
Albany Home Centre
When Albany City Developments Limited (Cornerstone Group) wanted to sell their freehold (lessor) interest in the land containing the Albany Home Centre (leasehold) owned by ING, a contestable process was required to satisfy prime funder BOS that the best price would be achieved. Cornerstone Group also needed to ensure that ING (the incumbent tenant), which was participating in the process, paid a market price (if it was successful). Read more >>