Knight Frank expands in NZ

KNIGHT Frank has expanded in New Zealand with the opening of an Auckland CBD office.

This follows the December opening of Knight Frank North Shore. The two new offices join Knight Frank’s existing South Auckland operation.

Knight Frank’s expansion strategy in New Zealand commenced with the acquisition of Link Realty in South Auckland in 2006.

The agency will also operate its international residential business from the CBD location, focusing on the growing demand from overseas investors and expatriate owner occupiers.

Knight Frank’s NZ chief executive Peter McVann will head up the operation initially, which will focus on corporate leasing, capital transactions, integrated property management, property accounting systems, asset management, retail and fringe CBD sales and leasing markets.

McVann said the new offices support the company’s growth strategy in New Zealand.

“Knight Frank is committed to a national growth strategy in New Zealand driven largely by strong demand for property advisory services,” McVann said. “In a tightening credit and property market the need for clients to receive the right real estate advice is of increasing importance. We aim to be the best property adviser in the New Zealand market as opposed to the largest.”

Australian Property Journal