Market reflections
The commercial property scene has seen a mix of ups and downs so far this year, influenced by economic shifts and investor attitudes. Recent reports suggest that while there’s been a slight dip in national investor confidence compared to last quarter, it’s still stronger than 2023 which points to a resilient market. Industrial properties are the strongest of the asset classes, followed by the office sector.
Here at Viranda, we’ve seen an increase in transactions this quarter, which is a positive sign as we move through 2024. For us, tailoring solutions to our clients’ needs will continue to be vital to achieve positive long-term results.
That’s because when it comes to property investment, there’s no one-size-fits all approach. Understanding our clients’ goals and the market is key. We carry out extensive analysis on the market and take careful consideration of individual needs to ensure a personalised service that maximises returns.
So, while market conditions are still in repair mode, with the right strategies, we remain confident we can continue to find the most effective property solutions for our clients.
Our freshest face
Meet our new asset manager, Jordan Auckbarally. Jordan brings a ton of experience from residential property and facilities management to her role, making her an expert at juggling the fast-paced demands of commercial property.
Originally from Wales, she’s spent the last nine years making NZ her home. Jordan’s big on open communication and thanks to her warm and friendly nature, she develops strong relationships quickly, ensuring her clients are well looked after.
Give us your thoughts
Take five minutes to tell us about your current portfolio situation and long-term aspirations in the commercial property space.* This will help us to understand your unique situation even better and tailor our solutions for the best long-term results.
Please provide as much info as possible, plus any extra relevant thoughts. We’ll be in touch once we’ve received your feedback.
*Your contact details and feedback won’t be shared outside Viranda.
New property accounting service
We now have a brand-new Light Property Accounting Service designed to make our clients’ lives easier when it comes to managing commercial properties.
This service allows us to have visibility over our clients’ accounts which means they can be more hands-off – if that’s what they want. We can also load payments ready for approval and provide more extensive reporting.
To learn more, contact us.
