Viranda considers a multitude of factors when acquiring commercial property on behalf of its overseas clients, including tax and legal guidance, yields and returns, along with clear communication around the consenting process for investing in New Zealand.
Recently, Oli was invited by the NZBC – New Zealand Business Council Dubai to share some thoughts on his robust approach when weighing up properties for clients. He was joined by Sue Mihakis Tierney who looked specifically at the process of securing finance.
Among the due diligence, perhaps the strongest yardstick for Oli, is a simple question to himself; “if it were my money, would I buy it?” Removing the emotion and making it a very business-based decision is key, yet you can sense the passion in Oli’s presentation about what it takes to succeed in this fascinating landscape.
Viranda’s commitment doesn’t stop with the first acquisition either, and he refers to the commercial market as a ‘journey’ – a constant chance to improve and add to a client’s portfolio over time.
If you are interested in learning more, there are some compelling tips, ideas, and investment opportunities to think about in this webinar.