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Richard Findlay | Colliers | Wellington (Agency)

Richard Findlay

B.Comm, LREA, FPINZ

Managing Director

License # 10016156 | Licensed under the REAA 2008

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About

Professional Summary

As an owner of Colliers International Wellington Richard has been involved in all aspects of the business and specialises in high value transactions and development opportunities.

He has over 25 years experience in commercial property and been involved in a large number of Wellington’s biggest sales.

Richard offers his clients a strong understanding of the wider commercial market whilst still delivering specialist advice across different property sectors. With a global breadth of local knowledge at hand, he takes a personal interest in ensuring his clients are kept well informed of the Wellington property market.

Richard began his career with commercial leasing and later sales and spent three years with central London property firm Gooch & Wagstaff. Between his expertise, knowledge base and the networks he maintains, he prides himself on being one of Wellington’s best informed brokers.

Richard was formerly on the Wellington committee for the NZ Property Council and is a past chairman for the Wellington branch of the NZPI.

Accomplishments

Richard is a fellow and former chair of the Wellington branch of the Property Institute.  He is a member of the Wellington Property Council and a Director of a number of property companies.
 

Notable Sales Transactions Include:​

• Carlaw Park, Auckland ($110m)

• 119 Ghuznee Street ($6.45m)

• 110 Featherston Street ($30m)

• Victoria Lane, 161 Victoria Street (confidential)

• 126 Lambton Quay ($15m)

• 32 Waring Taylor Street ($5.4m)

• 97 Taranaki Street ($25m)

• Amora Hotel

• 13-27 Manners Street ($19.6m)

• Civic Assurance House, 114 Lambton Quay ($10.1m)

• Cumberland Building ($19m)

• Trade Me ($21m)

• Willeston Building (confidential pricing)

• Animates ($4.5m)

• Boom Rock Road ($3.75m)

• Southward Industrial Portfolio ($25m)

• ASB Bank Tower ($22m)

• Dress-Smart, Main Road, Tawa ($8.6m)

• Warehouse and Warehouse Stationary Buildings (Various)

• TAB, KFC, Westpac and ANZ Retail Portfolios

• Porirua Megacentre ($16.1m)

• Centre City Plaza ($17m) Morrison Kent House ($32.7m)

• Harbour Quays, Ports of Wellington (circa $75m)

• 94-102 Cuba Street, Te Aro, Wellington ($13.13m)

• Plimmer Towers, Wellington ($40m)

• 142 Wakefield Street, Te Aro, Wellington $5.0m)

• 453-477 Hutt Road, Lower Hutt ($5.5m)

• Countdown Portfolio, Nationwide ($287m)

• 100 Cable Street, Te Aro, Wellington ($10.6m)

• 90 Cable Street, Te Aro, Wellington ($16m)

• Countdown Crofton Downs, Crofton Downs, Wellington ($21m)

• HP House, 8 Gilmer Terrace, Te Aro, Wellington ($15.35m)

• 18-22 Manners Street & 142 Willis Street, Te Aro, Wellington ($43.44m)

• 136 The Terrace, Wellington ($2.035m)

• Cnr Whitmore and Waterloo Quay (Confidential) 

• ANZ, 57 Vivian Street ($17m)

• 269 Willis Street, Wellington - Land ($18.5m) 

Education

After completing a BCom (Valuation and Property Management) Richard specialised as a commercial leasing and sales broker in Wellington.

For three years Richard worked for the central London property firm Gooch & Wagstaff.

 

Membership Involvements

F.P.I.N.Z

Licensed under the REA 2008

Clients

• Willis Bond & Co

•  Grant Thornton

•  PWC

•  Wellington Waterfront Limited

• The Wellington Company

• Primeproperty Group Limited

Services

Service Lines

Brokerage: Landlord Representation, Property Marketing, Investment Sales, Site Sales

Property Type

Office, Hotels, Investment

My Team

Featured Research

5 Oct 2021

Colliers Essentials | Wellington Retail Report | Second Half 2021

The Wellington CBD retail vacancy rate reduced to 6.2% in the June 2021 survey, down from 7.0% recorded in June 2020. While there has been some buoyant leasing activity for prime quality and well-located shops, overall leasing conditions remain challenging, especially for secondary premises. Overall strip retail vacancy rates are expected to remain elevated over the next 12-18 months , especially in the hospitality and entertainment sectors, due to restricted trading activity from Covid-19 Alert Level requirements.
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4 Oct 2021

Colliers Essentials | Wellington CBD Office Report | Second Half 2021

The high proportion of government occupied office space in Wellington (around one-third), the resilience of the private sector demand profile and ongoing changes to total available supply due to seismic strengthening requirements have combined to keep vacancy rates relatively low over the past year. The overall vacancy rate is at 6.7%, up only marginally from the 6.4% recorded in the June-2020 survey. Prime grade vacancy remains at extremely low levels, currently at just 1.1%.
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17 Mar 2021

Colliers Essentials | Wellington CBD Office Report | First Half 2021

Underpinned by government occupation and bolstered by New Zealand’s better than expected economic performance, vacancy within Wellington’s CBD increased only marginally over the second half of 2020. The overall vacancy rate increased from 6.4% to 6.9%. The increase was largely confined to the secondary market which saw vacancy reaching 8.7% whilst conditions at the prime end of the market remained tight with a vacancy rate of just 1.0%
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Featured News

12 Mar 2020

Demand for Wellington CBD stock going from strength to strength

The predicted drop in the OCR rate is tipped to fuel already strong demand for blue chip properties in the commercial property market.
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2 Mar 2020

Kāpiti Landing retail offer ready for take-off

A sprawling Kāpiti Coast retail precinct is being offered for sale, providing an opportunity for investors and developers to take part in the transformation of one of New Zealand’s fastest-growing areas.
Read More
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