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Herdson marks 30 years at Colliers

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A chance meeting while on holiday in the Bay of Islands in the 1980s led Peter Herdson to the property industry and this month the National Director of Capital Markets notches 30 years at Colliers.

Having completed a Bachelor of Commerce at the University of Auckland, Herdson came across Michael Judd (who would later work for Colliers) while in the Bay of Islands and Herdson joined development company Chase Corporation as a property manager in 1987.

While that firm went under only two years later, Herdson continued his progression in property management and joined Colliers in late 1993.

Despite having his first child on the way, he took the leap to brokerage in 1995 and embarked on what has become an incredibly impressive career where he is one of the longest-standing Colliers employees in New Zealand.

With three decades of service on the clock, Herdson says the people and culture of Colliers have played a significant role in why he stayed with the firm.

“Our business has an established reputation of hiring great people who have contributed to making this an enjoyable place to work,” Herdson says.

“Colliers has been incredibly lucky to have enjoyed such stable leadership over the years with the likes of Executive Chairman Mark Synnott spending nearly 29 years as the CEO. Mark has been a huge influence on myself and the firm with his growth mindset and focus on account management.”

While working in the capital markets space leads to large transactions such as the sale of the Antipodean supermarket portfolio of 19 supermarkets for $287 million in 2015, Herdson says the buzz of doing deals is still as exciting as ever.

“It’s satisfying to be able to put a deal together, regardless of size, particularly when it is with clients who you have known for many years.

“I am proud of the relationships I have been able to forge throughout my time in the industry. It’s a small market in New Zealand, so maintaining relationships is paramount.”

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Peter was part of the team who sold The Warehouse in Royal Oak, Auckland this year.

Herdson counts The Warehouse Group as a long-time key client and was part of the team who sold The Warehouse in Pah Road in Royal Oak in Auckland earlier this year. He also brokered multiple deals during the sell-down of land in Lunn Avenue in Mount Wellington as it was transformed from an industrial area to a thriving large format retail precinct.

Such longevity means Herdson has seen considerable change across the property sector.

“For starters, the growth of our Capital Markets team at Colliers, which now stands at four Brokers and two support staff, has been outstanding and it is pleasing that we have been able to establish ourselves as the market leaders in this space.

“I have been impressed watching the growth of the Colliers network across New Zealand and have taken great enjoyment from collaborating with our various offices around the country.

“Overall, the industry has become more sophisticated with technology and AI. There is also much more liquidity around now and private offshore investment funds have become more active in New Zealand.”

Gareth Fraser, CEO of Colliers New Zealand, says Herdson has developed an impeccable reputation as a trustworthy property expert who is held in high regard by the firm’s clients.

“Peter’s remarkable longevity and commitment to Colliers is something he can be tremendously proud of,” Fraser says.

“He has been an integral figure in the growth of Colliers from its formative years in New Zealand to the present day where we are now flourishing as a true market leader.

“Peter’s success has largely been down to his unrivalled ability to build long-lasting relationships that he has continued to nurture across multiple decades. His dedication to providing excellent service to his clients is something all aspiring property professionals can look up to.”

Related Experts

Peter Herdson

National Director | Capital Markets

Auckland CBD

In 1993 Peter returned to New Zealand from the United Kingdom with several years’ experience in property management and development. During this time, he worked for Vanson Developments (Richard Branson´s property development company) for two years, and in investment and management for Fuller Peiser (Rolls Royce and Vickers Pension Funds). Upon his return to New Zealand, Peter joined Colliers International (NZ) Limited, where he has been ever since.

Peter now leads the Colliers International Capital Markets division, based in the Auckland CBD. The team is proud to have established a new approach to collaborative working within their division, a first the New Zealand marketplace. 

The “Power of Five” approach with the Capital Markets team has driven exceptional outcomes for client service since 2007. The team has adapted a charter unique in the market, with over 100 years of combined experience. The personal and professional networks of 5 directors operating as a cohesive team across all projects, provides maximum leverage and market coverage for our vendors. It ensures an acceleration of all our clients success.

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Gareth Fraser

Chief Executive Officer | New Zealand

Auckland CBD

As the Chief Executive Officer, Gareth is responsible for leading the Colliers New Zealand business, which includes nearly 750 experts across 30 locations.

Gareth’s responsibilities include guiding the strategy and growth of the New Zealand business and he works closely with the Colliers APAC and global teams to maximise collaboration and implement global initiatives.

He has extensive experience in the Australasian property market having first joined Colliers in 2000 and worked across multiple service lines, including Real Estate Management, Occupier Services, Leasing and Sales. He worked in the banking sector from 2005-2011 before returning to Colliers.

Prior to becoming CEO, Gareth led the Investment Sales team at Colliers for eight years.

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