Colliers International manages the largest portfolio of independently owned retail property in New Zealand. This includes over 300,000 square metres of medium to large Shopping Centres valued in excess of $1 billion dollars and producing a retail turnover for the tenants in excess of $1.5 billion.
The total retail portfolio under management is in excess of 500,000 square metres and clients include major institutions such as Precinct, AMP, and Aviva. Many of the Centres are owned by New Zealand companies or individuals and the Centres are located throughout New Zealand.
Centres currently under Colliers management include Shore City and Downtown in Auckland together with Centre City in New Plymouth, Coastlands in Wellington and The Hub Hornby in Christchurch. Past experience also highlights our vast capability and expertise in the development and management of shopping centres, having been integrally involved with major New Zealand centre developments including Riccarton Mall - Christchurch, The Palms – Christchurch, Bayfair – Tauranga and LynnMall – Auckland.
Colliers’ objective is to maximize the income and capital growth of the retail Centres under management. By providing specialist marketing services we assist our clients in maximising turnovers for the retailers in the centres we manage.
With the extensive portfolio of centres under Colliers management, our ability to benchmark turnovers, rental and operating costs is used to the advantage of our clients in benchmarking and measuring the performance of their properties. This information is also used extensively in providing consultancy advice.
Colliers has a well-deserved reputation in overseeing retail projects that deliver a well located, well designed and expertly managed property for their clients.
Colliers also provides retail consultancy advice for both management and non-management clients throughout New Zealand. Recent consultancy projects include Westgate and Ormiston in Auckland, a new town centre adjacent to Coastlands in Wellington, and advice on most of the major retail redevelopment projects underway in the Christchurch CBD.
This consultancy can commence well before a project is delivered and can include preliminary market research, demographics, turnover projections, design advice, retail mix and tenancy advice.
Our range of services includes:
- Comprehensive analysis of demographics
- Centre precincting / mix and placement of tenants
- Feasibility studies to compare data from several developments
- Advice on best environmental practice
- Accurate forecasting of value, marketability and annual outgoings
- Turnover and rental analysis
- Turnover benchmarking
- Retail feasibilities
- Project co-ordination of input of building consultants and contractors
- Advice on ratio of floor space, optimum site development and choice of materials
- Lease negotiations
The aim of comprehensive project consultancy is to ensure rental projections are clearly defined in a centre built with an income exceeding budget and producing top quality turnovers.
In our experience, employing early retail consultancy ensures long-term success.
Colliers Real Estate Management are members of the International Council of Shopping Centres based in New York and regularly attend overseas conferences and events ensuring we are at the forefront of international retail trends. We are also members of the New Zealand Council of Shopping Centres.
Contact us to discuss your needs or gain further information.
Click here to view our Retail Real Estate Management capability statement.
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