Both agencies say they are delighted to have facilitated a significant retail lease in Wellington and thank Stonewood Group and Mitre 10 for the opportunity and their trust throughout the negotiation.
Author Archives: tommys
For the first time, it won the Real Estate Institute’s Community Service Award (Small) and Sustainability Award as well as the Individual Residential Salesperson of the Year (Sam Newble).
“To win an award at any time is very humbling and to be recognised for the support in the community is very, very special,” Tommy’s chief executive Ben Castle says.
Wellington’s commercial property market, although currently bearish, has historically shown remarkable resilience, presenting astute investors with the opportunity to diversify their portfolios and capitalise on future upturns, according to Ben Castle, CEO of Tommy’s Real Estate.
The state of the market contrasts with the hope and confidence of three months ago, when the prospect of a fresh new government and a decline in interest rates
The calendar year is underway and there is an air of confidence surrounding the property market as a whole.
“Naturally, the future of the country is on everyone’s minds at present,” Tommy’s Group CEO Ben Castle says.
‘The Wellington winter housing market is shaping up to be similar to what we would expect to see in terms of listing numbers,” Tommy’s Sales Director Tim Clark says.
“However, there are pockets of confidence driving activity. Both buyers and sellers, landlords and tenants are managing to complete favourable transactions in the Wellington market.”
“The recent Official Cash Rate announcement, however, signalled more certainty, there-fore confidence will start to filter back into the market and activity will pick up.”
Howzat? Two top Kiwi sportsmen have joined the ranks of Tommy’s Real Estate’s most valuable players.