Whether you’re in the market looking to invest in a commercial property or you already own commercial real estate, you’ll want to ensure that you get the maximum return on your investment.
A party purchasing a business typically includes a restraint of trade provision in the contract. In consideration of the price, the purchaser requires comfort that the vendor cannot undermine the business by competing in such a way that compromises its value or goodwill. Penalties for breaching a restraint should also be considered at the time of contracting. The following case was recently before the High Court and demonstrates the issues at play.
If you are looking to relocate, refurbish or simply refit your existing offices, you’ll no doubt be looking for professional help and guidance to support you through the process. There will be many questions and challenges that spring to mind, and whilst every organisation and office space is different, the fundamental questions at the outset are often the same.
2019 is continuing the general themes of uncertainty that were with us in 2018. It’s a case of some things better, some things worse, and some things just chugging along much as they were.
Smart city – an urban area that uses different types of electronic data collection sensors to supply information which is then used to manage assets and resources efficiently. A smart city enables, empowers and advises people. It monitors the environment for improvement and ensures choices available are visible and accessible.
New Zealand is a target for money launderers. It is estimated that well over $1 billion a year from drug dealing and fraud is laundered through New Zealand businesses.
The latest issue of NAI Harcourts Market Leader is out now, featuring articles on:
Today NAI Harcourts launches the third NAI Harcourts Key Assets commercial property portfolio for 2018. This issue brings a variety of properties and businesses for sale from around the country, that we are sure will raise buyers’ interest in the various investment markets.
Business remains good around the country with a steady flow of transactions has enabled continued growth of our key commercial management divisions in Auckland, Hamilton and Christchurch.