The Three Wins For Business in Auckland’s Urban Density Battle

The fight for space in Auckland is reaching new heights as the city’s 30 year plan starts to grind through to its final stages.

Without a doubt urban density has been the number one issue as the Auckland Council has drawn up it’s Unitary Plan and put it out to the public for submissions.

Submitters ranging from private individuals to corporations and government departments are all having a lot to say about the pros and cons of denser housing and business districts.

It is a sign of our times. And hard up against it is the increasing hot debate about property values in Auckland.

These issues are not going to end any time soon.

So what’s in it for business?

I believe it is like all looming crises. There is always some great opportunities in tough times through innovation and thinking creatively.

I see three wins for business in property planning.

Win One:

The immediate upside is that property developers, architects  and engineers are already coming up with a wider range of solutions for commercial buildings and workspaces. One size fits all no longer cuts it. The luxury ofgreenfields planning is starting to become a thing of the past.  Brownfield sites and mixed use developments are going to be on the up and up. This provides great opportunities for custom-made solutions that can end up being both more cost effective and good for your brand.

Win Two:

The opportunity to take a close look at what space you really do need and where you should be located. The trends towards hot desking, remote working, doing business online, Just in Time (JIT) strategies about holding stock is revolutionizing our way of thinking about the space we need.  Unless there is a sense of urgency we often put up with premises that are less than ideal.  Resizing or shifting is not always a costly move.

Win Three:

Thinking about being close to home.

The successful businesses of the future will be those that have got their heads around the fast changing dynamics of doing business on the move, having flexible workspaces that will shift and change according to business strategies.

Being in the right place at the right time will enable you to attract the best staff,  and clients.

The real opportunities in Auckland will be around doing some smart thinking about location of work forces and work places. It is not going to be all about the CBD, its fringe and traditional industrial zones. Mixed use developments are on the up and up. One particularly interesting place to watch will be New Lynn.

So if you’re sick of the endless debates about the pros and cons of urban density; think creatively about what opportunities there may be.

Landlord wars on TV3

My predictions of the potential for “landlord wars” in the commercial rental property glut [see blog article of 16-Feb] created headlines on TV3’s ASB Business programme yesterday…

Peter Scott's TV3 interview - Landlord wars loom for commercial property sector

My predictions of the potential for “landlord wars” in the commercial rental property glut [see blog article of 16-Feb] created headlines on TV3’s ASB Business programme yesterday. Click here to view a video of my “Landlord wars loom for commercial property sector” interview with TV3’s Michael Wilson.

A new look for changing times

I talk often about the need for flexibility and creativity to adjust to the fast changing and challenging economic conditions. In tougher times, it is crucial for achieving winning solutions. Well, there is nothing like practicing what you preach! …

I talk often about the need for flexibility and creativity to adjust to the fast changing and challenging economic conditions. In tougher times, it is crucial for achieving winning solutions.

Well, there is nothing like practicing what you preach! Continue reading “A new look for changing times”

$4,590 tickets to property conference free to first 2 subscribers to respond!

Parallel Directions has two complimentary registrations to give away for the 12th Annual Commercial Leasing & Property Management Conference being held at the Crowne Plaza on Tuesday 26 August and Wednesday 27 August 2008. The complimentary tickets worth $2,295.00 + GST each are free to the…

Parallel Directions has two complimentary registrations to give away for the 12th Annual Commercial Leasing & Property Management Conference being held at the Crowne Plaza on Tuesday 26 August and Wednesday 27 August 2008.

The complimentary tickets worth $2,295.00 + GST each are free to the Continue reading “$4,590 tickets to property conference free to first 2 subscribers to respond!”

Parallel Directions Expansion

After 10 years of continual growth in the New Zealand market, Parallel Directions has now attracted significant overseas investment and formed a partnership with international loss adjusters, GAB Robins. The company is represented in 38 countries by a total of 4,000 professional staff. The new investors recognised the value and opportunity of Parallel Directions’ unique offering around the optimisation of property lease portfolios.

We are going to continue the tradition of the Parallelogramme for existing and new clients to offer some insights and news into current trends and happenings in the commercial property lease market.

Top of mind for everyone right now is the ranging reports and predictions about the slowing economy and potential recession.

Welcome To The New Look Parallelogramme

Welcome to my new look Parallelogramme. When you last heard from me, it was when Parallelogramme was an e-newsletter. And now with information coming out our ears on the Internet and via email, I thought I would go for a postcard style way of keeping people in touch and use this blog.

So I’ll be posting the latest news and trends in the commercial property lease market regularly.

And to kick off, I want to talk about something that will be top of mind for everyone in business right now; the state of the property market. A key question for many business leaders in the midst of the doom and gloom will be considering what to do with their property portfolio.