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.

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! (more…)

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 (more…)

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 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.