The value of proven results.
MB Cook is Canterbury’s most established commercial and industrial real estate specialist. Our proven performance is underpinned by close to a century of experience and results.
MB Cook is Canterbury’s most established commercial and industrial real estate specialist.
Our proven performance is underpinned by close to a century of experience and results.
At MB Cook we deliver the best possible outcome for owners and tenants in the commercial and industrial property sales and leasing market. We achieve this by working hard, tailoring our approach and negotiating prudently.
We are proud of our history, proud of our track record, and proud to be known as successful local specialists.
The value of a company
Our understanding of the commercial and industrial property market and our commitment to genuine service has set us apart since the beginning of the business in 1928. Working honestly and developing long-term relationships is what our reputation is built on.
Delivering true value is our focus. We partner with our clients to understand their needs, provide honest advice and feedback, and to secure the best deals and outcomes.
- Understanding the market
- Understanding your needs
- Providing honest advice and feedback
- Securing the best deals and outcomes
Market InsightsWinter 2019
As 2019 continues to roll out it’s time to reflect on the first four months of the year...
Statistically the first quarter has mirrored that of 2018. Transaction numbers are high in both Industrial and Office sectors. This statistic on its own reflects the number of enquires being fielded and the positive nature of the current market.
Listings are trickling in. Some Landlords who converted suburban industrial warehousing to office space are now reverting back to more traditional ratios of office to warehouse in an attempt to entice tenants to sign long term leases.
From the sale and purchase side of our business we were pleased to see our current government back down in their drive to bring in a capital gains tax. Up until that time sales transactions tended to be a slow and rather drawn out process. Post this decision the enquiry level has lifted significantly.
Simply put - we have enquiry, we have the stock and MB Cook is transacting.
AML continues to be the main discussion point within our office and (from what we hear) in most real estate agencies offices throughout New Zealand.
This Act of Parliament involves every transaction we process came into effect for real estate from the 1st January 2019. We cannot act for a client, be it a lease or a sale, landlord or vendor, unless we have satisfied the requirements of the Act. This can be a simple or complex process depending on the complexity of the ownership of the property. In its simplest form it is a case of supplying information pertaining to the directorship or ownership of the company and following up with a copy of each owners’/beneficiaries’ passport and a utility bill evidencing each residential address. Don’t worry if you don’t have a current Passport - there is a list of other forms of ID that are acceptable. With more complex ownerships further financial information may also be needed. Solicitors have been required to fall in line with this Act for nearly a year now and we have been fortunate in many circumstances to obtain the requisite verifiable information direct from them. If you are listing with us and need help please let us know.
Finally, we at MB Cook believe that the winter ahead with its traditionally slower months will still see a good number of transactions happening. The market remains strong, interest rates remain low and there is a positive vibe in the market place.
If you are looking to sell, purchase or lease a commercial property take time to call the MB Cook commercial and industrial real estate specialists to discuss.
Do take some time to enjoy the glorious autumn colours in our garden city, we are indeed truly blessed.