Howick and Pakuranga Times
Botany and Ormiston Times : Botany and Ormiston Times Thursday March 12 2015
6 — Botany and Ormiston Times, Thursday, March 12, 2015 www.times.co.nz NEWZealand’s growing economy was a significant factor in Keld and Brendan Kelly’s decision to depart Europe after 30 years and turn their business experience to good use in Auckland’s hospitality industry. The pair bought the Quest Hotel franchise in newly established Highbrook Business Park recognising the hotel’s value to a rapidly growing commercial district and a wider East Tamaki region, home to some 475 medium to large businesses, 80 per cent of which were company head offices. “ We could have gone to Wellington, Queenstown or Auckland but chose the latter because Highbrook was offering an opportunity which was in line with our desire to work within a ‘growing’ business environment,” Brendan says, “and, of course, Quest is a business focused brand. “ We especially liked the Highbrook location because the business park was still growing. Our confidence was well placed as within two years of opening, our revenue has topped $2 million.” Keen to support the local business community and work with GETBA, Brendan says in return that community has also supported Quest. “East Tamaki is a good place to do business. Our guests are largely here because of local commercial interests. They may be consultants, contractors working on new local projects, employees from other company branches or professionals using the excellent convention facilities next door at the Waipuna Conference Suites.” With Quest Serviced Apartments being a business- focused hotel chain Brendan says the Highbrook locale and East Tamaki’s burgeoning growth are an appropriate fit. BUSINESS FEATURE Quest Hotel and business park an ideal match Brendan Kelly ADVERTORIAL 127789A-V2 20% off everything storewide* At least *Excludes already discounted items & those at best everyday prices *Credit criteria apply - Valid for purchases over $1000 only L A SE D E B KC10771 Goodman (nZ), the manager of Goodman Property Trust (“GmT” or “ Trust”), has announced three new development projects, comprising two industrial facilities and an office building at Highbrook Business Park to accommodate strong customer demand. The new commercial and industrial facilities, which have a total project cost of $28 million, will add 11,140sq/m of lettable area to the Trust’s investment portfolio. The additional space is expected to generate $2.2m of annual rental once fully leased and income producing, providing an initial yield of 7.9 per cent. Goodman (nZ) chief executive officer, John dakin, says a positive business environment is supporting the rapid expansion of Highbrook Business Park. “ With the award winning estate 100 per cent occupied, sustained customer demand is the catalyst for these new development initiatives,” he says. The new industrial developments include a design build facility for tool specialist machinery house, an existing customer at Highbrook whose business growth has necessitated a doubling of its floor space to 4600 sqm. The second industrial facility is being developed on an uncommitted basis to meet demand. The new 3400 sqm warehouse provides another option for mid-sized customers seeking high quality business premises. The success of the initial development stages of The Crossing and a shortage of available office space at Highbrook have also spurred the commencement of a new 3140 sqm office building. Located on a high profile site fronting Highbrook drive, the three storey office is already attracting strong customer interest more than 18 months ahead of its expected completion. “It’s extremely pleasing to be commencing a subsequent stage at The Crossing, less than two years after completing the initial development,” says dakin. “It reflects heightened levels of development activity right across the portfolio, with over $110m of new projects announced since march 2014.” The current development workbook also includes a recent commitment from downer EdI for a new 1160 sqm warehouse at Connect Business Estate in Penrose. The customer will take a 15 year lease over the compact industrial facility which has a total project cost of $2.2m. HIGHBROOK BUSINESS PARK $28 million project to accommodate demand Goodman announces mammoth Highbrook project : Photo supplied Silly rules examined SmaLL businesses are being encouraged to make submissions to a plan to reduce red tape. The Rules Reduction Taskforce has been formed to look at regulations administered by local authorities and unnecessary or pedantic rules administered by central government. Small Business minister Craig Foss says small and medium-sized businesses (SmEs) interact with the government agencies about nine million times every year, giving them valuable insight into the efficacy of many of the nation’s rules and regulations. “ These silly and sometimes contradictory rules, even within the same region, stymie business development,” he says. “new Zealand is a country of small businesses. Reducing red tape will make it easier to do business and help the new Zealand economy to grow.” He is encouraging small businesses to submit their suggestions online at www. govt.nz/rulesreduction by next June 1.
Botany and Ormiston Times Thursday March 5 2015
Botany and Ormiston Times Thursday March 19 2015