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Our story

We have property covered.

Originally established in 1988, Preston Rowe Paterson is a firm of property valuers, analysts, advisers and consultants who operate throughout New Zealand and Australia with links globally.

In early 2015 a number of independent and market leading New Zealand valuation practices joined forces under the Preston Rowe Paterson brand creating an excellent network of coverage across the North and South Islands of New Zealand.

Since Preston Rowe Paterson’s inception, it has been our philosophy to be recognised as an elite supplier of investment, development and asset professional property services.

To us ‘property’ means all forms of real estate and infrastructure as well as plant, machinery and equipment. We aim to provide superior property advisory services specialising in valuation, property and asset management, facilities management, transaction management, consulting and property market & economic research.

Our fundamental business and service principles are knowledge, experience, professionalism and innovation, which we demonstrate in our day-to-day operations. At Preston Rowe Paterson, we employ educated, professional and confident staff who are committed to delivering the Preston Rowe Paterson service to the highest possible standards. Furthermore, we have developed a state of the art, web services based, client connectivity system named ‘PRPonline’. ‘PRPonline’ is our latest innovative addition and has significantly enhanced connectivity with our clients and service offering.

Whether in the context of:

  • The types of clients we represent,
  • The property classifications we deal with,
  • The locations we cover; or
  • The reasons clients use us:-

“We have property covered.”

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Our clients

We have all client profiles covered.

We act for an array of clients with different property needs including:-

  • Accountants, auditors, insolvency practitioners;
  • Banks, finance companies & lending institutions;
  • Commercial & residential non-bank lenders;
  • Co-operatives;
  • Developers;
  • Finance & mortgage brokers;
  • Hotel owners & operators;
  • Institutional investors;
  • Insurance brokers & insurance underwriting companies;
  • Investment advisors;
  • Lessors & lessees;
  • Listed and private companies & corporations;
  • Listed property trusts;
  • National and regional government departments & agencies;
  • Mining companies;
  • Mortgage trusts;
  • Overseas clients;
  • Private investors;
  • Property syndication managers;
  • Real Estate Investment Trusts (REITS);
  • Rural landholders;
  • Solicitors and barristers;
  • Sovereign wealth funds;
  • Stockbrokers;
  • Superannuation funds;
  • Trustee & custodial companies.

 

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Types of real estate

We have all real estate types covered.

We provide valuation, advisory, research, acquisition due diligence management, asset and property management services for all types of real estate including:

  • Metropolitan & CBD commercial office buildings;
  • Retail shopping centres & shops;
  • Industrial, office/warehouses & factories;
  • Business parks;
  • Hotels (accommodation) & resorts;
  • Hotels (pubs), motels & caravan parks;
  • Residential developments projects;
  • Residential dwellings (houses/apartments/units);
  • Rural properties;
  • Special purpose properties;
  • Extractive industries & resource based enterprises;
  • Infrastructure including airports and port facilities.

“We have <em>property</em> covered.”

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Asset, plant & machinery valuation

We have all types of asset, plant and machinery covered.

Our asset, plant and machinery valuation, appraisal and advisory division undertake valuation of all forms of plant, machinery, furniture fittings and equipment including:

  • Mining & earth moving equipment/road plant;
  • Resort & accommodation, hotel furniture, fittings & equipment;
  • Office fit outs & equipment;
  • Farming equipment;
  • Transport equipment;
  • Industrial/factory equipment;
  • Licensed club furniture, fittings & equipment.
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Our service area

We have all locations covered.

From our major city and regional office locations we serve our client’s needs throughout New Zealand.

Our New Zealand offices include:

  • Auckland (Head office)
  • Wellington
  • Hamilton
  • Tauranga
  • Dunedin
  • Greymouth
  • Morrinsville
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Reasons for our services

We have your needs covered.

Our clients seek our property (real estate, infrastructure, plant and machinery) services for a multitude of reasons including:

  • Acquisitions & disposals;
  • Alternative use & highest and best use analysis;
  • Asset management;
  • Asset valuations for financial reporting to meet New Zealand Accounting Standards Board (NZASB), IFRS & IVSC guidelines;
  • Compulsory acquisition & resumption;
  • Corporate merger & acquisition real estate due diligence;
  • Due diligence management for acquisitions and sales;
  • Estate transfers
  • Facilities management;
  • Family Law settlements
  • Feasibility studies;
  • Funds management advice & portfolio analysis;
  • Income and outgoings projections and analysis;
  • Insurance valuations (replacement and reinstatement costs);
  • Leasing vacant space within managed properties;
  • Listed property trust & investment fund valuations & revaluations;
  • Litigation support;
  • Marketing & development strategies;
  • Mortgage valuations;
  • Property syndicate valuations and re-valuations;
  • Rating and taxing objections;
  • Receivership, insolvency and liquidation valuations and support/advice;
  • Relocation advice, strategies and consultancy;
  • Rental assessments and determinations;
  • Sensitivity analysis;
  • Strategic property planning.
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Corporate social responsibility

We have corporate social responsibility covered

The Preston Rowe Paterson Australasia Board of Directors are passionate about our business being responsible corporate and global citizens.

To that end, in 2015, the Board endorsed the firm’s move to become a signatory to the United Nations Global Compact. Our application to become a signatory, addressed United Nations Secretary General was accepted in October 2015.

The UN Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment and anti corruption:

Human Rights

Businesses should support and respect the protection of internationally proclaimed human rights

Make sure that they are not complicit in human rights abuses

Labour

Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining

The elimination of all forms of forced and compulsory labour

The effective abolition of child labour

The elimination of discrimination in respect of employment and occupation

Environment

Businesses should support a precautionary approach to environmental challenges

Undertake initiatives to promote greater environmental responsibility

Encourage the development and diffusion of environmentally friendly technologies

Anti-Corruption

Businesses should work against corruption in all its forms, including extortion and bribery

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Careers

We have careers covered

Preston Rowe Paterson’s success stems from exceptional leadership as well as the talented individuals who join our team and strive for excellence. As a professional property consultancy and advisory business there are many opportunities for passionate property individuals. Whether you are an experienced professional or starting your career in property, Preston Rowe Paterson can help individuals realise their full potential.

We are proud of our reputation and currently have a graduate program to develop candidates experience through involvement in complete property matters. A more recent initiative is the Preston Rowe Future Leaders Academy

Our Directors provide guidance, which when teamed with our knowledge, innovation and experience ensure our graduate program delivers results. We want people to succeed and believe in educating individuals. We encourage participation by all members of staff to get involved in industry events, workshops and the internal training days we hold regularly.

To apply for a position with us, please send your resume in confidence to careers@prpnz.nz.