This week’s new links & changes:
There are more than 1100 direct links to external websites on the Bob Dey Property Report links page. This page is devoted to bringing site updates to your attention. If your site’s listed on the External links page, please let me know when you introduce new material. If it’s not listed and it should be, send me an email: [email protected].
3 January 2010:
St Laurence Property & Finance Ltd changed its name on 16 December to Irongate Property Ltd and released its interim result on 24 December – improved, but still a loss. Executive chairman Kevin Podmore said of the rebrand: “This report is the first under the new company name. We believe the new name & branding will clearly signal to the market the company’s new strategic direction and also distinguish Irongate as a separate entity from its 34% shareholder & manager, St Laurence Ltd.”
Earlier story, 31 December 2009: Irongate (ex-St Laurence P&F) improves bottom line, Albany leasehold takes most blame for continued loss
Link: Irongate Property
FastCompany.com is “a blended media website & community platform for people passionate about business ideas. Our core topics of concern are innovation, technology, leadership, management, social responsibility, design, careers & work/life balance. The site combines world-class journalism with expansive community tools for members to create their own content. Member content is prominently featured alongside staff work.” It seeks to uncover best & "next" practices, has blogs by sector experts and has a social network called the Company of friends to enable contributors to get to know each other. I came across Fast Company when I was reading a story on the New York High Line – the railway line that’s been pulled up, leaving a raised line that’s been turned into a city feature – and found the concept intriguing.
Link: Fast Company
Portfolio Mortgage Co Ltd (Ken Weatherburn & Jennie Walsh) is based in Takapuna and sources most of its funding through a committed credit line provided by mortgage funds administered by ING (NZ) Ltd. Mr Weatherburn has 25 years experience as a commercial property finance specialist. He was a senior manager at CBA Finance Ltd, Westpac Merchant Finance Ltd & Westpac Banking Corp, responsible for a diverse portfolio of corporate & private property investors & developers, and was part of the team which instigated the establishment of the first specialist property finance unit within Westpac & associated lending & credit policies. This unit was subsequently replicated by Westpac throughout Australia, and ultimately adopted by all the other major banks in New Zealand. Since leaving Westpac 8 years ago, Mr Weatherburn has focused on his own property & other investments, a property consultancy & lending business and, in the past 5 years, his involvement with the Property Mortgage Co group. Additionally, he’s performed advisory roles in relation to property finance for major clients such as the Auckland & Wellington City Councils, investment banks, licensing trusts & insurance companies. Jennie Walsh has 18 years’ experience in the finance & banking sectors. Before the establishment of the Portfolio Mortgage Co group, she worked at Ford Motor Co Ltd, Countrywide Bank Ltd & Westpac Banking Corp. Her 11 years with Westpac included terms as property finance relationship manager, Auckland business banking area manager responsible for about 20 lending managers & their support staff, and senior strategy & credit roles. Ms Walsh has completed independent property finance advisory contracts for commercial businesses, property developers, Auckland & Wellington City Councils & insurance companies. She holds a BA (Economics) & a BCom (Management) from Auckland University and has completed a number of papers towards a Bachelor of Property degree. Parker Joyce, a chartered accountant & 30-year veteran of the going-concern sector, has recently retired as chief operating officer of Mt Wellington Trust Hotels Ltd (which owns the Waipuna Hotel & Conference Centre & other liquor businesses). Mr Joyce is the manager of the Mt Wellington Charitable Trust and is involved with a number of other community organisations. His part-time role with Portfolio Mortgage Co focuses on developing the broker network and on building the company’s profile directly with investors in the going-concern sector.
Link: Portfolio Group
Chartered accountant Stephen Robertson operates as a commercial & residential broker & independent financier through Capital Care Finance Ltd, on Anzac Avenue, specialising in structuring funding packages to specifically match client requirements. He has ongoing, established relationships with a wide range of commercial lenders.
Link: Capital Care Finance
Richard Blakey & Robert Scott set up specialist planning consultancy Blakey Scott Planning Ltd in Auckland 5 years ago. Their firm provides town planning & resource management services to private sector, local government & central government clients. Andrew Wilkinson became the firm’s third partner 3 years ago.
Link: Blakey Scott
Former KPMG partner & Equiticorp Group statutory manager Gerry Rea has 2 partners in the specialty insolvency firm he began in 2000, Gerry Rea Partners Ltd – Paul Sargison (ex-KPMG Christchurch) & John Leonard (previous roles include 7 years at the Serious Fraud Office).
Link: Gerry Rea Partners
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