Advancing the position of landlord of choice18 April 2023 / 3 min read
Oyster’s newly appointed General Manager – Property, Fabio Pagano, shares his perspective on what sets Oyster apart from the competition, why active asset management is more important now than ever and what lies ahead for Oyster’s property team over the coming 12-months.
Active asset management from the ground up
As a full-service property and fund manager, Oyster has unique insight across the entire property ecosystem – from the macroeconomic environment to the building envelope.
Our team of experienced property professionals work closely with our tenants every day to ensure we’re meeting their needs well into the future, alongside driving strategic initiatives to deliver growth.
“Our in-house advantage has secured Oyster a strong position in the New Zealand market and the ability to deliver ongoing value to both our tenants and our investors,” says Fabio.
“Some of New Zealand’s most trusted brands and companies have our properties as their base. That’s something we’re very proud of.
“Building our reputation as a landlord of choice plays a critical role in our strategy and as a result, we continue to see strong occupier demand from quality local and international organisations.”
“Alongside robust leasing activity, over the past 12-months, Oyster has delivered exciting developments across our property portfolio to support the commercial goals of our tenants, including asset and amenity upgrades, and key sustainability initiatives.
“We’re excited to keep driving this strategy forward in FY24.”
“Active management has never been more important than in the current economic climate and close tenant relationships sit at the heart of our ability to manage risk and identify opportunities for growth.
“Over the coming year, our key focus is on protecting asset and investment value, driving rental growth, securing quality long-term leases and attracting great new tenants,” says Fabio.
Hands on the future
Fabio leads Oyster’s in-house asset, property, facilities and development management teams, which provide tenants with industry leading services and ensures all Oyster properties are maintained to a high standard, to ensure enduring occupier attractiveness and ultimately investment value.
For Auckland’s Central Park business park tenant Estée Lauder, Oyster’s hands-on approach to property management has left the team free to focus on what’s important to them.
“Oyster is really flexible to suit the needs of each business – the team will be as hands on or hands off as works for your business and we’ve found this very helpful,” country manager Teresa Marlin says. “We can drive our business while Oyster looks after the building,”
Onsite amenities such as restaurants, cafes, childcare and a gym are ticking boxes for employees, and the team is excited about what’s ahead for its workplace.
“I think the whole future focused outlook of Oyster attracted us to the business park – with living, entertaining and working all available in one place.”