88 International - Angus Raine, Executive Chairman “Given our affinity with New Zealand and the similarities in how our two countries transact real estate, we have been eyeing an expansion across the Tasman for some time as a natural next step in our evolution. Our launch into New Zealand follows extensive consultation with real estate principals across the country, revealing an overwhelming appetite to align with an alternative network. With an international expansion that started in Malaysia in 1989, we are proud to have now established Raine & Horne offices in 13 locations in New Zealand so far. There is significant appetite for another major real estate brand in New Zealand, especially in this softer market where many, particularly independent businesses, are increasingly realising there is great value and safety in being a member of a major real estate group such as Raine & Horne. Due to our ranking as a global leader in Proptech, marketing, training and agency systems, we pride ourselves on our reliable and market-leading support for our offices, so it stands to reason that we are taking an aggressive approach to our New Zealand expansion. We are investing heavily in our New Zealand operations, including growing our presence in major cities, hiring local people, and developing relationships with key industry partners. Our unique value proposition of being a trusted brand that has a growing international presence along with a unique technology ecosystem of digital firsts such as game-changing AI and social media marketing technology Amplify, and online sales and property management appraisal platform, DigiKitPlus, are proving a hit with real estate principals in New Zealand. Given our affinity with New Zealand and the similarities in how our two countries transact real estate, we have been eyeing an expansion across the Tasman for some time as a natural next step in our evolution. We believe this move will help us to continue to grow our business and provide our Australian clients with better access to New Zealand real estate knowledge and assistance. One of the reasons that has attracted several notable New Zealand offices into joining the Raine & Horne brand is our ability to quickly adapt to a changing market conditions and make quick decisions that benefit our network. We are also one of the southern hemisphere’s oldest continuously operating firms which instils immediate trust with property owners in New Zealand knowing
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