Page 26 Advertisements Column 2

Press, 15 September 1986, Page 26

Hobbs Wilkinson For property, project and term ownership financing Hobbs Wilkinson & Co. Ltd. | 118 Hereford St. Telephone (03)67-774 Christchurch. |

Most Experienced Property Management Mana g er . . . provide a professional Property Management Service . . . The Company Challenge Property Management together with Challenge Properties Estate Agents Limited, MREINZ, form an organisation offering professional property expertise throughout New Zealand. The group is wholly owned by Fletcher Challenge Limited. As a result of the merger in 1981 of Fletcher Holdings Limited and Challenge Corporation Limited the combined expertise in property services formed Challenge Property Management — the property management arm of Challenge Properties Limited. Activity Challenge Property Management operate as managers in the field of shopping centres and commercial properties, and always on behalf of independent owners. An example is the BNZ Centre in Wellington where a management contract exists with the Bank of New Zealand. Another is the Manukau City Shopping Centre in Auckland which is head leased and managed by Challenge Property Management. Experience The company celebrates in 1986, 21 years of successful property management. It boasts annual retail turnover through its managed shopping centres in excess of $5OO million in 1985. Challenge Property Management has 1500 tenants through its managed property portfolio which includes in excess of 25 shopping centres and in excess of 100 commercial buildings. Challenge Property Management provides property owners with professional expertise ensuring effortless management of properties. Its reputation is testimony to the high standard of property management sldlls it possesses. 0 Congratulations and Best Wishes to the Property Management Institute for a successful conference Most Experienced zS<l Property Management Mana g er Head Office Fletcher Challenge House, 810 Great South Road, Penrose, Auckland 6, New Zealand? P.O. Box 1249 Auckland. Telephone (09) 599-979. Tplpy N 72441 Marac House, 105-109 The Terrace, Wellington 1, New Zealand. P.O. Box 943 Wellington. Telephone (04) 737-840. Branch: Ist Floor, “The Canterbury Centre,” 166 Cashel Street, Christchurch 1. P.O. Box 22-135 Christchurch. Telephone (03) 796-522.