Harcourts International Ltd has just recorded its best month ever
in its 117 year history despite rumours of a slow-down in the property
industry. In February 2005 the value of Harcourts' written sales
was a massive $1.4 billion throughout its Australasian operation.
In New Zealand alone, Harcourts' just on 174 offices achieved over
$940 million in written sales for the month, averaging out to $33
million per day, or $1.4 million worth of written property sales
Harcourts International Ltd's Managing Director, Mike Green, said
that buyers were continuing to show high levels of confidence in
property throughout both New Zealand and Australia, with some areas
"One of the most exciting aspects about these quite significant
milestones is that they were achieved in what has been described
as a 'softening market'. Clearly we are not experiencing the same
slow down as others in our industry. We are confident our aggressive
growth strategy along with our continued focus on outstanding customer
service, training, upskilling and technology is creating a true
industry leader at an international level," Mr Green added.
As the fastest growing real estate group in Australasia, Harcourts
now has 174 offices throughout New Zealand and Fiji with a further
close to 160 throughout Queensland, New South Wales, South Australia,
Tasmania, Western Australia, and Indonesia.
Harcourts International Ltd has continued to pursue an aggressive
growth strategy throughout Australasia, however is also currently
exploring options in China, Dubai, Thailand and the United Kingdom.