Opteon says it will become the largest property valuation company in New Zealand by revenue
Opteon says it will become the largest property valuation company in New Zealand by revenue.
The firm has announced that it has acquired a substantial stake in New Zealand’s largest privately-owned valuation company Sheldon & Partners Ltd.
Two years ago, Opteon entered into a formal partnership with Sheldon and also acquired Landmass Technology. The two firms have adopted the Opteon brand this month.
“We have brought together their respective operating and management strengths to deliver clients access to more data rich and cost-efficient valuation products and services, including Opteon’s award winning Cubetec platform,” said Opteon’s Director of Operations in New Zealand, Derek Smith.
The firms will be the largest in the country by revenue in a market worth $100 million.
The firm’s chief executive, Australian-based Chris Knight added that the New Zealand market offers great opportunities due to its strength and said that the firm will continue to build strategic partnerships where there is a good cultural and professional fit.
“Sheldons and Landmass are both good examples of this – they are market leaders here, and the rebrand to Opteon will strengthen our partnership moving forward, said Mr Knight.
“The changes we are introducing here are also consistent with emerging dynamics within the Australian property valuation market. Our plan is to get out in front of changing client needs, and the feedback we are receiving indicates we are absolutely on the right path here,” Mr Knight added.
The firm has announced that it has acquired a substantial stake in New Zealand’s largest privately-owned valuation company Sheldon & Partners Ltd.
Two years ago, Opteon entered into a formal partnership with Sheldon and also acquired Landmass Technology. The two firms have adopted the Opteon brand this month.
“We have brought together their respective operating and management strengths to deliver clients access to more data rich and cost-efficient valuation products and services, including Opteon’s award winning Cubetec platform,” said Opteon’s Director of Operations in New Zealand, Derek Smith.
The firms will be the largest in the country by revenue in a market worth $100 million.
The firm’s chief executive, Australian-based Chris Knight added that the New Zealand market offers great opportunities due to its strength and said that the firm will continue to build strategic partnerships where there is a good cultural and professional fit.
“Sheldons and Landmass are both good examples of this – they are market leaders here, and the rebrand to Opteon will strengthen our partnership moving forward, said Mr Knight.
“The changes we are introducing here are also consistent with emerging dynamics within the Australian property valuation market. Our plan is to get out in front of changing client needs, and the feedback we are receiving indicates we are absolutely on the right path here,” Mr Knight added.
