Today was a vocational day so early start as the team went to their various destinations. I had the pleasure of going to Bayleys Commercial and Industrial Office at Takapuna where I addressed the staff for some 20 minutes. Then off to view Bayleys trade area and was surprised to find that their rates for commercial and industrial were very akin to Brendale and the fringe Brisbane area. Cap rates are higher here so that would be of interest to investors seeking quality stock with good tenants. Tanya and Jennifer went off to view the workings of a staionery business whilst Rogen had a 2 hour session with lawyer and Rotarian President Carol Caulfield. Kelly went off to school to see how a primary school operates.
Mid afternoon and we inspected the Millennium Institute where the vision is to create a world class integrated environment for the achievement of excellence in sports performance and in personal health, recreation and fitness. This facility is the New Zealand version of the Australian Institute of Sport.
Time for a haircut and a bit of shopping then back to our hosts for an early night as we have another big day ahead tomorrow.