Christie's International Real Estate Enters New Zealand Through Partnership with Leading Brokerage Team on the Country's North Island

Core Insights - Christie's International Real Estate is expanding its presence in the Asia-Pacific region with the launch of its first exclusive affiliate in New Zealand, Thomas Estates [1][4] Company Overview - Thomas Estates is co-led by award-winning agents Russell and Angela Thomas, focusing on the Waikato region, including Hamilton, Cambridge, and upscale suburbs like Tamahere, as well as Auckland and Bay of Plenty [2] - The Thomases have a 12-year track record in luxury real estate, specializing in high-value properties, with sales reaching up to NZD$18,000,000 (USD$10,200,000) [3] - Luxury properties in Hamilton typically range from NZD$2,000,000 to NZD$6,000,000 (USD$1,100,000 to USD$3,400,000) [3] Market Positioning - As an affiliate of Christie's International Real Estate, Thomas Estates will leverage the brand's global luxury network, which includes affiliates in 50 countries and territories, providing clients with local and international exposure [4][8] - The partnership with Christie's offers exclusive marketing opportunities, enhancing the visibility of properties in New Zealand and abroad [5] Regional Insights - The Waikato region is known for its outdoor activities and sports, particularly in the Waipa District, which is significant for New Zealand's thoroughbred industry and Olympic training [6] - Hamilton is characterized by a vibrant mix of business, culture, and tourism, with ongoing development initiatives aimed at long-term growth [6] Regulatory Environment - New Zealand currently has restrictions on real estate purchases by foreign residents, but there are indications from Deputy Prime Minister Winston Peters about a potential relaxation of these policies, which could positively impact the real estate market [7]