12 | Palmerston North: Higgins Family Holdings Continuing to evolve T from page 10 Higgins Family Holdings has a proud history in the Manawatu region. REGIONAL DEVELOPMENT Securing key blue-chip tenants is now a focus as the attraction of Palmerston North grows. The family is proud of its Manawatu heritage and when Covid first impacted businesses in the region, Higgins Family Holdings was one of several business organisations in the Manawatu invited to attend the Covid recovery meeting called by Mayor Grant Smith. “You cannot go past the fact that the Higgins family is deeply passionate about the Manawatu region. They believe in the region, and that’s why the Manawatu Industrial Park is going ahead in the way it is. “One of the strengths of a family like the Higgins is their history. They have become known New Zealand wide through their contracting days and continue to add value with their property projects,” says the Mayor. Grant Higgins describes the property arm of Higgins Family Holdings as developers and long-term holders of land and commercial/ industrial buildings, who like working with groups to deliver long-term value and not the type of business to develop commercial property to sell in the short term. “The business is always looking for long term commercial and industrial development opportunities, along with bare land for residential development,” says Grant. “Once the contracting business was sold, property was seen as a way forward for the family, which is inter-generational. “There are now four generations in the business and there will be more in the future. Property was seen as a way of maintaining an investment for the future generations.” T Industrial park - page 14 PMB Landco is the subsidiary company of Family Holdings, which owns and develops the Manawatu Industrial Park. They have successfully delivered several long-term commercial and industrial developments in the region, establishing a reputation for professionalism and trust. “We work with tenants to create a win-win situation, developing buildings that we can be proud of with a long-term perspective. Throughout the development process we try to be as transparent as we can. “As a developer you are always balancing tenant demands and requirements, with the practicalities and affordability of a development, while focusing on the quality of the development. Higgins Family always view things with a long-term lens and that creates win/win outcomes,” says Grant. Over the last few years Manawatu/Palmerston North has enjoyed a very high level of commercial and industrial construction. Although the landscape in the world is changing the Palmerston North market is proving to be very resilient. The city has several infrastructure projects underway, with the Te Ahu a Turanga roading project, investment at Linton and Ohakea, Massey and Mid Central Health. With potential of a Rail Freight Hub, adjacent to the Manawatu Industrial Park, the next decade looks exciting for the region. Accelerating Success Commercial Real Estate Proud Supporter of Higgins Concrete & Family Holdings Colliers Palmerston North offer free, no obligation commercial/industrial sales and leasing advice so please feel free to call one of us today on 06 354 7080 Commercial Consultants (PN) Ltd, Colliers, Licensed REAA 2008 Grant Lloyd Director 021 433 144 Doug Russell Director 027 222 8088 Phil Nevill Director 021 396 092 Janine Hodgson Broker 027 702 3277 Alan Pye Levin Broker 027 518 1909
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