Change of ownership at Harcourts

The six offices of Harcourts on the Hibiscus Coast and in Mahurangi have been bought by Harcourts Cooper & Co, which already owns 13 offices across the North Shore and West Harbour.

Cooper & Co has taken over Tandem Real Estate, which had offices in Orewa, Snells Beach, Whangaparaoa, Warkworth, Silverdale and Matakana.

Managing director Martin Cooper says the northern areas of Auckland will see incredible expansion in coming years.

“All areas of northern Auckland will see significant growth as the city sprawls to the north,” he says.

“We are very excited to have the opportunity to acquire existing offices that will service this future potential in a vibrant and contemporary way.

“We see great things for the Hibiscus Coast and Mahurangi now and into the future.” Nearly all staff have been retained in the six offices, plus two new office managers have been recruited.

“Our North Shore business makes up a 33 per cent market share in that area, and we are expecting the same for our new acquisitions,” Cooper says.