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Navigating shaky ground

Attention has been focused on the business risks seismic events can pose since last year’s Kaikoura earthquakes – and yet many people are still unclear about what they need to do.

Friday, January 27th 2017, 12:00AM

by The Landlord

Post-earthquake Christchurch

To that end, in the January issue of NZ Property Investor magazine we explore what commercial property owners should know before and after an earthquake strikes.

When the devastating Christchurch earthquakes hit back in 2010/2011, they took most people by surprise.

To a degree, the level of damage reflected the lack of anticipation and preparation.

In the six years since, seismic activity seems to have stepped it up a notch.

There have been significant earthquakes in Seddon and, more recently, Kaikoura.

As a result, awareness of the risks to people, property and businesses has increased, while much work has gone into strengthening buildings.

But as the immediate impression of each earthquake fades, so too does the level of preparedness.

How many commercial property investors know how to earthquake proof their property – or what to do should an earthquake damage their property?

In January’s NZ Property Investor magazine, we provide a rundown of the top 10 things investors need to do to get ready for and, in a worst case scenario, respond to an earthquake should one strike.

To read our top 10 tips in full, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

Tags: property investment

« Sealing the dealGovt deadline for earthquake risk masonry repair »

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AIA 4.55 3.19 3.19 3.49
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ANZ 4.44 3.15 3.25 ▼3.39
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ASB Bank 4.45 3.19 3.19 3.49
ASB Bank Special - 2.69 2.69 2.99
Bluestone ▼3.49 ▼3.49 ▼3.49 ▼3.49
BNZ - Classic - ▼2.55 2.69 2.99
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BNZ - TotalMoney 4.55 - - -
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 4.75 4.75 -
Credit Union South 5.65 4.75 4.75 -
First Credit Union Special 5.85 3.35 3.85 -
Heartland 3.95 2.89 2.97 3.39
Heartland Bank - Online - - - -
Heretaunga Building Society 4.99 4.35 4.45 -
HSBC Premier 4.49 2.60 2.65 2.80
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 3.99 2.58 2.68 2.79
Kainga Ora 4.43 3.29 3.39 3.85
Kiwibank 3.40 3.40 3.54 4.00
Kiwibank - Capped - - - -
Kiwibank - Offset - - - -
Kiwibank Special 3.40 2.65 2.79 3.25
Liberty 5.69 - - -
Nelson Building Society 4.95 3.45 3.49 -
Pepper Essential 4.79 - - -
Lender Flt 1yr 2yr 3yr
Resimac 3.49 3.45 3.39 3.69
SBS Bank 4.54 3.29 3.19 3.49
SBS Bank Special - 2.79 2.69 2.99
The Co-operative Bank - Owner Occ 4.40 ▼2.69 ▼2.75 ▼2.99
The Co-operative Bank - Standard 4.40 ▼3.19 ▼3.25 ▼3.49
TSB Bank 5.34 ▼3.35 3.49 3.79
TSB Special 4.54 ▼2.55 2.69 2.99
Wairarapa Building Society 4.99 3.75 3.99 -
Westpac 4.59 4.15 4.09 4.49
Westpac - Offset 4.59 - - -
Westpac Special - ▼2.55 2.69 2.79
Median 4.55 3.19 3.22 3.39

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