PHOTO: Whangamata Real Estate. SUPPLIED
Barfoot & Thompson‘s expansion in the upper North Island persists with its recent acquisition of Whangamata Real Estate. This development closely follows the establishment of two Residential Sales offices in Tauranga – Cherrywood and Ōmokoroa – achieved in late 2023.
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Led by third-generation family members Peter Thompson (Managing Director) and Stephen Barfoot (Director), alongside CEO Chris Dobbie, the century-old company has traditionally held strong positions in Auckland and Northland. Venturing into Tauranga and now the Coromandel signifies a new chapter in Barfoot & Thompson’s history.
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Chris Dobbie, CEO of Barfoot & Thompson, highlights Whangamata Real Estate’s nearly 70 years of establishment in the local area, emphasizing their shared strengths in market presence and longevity in the real estate industry.
The strategic move into the “Golden Triangle” region – encompassing Auckland, Hamilton, and Tauranga, where nearly half of New Zealand’s population resides – positions Barfoot & Thompson for broader expansion. With established roots in Auckland, a majority shareholding in Lodge Real Estate (Hamilton), and existing offices in Tauranga, the company now has a solid foundation to extend its reach into the Coromandel.
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Moreover, the acquisition provides Barfoot & Thompson’s international affiliations, connecting Whangamata Real Estate clients to the Leading Real Estate Companies of the World®. As one of only three real estate agencies in New Zealand belonging to this exclusive global network, Barfoot & Thompson enhances its global presence through Luxury Portfolio connections.