PHOTO: Mike Pero Real Estate. FILE
Announced in December 2023, the deal has significantly bolstered Raine & Horne‘s presence in New Zealand, expanding its reach to encompass 70 offices.
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The official acquisition of Mike Pero Real Estate from Liberty Financial Group on March 28 solidified this expansion, adding 56 franchise offices to Raine & Horne’s portfolio in New Zealand.
This strategic move follows closely on the heels of Raine & Horne’s initial launch in New Zealand just under a year ago, which began with four offices on the North Island and swiftly grew to over a dozen.
With the integration of Mike Pero Real Estate into its brand, Raine & Horne’s executive chairman, Angus Raine, emphasized the commitment to providing outstanding service and expertise to clients across both the North and South Islands.
The timing of this acquisition aligns with a broader brand refresh within Raine & Horne, featuring a modernized visual identity. This, coupled with the significant expansion in New Zealand, positions the company as a dynamic leader in the market.
Raine underscored the importance of continual evolution and growth, highlighting the acquisition as a testament to Raine & Horne’s dedication to innovation and dominance in the Australasian real estate sector.
The company’s aggressive growth strategy, exemplified by this acquisition and recent efforts in Fiji, distinguishes Raine & Horne as a trusted brand with an expanding presence across Australasia.