Two real estate companies to merge

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PHOTO: Real Estate Agents. FILE

According to STUFF Southland Real Estate and Bayleys Real Estate are to merge, with the amalgamation to be complete in June.

Bayleys Southland director David Gubb said the merger reflected the long-term visions both agencies held for the province, founded on decades of on-going demographic and economic growth.

“We’re excited about the Southland Real Estate stable joining the Bayleys brand,” Gubb said.

“The company has a well-deserved reputation in Invercargill, Winton, and Riverton, which will be enhanced by accessing Bayleys’ extensive industry-leading back-office support services such as national print and digital marketing in conjunction with a strong community sponsorship programme both locally and nationally.”

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Southland Real Estate director and company founder Gus Johnston said the proposed dual-branded business of Bayleys Southland Real Estate reflected the respect both parties had for each other, with the new agency’s sales team remaining committed to the region.