Coastal & Country is an independent capital asset advisory and agency business based in the Bay of Islands. We cover commercial, horticulture, pastoral farming, rural lifestyle, tourism and specialised asset categories and going concern businesses. We strive to deliver the best service and outcome for every client.

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Call Nigel Mayson on +64 027 222-5858

436 Kāpiro Rd, Kerikeri, Bay of Islands 0294

Mon to Fri 8.30 AM to 5.30 PM

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Ricoh Head Office

Property Advisory & Project Marketing

Ricoh Head Office is the former Auckland headquarters for property and construction firm Mainzeal who were placed in receivership (and subsequently liquidation) in early 2013. Our involvement for the client was focused on initial financial modelling of the investment opportunity, acquisition of the property from PwC (Mainzeal receivers), design-development for a substantial building extension, consenting, marketing and procurement of a 10 year lease by international firm Ricoh of 3,000 sqm of refurbished and new A-grade office space. The investment feasibility and occupier lease structuring was complex given uncertainty regarding the future cost of two underlying ground leases.


  • Coordination of due diligence investigations.
  • Modelling the potential 10-year financial performance.
  • Property acquisition.
  • Initial design team briefing and engagement.
  • Management of concept development (two level extension).
  • Resource consent procurement.
  • Preparation of the project funding proposal.
  • Briefing of commercial valuers.
  • Development of all marketing collateral.
  • Coordination of leasing activities to tenant vacant space.
  • Lease negotiation.
  • Coordination of lease documentation.
  • Stakeholder liaison.

Russell Property Group