eKourier April 2016

FEATURES Set For Success At Wellington W e have completed the strengthening and fit out project for our expansion into the empty third building at our Wellington site.

When we acquired the Wellington site, this existing third building was very much unloved. Floors full of junk and some materials left over from a failed attempt to use this building from the previous Storage King owner. Once we had the existing business in buildings one and two settled down, we then commenced the strengthening requirements in building three to bring it up to current building standards. This involved some serious bracing and addition of steel to the existing founda- tions and walls and then concreting into place, an expensive but necessary process. The transformation of the building has been amazing. You can see in the photos how the building has turned from a dark unused building to a sea of rentable units. Fit out of the new units commenced straight away. This resulted in 2,250 square metres of lettable space divided over approximately 140 units on four floors added, with the emphasis on larger size units to meet demand. One of the opportunities with the acquisi- tion of this site was to reduce the large percentage of smaller units. The Team are highly motivated to rent up these spaces now. Credit and thanks must go to the Wellington Team for managing the site while the construction took place. With all the challenges of ensuring the existing storage spaces were not interrupted by contractors and machinery. Project now over, time to find the next acquisition in the Wellington market... Andrew Kirkham Operations Manager NZ

12 Kennards Kourier April 2016