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.
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.