New President for NZ Property Investors Federation

10 May 2011

New President for NZ Property Investors Federation

At an Executive meeting held recently, Andrew King was elected as the new President of the New Zealand Property Investors' Federation.

Established in 1983, the Federation has twenty affiliated local associations situated throughout New Zealand. It is the national body directly representing the interests of over 7,000 property investors on all matters affecting rental-housing. The Federation also benefits the roughly 300,000 rental property owners who are not members of a Property Investors' Association.

Mr King takes over from Martin Evans who held the position for the past four years and contributed greatly to a better rental property industry for landlords and tenants.

During Martin's tenure he saw the successful introduction of the residential Tenancies Amendment Act last year, which involved countless meetings with Politicians, Government Agencies, Rental Property Owners and Tenant groups.

This Act helped to rebalance the rights, obligations and penalties imposed on landlords and tenants, producing a better system for the successful running of one of New Zealand's largest and important industries.

Martin has also successfully argued against unjust tax changes for rental property that some vested interest groups wanted introduced. Because of his work in this area the rental price increases currently occurring are not as large as they could have been.

Martin is a prominent Property Manager in Christchurch, with his workload expanding tremendously since the February earthquake.

The Federation Executive are extremely grateful to Martin for the immense effort that he has put into his role as NZPIF President.

As the new President, Mr King hopes to continue the excellent achievements that Martin has obtained, creating a business environment that allows people to provide good quality homes for New Zealanders.

ENDS

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