To our Dear Clients, Partners and Friends,
2023 has been a challenging year for all of us. Multiple (13 in total) interest rate rises, the re-opening of borders and continuing reduction of rental supply, meant that the rental market has continued to be be buoyant to levels not seen in years.
Since establishing ourselves 5 years ago, we have gone from strength to strength and we are proud to report that, as we are closing the year, we have achieved all our goals for the year.
Our objectives for 2023, were different to other years. This was a year in which we tried to help landlords and tenants navigate uncharted territories. Our measure of success this year was to support our Clients continue their journey towards achieving personal and financial goals. Our measure of success was also to support our tenants, who through no fault of their own, also found themselves stretched. We are proud to report that we achieved on both of those objectives. The great relationships and friendships we continued to maintain and the new ones we started this year, as well as the brilliant results in terms of minimum vacancy periods for our properties and way above average rents when compared to the industry, is the proof of just that!
The New Year will see us continue to operate as a well oiled business, with strong foundations to meet head on, all new challenges the “universe” throws at us. With inflation and interest rates hopefully slowing down, 2024 will hopefully will be the year that some normality returns. Our sincere hope for all, is that interest rates do return to pre covid levels when our economy was humming and everyone was happy.
The good thing for You, our beloved Clients (both landlords and tenants), is that with NextGen, YOU will continue to be in good hands. Few – if any – agencies can match our commitment, dedication, great team and the efficient process we operate under. That means that we will continue to stay on top of things for you, we will not neglect our landlords, tenants and partners and will be able to maintain the level of personal service that has set us apart from other agencies since our inception.
Personal service, care and communication is what we built our business on and something we know we need to continue, for as long as we operate!
So here’s a MASSIVE THANK YOU to all of you: our landlords, our tenants, and our friends and partners. We couldn’t have done it without your support.
Merry Christmas and Happy 2024! We wish you happiness, good health and prosperity!
NextGen Property Mgmt