Shayne Hodge Interview - Part 2 Post-Waltus Investments and Strategies

Post-Waltus Investments and Strategies

After leaving Waltus, Shayne discusses his personal investment strategies, including acquiring properties with short lease terms and adding value through lease negotiations, subdivisions, and redevelopment. He shares examples of properties he has purchased and sold, such as the Granada North industrial property, the Port Domain industrial park in Seaview, a Thorndon Quay mixed-use building, the former NZ Post mail distribution center in Petone (converted into a Bunnings store), and the PrintLink property in Petone.

Investments in Auckland Industrial Properties

Shayne explains his recent investments in industrial properties in Auckland, citing higher yields and growth potential compared to Wellington. He emphasizes the importance of acquiring properties with good underlying land value and functional buildings that can be redeveloped over time. Shayne discusses the factors contributing to Auckland's industrial market dynamics, such as land constraints and the demand from third-party logistics providers.

Mentors and Lessons Learned

Throughout the interview, Shayne credits his father, John Hodge, and businessman Bob Jones as significant mentors who shaped his business philosophy and approach. He shares valuable lessons learned, such as understanding the 'WIFM' (What's In It For Me) principle, maintaining a balance between business and family, and the power of visualization and focus in achieving success. Shayne also discusses the importance of finding successful mentors in one's field and emulating their practices.

You're listening to an interview by Kevin Dee