Hands-on management for owners of warehouses, distribution facilities and industrial units across Auckland. A dedicated team backed by ARIA, our operations platform — giving your asset genuine, consistent attention.
Talk to our teamIndustrial property is often described as the easiest commercial asset to own: long leases, strong tenants, low turnover. That's mostly true — which is exactly why owners get complacent and let things drift. A missed rent review, a structural issue left unattended, or a lease renewal handled late can quietly cost far more than a year of management fees.
AssetPro manages over $550 million of commercial property across New Zealand for 22 clients, including office, retail and industrial assets. Because our portfolio is deliberately small, your warehouse or industrial unit gets real attention from a dedicated team — not someone who only looks at it when something breaks.
Auckland's industrial market — through hubs like East Tāmaki, Penrose, Mount Wellington, Wiri, Albany and Rosebank — is among the tightest in the country. With strong demand and limited supply, the value is in getting the lease terms, rent reviews and outgoings right, and keeping good tenants in place for the long term.
Industrial leases are typically long with fixed, CPI or market rent reviews built in. We track every review and renewal date and action it on time — because a market review missed by even a year compounds for the rest of the lease.
Most industrial leases are net leases where the tenant pays outgoings — rates, insurance, structural maintenance, and any body corporate levies. We budget OPEX accurately, recover it correctly, and run a clean annual wash-up so you're never subsidising the building.
Roofs, hardstand, loading docks, fire systems and the Building Warrant of Fitness (BWOF) all need monitoring. We coordinate contractors, stay ahead of capital maintenance items before they escalate, and keep every compliance deadline tracked through our ARIA platform.
Straightforward reporting on income, arrears, maintenance and upcoming lease events — with a forward view so you're never caught out by a review date or a capital item.
ARIA — our Asset Repair and Information Assistant — is the proprietary operations platform that lets a deliberately small team manage $550 million of property without anything slipping. Every maintenance request on your industrial asset is triaged in real time, the right contractor is dispatched, follow-ups are automated, and every compliance deadline is tracked around the clock.
“I have worked with Lo Cheng over the past 12 years with regard to both leasing and divesting of commercial and industrial assets. Lo has consistently thought outside the square, and has shown the ability to add value to his clients and investors countless times with confidence.”
Yes. Long leases and strong tenants make industrial assets feel hands-off, but that's exactly where value leaks: missed rent reviews, deferred structural maintenance, and late renewals. Active management protects the income stream and the building over the full lease term.
Commercial management fees in New Zealand are typically a percentage of gross annual rent, around 3–5%, with a minimum fee (often charged on a time basis) for smaller properties. Single-tenant industrial assets usually sit at the lower end. See our commercial property management fees guide.
We manage industrial property across Auckland, including East Tāmaki, Penrose, Mount Wellington, Wiri, Rosebank and the North Shore.
Both. Our boutique model is built around giving every asset proper attention, whether it's one warehouse or a portfolio of industrial units.
Whether you're looking for a new manager or want a second opinion on how your warehouse or industrial property is performing, the conversation starts here.
Talk to our team