Opes
What’s the difference between Opes and buying from a developer directly?
Many investors who focus on New Builds ask: “Why would I use a company like Opes Partners? Why not go to a developer directly?”
Developers
3 min read
Author: Andrew Nicol
Founder, 20+ Years' Experience Investing In Property, Author & Host
Reviewed by: Ed McKnight
Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Here at Opes Partners we recommend New Build properties to investors.
But we don’t develop properties ourselves. Instead, we scour the country looking for properties we think stack up as investments.
So, lots of people ask: “Who are all the developers you work with?”
Well, we counted them. In total there are 123 property developers we’ve had a relationship with over the last 3 years.
And because we believe in full transparency we’re making this public.
In the past I’ve been reluctant to do this.
Let’s be frank. You could go to these developers directly, not use our service here at Opes, and cut us out. But I’m going to tell you who the best developers are anyway because:
This doesn’t mean every property these guys build is going to be a banging investment.
So, before you go looking at all the developers, make sure you read the next section:
Just because a developer is on this list does not mean everything they build is a good investment.
In fact, I turn down properties from these developers all the time. Around 67% of the properties we look at don’t pass our investment criteria.
So don’t look at this list and think, “Opes said they are good, so I’m using them.” While we do due diligence on every developer we work with, companies can and do change.
If you approach one of these developers directly and purchase a property, you can’t wave your finger at us if the investment doesn’t work out and say: “But you said X developer was good …”
The purpose of this list is transparency, not to give every developer here a rubber stamp to say they are “Opes approved.”
Developers also change over time and when circumstances change we change our recommendations.
Before we get into the whole list let’s go through the four main categories of developers:
The first category covers developers we currently recommend. This means that at the time of writing we are actively recommending some (but not all) of their properties:
There are an additional 32 developers in this category. You can see them all in the table at the end of this article.
The second category is developers we have relationships with, but not currently recommending at the moment, which includes:
There are an additional 17 developers in this category. You can see them all in the table at the end of this article.
The third category is developers we have worked with in the past, but not currently recommending them or their properties. This includes:
There are an additional 48 developers in this category. You can see them all in the table at the end of this article.
Here is the list of developers we don’t have a relationship with and do not recommend.
To be clear, this doesn’t necessarily mean these properties are badly built. But, it does mean we think their properties are not good investments.
For some on this list, we would go as far as saying that there are serious risks of investing with them.
To give you a sense of why we don’t recommend these developers, we’ve written honest and open reviews on a few.
Here is the full list of developers we do and don’t recommend. Use the search bar in the table (below) to look for a specific developer.
Current as of 28th April 2025..This list changes frequently.
There are over 100 developers on this list, so you might be thinking: “How do I figure out which one to work with?”
You don’t. When you work with Opes Partners we will select 2-4 properties that are suitable for you, your budget, and your financial goals.
You’ll see pre-vetted properties from developers that we’ve already done due diligence on.
The purpose of this list is transparency. It’s not to give you a laundry list of developers that you need to check out and evaluate every property they’re currently building.
So, if you are looking to build a property portfolio your next step is to book a complimentary Portfolio Planning Session.
This is where you create a plan with a financial adviser, and then find the right New Build investment properties for you.
And if you have a question, write your questions or thoughts in the comments section below.
Your next step is to book a portfolio planning session. This is where a financial adviser will create you a financial plan. They will then find properties that fit your plan.
Book your free sessionFounder, 20+ Years' Experience Investing In Property, Author & Host
Andrew Nicol, Managing Director at Opes Partners, is a seasoned financial adviser and property investment expert with 20+ years of experience. With 40 investment properties, he hosts the Property Academy Podcast, co-authored 'Wealth Plan' with Ed Mcknight, and has helped 1,894 Kiwis achieve financial security through property investment.
This article is for your general information. It’s not financial advice. See here for details about our Financial Advice Provider Disclosure. So Opes isn’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong. Make sure you do your own research or talk to a financial adviser before making any investment decisions.
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