OPP interviews MRI COO Dominic Pickering

Overseas Property Professional magazine today interviewed MRI Overseas Property’s Dominic Pickering, to get his views for an article on how property companies choose new countries to expand into.

The article, which is to feature in a forthcoming issue of the influential property professionals’ journal, concerns itself with what motivates large companies such as MRI Overseas Property to move into areas and offer them to their clients.

Dominic explained to OPP that MRI first looks at any new area from a clients’ perspective asking questions such as:

  • What are the chances of healthy capital growth?
  • How appealing is the area for relocating to?
  • How good an investment is a property in the area?

Then, the next stage of the decision process involve assessing the region from a business perspective to see if it is a viable proposition.

Dominic pointed out that only when both sets of criteria have been met, will the company look to launch in that region.

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