News

Canterbury Earthquake

By Liam O'Boyle

I am really proud of the way our team at McPherson Property Management has responded to the earthquake of September 4th and subsequent aftershocks.  Working and living with close to 800 aftershocks with over 100 of these in excess of 4 in magnitude has been a trying time for all involved.  Nearly 600 properties were inspected in 10 days with most owners receiving a written report including photos of any apparent damage within the 2 week period. 

Our initial response was the safety of tenants and protection of property from ongoing damage where possible, eg broken water pipes and hot water cylinder collapses. 

On the day of the quake all vacant properties were inspected.

On Sunday the 5th calls from tenants were responded to and the most serious damage was identified by this time.

Monday the 6th our control centre was operating, coordinating information received from damage reports, inspection reports, contractors and engineers etc and communicating with tenants, owners and contractors.  The work was mainly securing properties, assessing and dealing with chimney damage and water proofing roof damage.

Wednesday 8th September a large aftershock centered around Lyttelton caused additional damage. 

Our portfolio of properties managed has generally come through well with approximately 1% uninhabitable and less than 5% with serious damage.

We have had great support and patience from our owners and tenants.  This understanding will continue to be required as repairs to properties and infra-structure will take time from weeks and months to years for some.

It is projected this is to be the world’s 5th most costly earthquake in terms of insurance costs which puts the situation in perspective.

Tony McPherson

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