Denis McMahon is the founder of Property Managers Group (PMG), which he still serves as chairman and a non-executive director.
His commitment to the Bay of Plenty property industry spans more than three decades and includes leadership roles in both the public, private and quasi-public sectors.
Having started his career in property management, he went on to become a director in a leading commercial real estate company before founding PMG in 1994.
McMahon is regarded as a pioneer in the commercial property industry, introducing PMG investors to the innovative idea of property syndications, making commercial property ownership easier for his investors.
In 2014 he co-founded Pacific Property Fund Limited – PMG’s and one of the country’s first unlisted managed property funds.
Today, PMG has more than $275 million worth of property assets under management throughout the upper North Island and is considered one of the most trusted and sustainable fund managers in New Zealand.
The judges noted: “Denis has built an enviable reputation of trust and professionalism, and a deep understanding and love for property.”
PMG chief executive Scott McKenzie described McMahon as a man who was responsible for effecting change in the sector.
“He’s not just a talker, he’s a doer – he gets things done,” said McKenzie.
He had grown PMG from a one man band to a company with 26 staff and three offices across the country, he said.
“Denis has always been very much a people person,” he said.
“He’s always been about putting the customer first. His good ethics are reflected in everything he’s been involved in.
Denis has always aimed to find a fair and reasonable approach for all the stakeholders he’s worked with.”
