Market Information and Analysis

TrueCommerical brings you the latest Market Information and Analysis from the commercial property market.

  • Most bids for Albany cafe at Bayleys auction

    Most bids for Albany cafe at Bayleys auction

    Bayleys achieved a 75 per cent clearance rate at its latest Total Property auction.

    Date Aug 2018

    more

  • Recent Deals for Saturday August 18

    Recent Deals for Saturday August 18

    True Commercial’s Recent Deals.

    Date Aug 2018

    more

  • Affordable and idyllic in new portfolio

    Affordable and idyllic in new portfolio

    27 investment and development commercial properties are featured in Colliers Portfolio.

    Date Aug 2018

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  • Bayleys-Knight Frank partnership

    Bayleys-Knight Frank partnership

    Bayleys Realty Group Limited has entered into a strategic partnership with Knight Frank.

    Date Aug 2018

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  • Primary produce property ‘creaming it’

    Primary produce property ‘creaming it’

    The property is underpinning opportunities in the industrial property sector.

    Date Aug 2018

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  • Investment yields stable for now

    Investment yields stable for now

    Income yields for better quality industrial properties are holding firm at record low levels.

    Date Aug 2018

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  • Recent Deals for Saturday August 11

    Recent Deals for Saturday August 11

    True Commercial’s Recent Deals.

    Date Aug 2018

    more

  • Recent Deals for Saturday August 4

    Recent Deals for Saturday August 4

    True Commercial’s Recent Deals.

    Date Aug 2018

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  • Ports a catalyst for industrial property

    Ports a catalyst for industrial property

    Creating new opportunities for the country’s regional industrial property markets.

    Date Jul 2018

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  • Recent Deals for Saturday July 28

    Recent Deals for Saturday July 28

    True Commercial’s Recent Deals.

    Date Jul 2018

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  • Dire shortage of Shore industrial premises

    Dire shortage of Shore industrial premises

    Very low vacancy rates are frustrating tenant companies in their efforts to grow bigger.

    Date Jul 2018

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  • Apartment boom could be a ‘blip’

    Apartment boom could be a ‘blip’

    Auckland’s boom could be remembered as “a mere blip” unless market conditions improve.

    Date Jul 2018

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  • Recent Deals for Saturday July 21

    Recent Deals for Saturday July 21

    True Commercial’s Recent Deals.

    Date Jul 2018

    more

  • Queens Rise packed since opening

    Queens Rise packed since opening

    Launch of the dining precinct highlights strong demand for quality food and beverage offerings.

    Date Jul 2018

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  • Recent Deals for Monday July 16

    Recent Deals for Monday July 16

    True Commercial’s Recent Deals.

    Date Jul 2018

    more

  • Phenomenal office sector activity

    Phenomenal office sector activity

    Strong surge in office sales was the dominant trend in market over the last year.

    Date Jul 2018

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  • Logos buys 10ha site at Wiri

    Logos buys 10ha site at Wiri

    The large scale logistics property specialist is expanding its Asia Pacific business into NZ.

    Date Jul 2018

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  • Christchurch building first to earn 5.5 energy star

    Christchurch building first to earn 5.5 energy star

    The office facility is the first building in NZ to earn a 5.5 star.

    Date Jul 2018

    more

  • Recent Deals for Wednesday July 11

    Recent Deals for Wednesday July 11

    True Commercial’s Recent Deals.

    Date Jul 2018

    more

  • Sale sparks ‘many happy returns’ for investors

    Sale sparks ‘many happy returns’ for investors

    Investors who purchased a $50,000 stake in Spark's head office will receive just over $58,000 back.

    Date Jul 2018

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  • Big developers look towards Hawke’s Bay

    Big developers look towards Hawke’s Bay

    Hawke’s Bay development land is in hot demand among national developers.

    Date Jul 2018

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  • Recent Deals for Wednesday July 4

    Recent Deals for Wednesday July 4

    True Commercial’s Recent Deals.

    Date Jul 2018

    more

  • Bayleys has a great run on Broadway

    Bayleys has a great run on Broadway

    Bayleys recently sold three commercial properties on Newmarket’s main street.

    Date Jun 2018

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  • Recreational tenants flex their muscles

    Recreational tenants flex their muscles

    Growing consumer sophistication plus evolving societal behaviours have collided.

    Date Jun 2018

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  • Kāpiti Coast Police communications centre

    Kāpiti Coast Police communications centre

    NZ Police will set up a major new communications centre on the Kāpiti Coast.

    Date Jun 2018

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  • Move by ASB workers into B:Hive

    Move by ASB workers into B:Hive

    "One of the country’s largest co-working property deals”.

    Date Jun 2018

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  • Recent Deals for Saturday June 23

    Recent Deals for Saturday June 23

    True Commercial’s Recent Deals.

    Date Jun 2018

    more

  • Hotel sale is the first for a while

    Hotel sale is the first for a while

    A 120-room hotel has become the first freehold CBD hotel to sell in five years.

    Date Jun 2018

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  • The Hub Hornby wins award accolades

    The Hub Hornby wins award accolades

    Shopping mall won praises from judges at the recent NZ Property Council awards.

    Date Jun 2018

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  • Recent Deals for Wednesday June 20

    Recent Deals for Wednesday June 20

    True Commercial’s Recent Deals.

    Date Jun 2018

    more

  • Auckland metropolitan office vacancy dips

    Auckland metropolitan office vacancy dips

    The vacancy rate has edged downwards due to strong demand for new developments.

    Date Jun 2018

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  • Stock shortage in high demand market

    Stock shortage in high demand market

    Prime commercial property investment stock remains in short supply.

    Date Jun 2018

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  • Pacifica 57 level tower taking shape

    Pacifica 57 level tower taking shape

    The vertical construction phase of The Pacifica is now well underway.

    Date Jun 2018

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  • Recent Deals for Wednesday June 13

    Recent Deals for Wednesday June 13

    True Commercial’s Recent Deals.

    Date Jun 2018

    more

  • Christchurch’s Ferrymead Central centre sold

    Christchurch’s Ferrymead Central centre sold

    The Ferrymead Central retail centre has been sold to the Rata Foundation.

    Date Jun 2018

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  • Foreign cash for CBD property

    Foreign cash for CBD property

    $23.3m sale of K’Rd building shows continued appeal of CBD properties among offshore investors.

    Date Jun 2018

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  • Victoria Precinct offers ‘flash quarters’

    Victoria Precinct offers ‘flash quarters’

    A century ago, the area was the not-so-salubrious, industrial hub of central Auckland.

    Date Jun 2018

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  • Recent Deals for Wednesday June 6

    Recent Deals for Wednesday June 6

    True Commercial’s Recent Deals.

    Date Jun 2018

    more

  • Commercial survey respondents unhappy

    Commercial survey respondents unhappy

    Responses to a new survey rank ‘general economic growth’ as being of concern.

    Date Jun 2018

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  • Opinion: ‘Make good’ disputes can be costly

    Opinion: ‘Make good’ disputes can be costly

    Make good obligations can lead to costly disputes at the end of a lease.

    Date Jun 2018

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  • Vacancy looms on Auckland CBD horizon

    Vacancy looms on Auckland CBD horizon

    Review of prime office space indicates Auckland’s core CBD vacancy levels are up marginally.

    Date May 2018

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  • Bidders could ‘bank’ on lively auctions

    Bidders could ‘bank’ on lively auctions

    The sale of two buildings housing retail banks headlined Bayleys’ latest Total Property auctions last week.

    Date May 2018

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  • Auckland a Pacific hot spot for co-working

    Auckland a Pacific hot spot for co-working

    Auckland a hot spot for growth of flexible offices including co-working and serviced space.

    Date May 2018

    more

  • Recent Deals for Monday May 21

    Recent Deals for Monday May 21

    True Commercial’s Recent Deals.

    Date May 2018

    more

  • ANZ commits to Sylvia Park ‘town centre’

    ANZ commits to Sylvia Park ‘town centre’

    ANZ Bank New Zealand has agreed to lease about 6740 sqm of space.

    Date May 2018

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  • Commercial capital values may confuse newbies

    Commercial capital values may confuse newbies

    Council-issued capital values can be hugely confusing for entry-level investors.

    Date May 2018

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  • Iwi property clout is growing fast

    Iwi property clout is growing fast

    Take note of where Iwi plan to invest their treaty settlements.

    Date May 2018

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  • Five RICS awards to CBRE

    Five RICS awards to CBRE

    The international commercial real estate Behemoth CBRE were among standouts at the annual RICS Awards.

    Date May 2018

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  • Carpark sale a market leader

    Carpark sale a market leader

    $40 million sale of Federal St Car Park Building sets highest rates in Auckland CBD.

    Date May 2018

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  • Foreign investment up in commercial property

    Foreign investment up in commercial property

    Foreign investment at the top end of NZ’s commercial property market has ramped up.

    Date May 2018

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  • Recent Deals for Saturday May 12

    Recent Deals for Saturday May 12

    True Commercial’s Recent Deals.

    Date May 2018

    more

  • RESEARCH: Coworking is breaking records

    RESEARCH: Coworking is breaking records

    Auckland’s coworking scene continues to evolve, and rapidly.

    Date May 2018

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  • OPINION: ‘Don’t ease up on hotel development’

    OPINION: ‘Don’t ease up on hotel development’

    New Zealand can’t afford to ease up on new hotel development.

    Date May 2018

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  • OPINION: Values of a registered valuation

    OPINION: Values of a registered valuation

    Investors risk financial woes if they fail to obtain a registered valuation before they buy.

    Date May 2018

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  • Christchurch buyers seek small, local properties

    Christchurch buyers seek small, local properties

    Market for small commercial properties in Christchurch is booming.

    Date May 2018

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  • Our hotel demand is beating Australia’s

    Our hotel demand is beating Australia’s

    As demand for rooms continues to outstrip supply.

    Date May 2018

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  • Recent Deals for Saturday May 5

    Recent Deals for Saturday May 5

    True Commercial’s Recent Deals.

    Date May 2018

    more

  • Aussie law firm takes shine to Auckland CBD

    Aussie law firm takes shine to Auckland CBD

    Law firm Shine Lawyers has leased a floor and taken naming rights in Swanson St.

    Date May 2018

    more

  • Recent Deals for Monday April 30

    Recent Deals for Monday April 30

    True Commercial’s Recent Deals.

    Date May 2018

    more

  • New portfolio reflects diverse market

    New portfolio reflects diverse market

    Breadth and maturity of NZ’s market is reflected in diverse range of properties listed for sale.

    Date Apr 2018

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  • Record low Wellington industrial vacancy

    Record low Wellington industrial vacancy

    While supply in the Auckland market continues to play catch-up with demand.

    Date Apr 2018

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  • Charities benefit from Latitude 45 long lunch

    Charities benefit from Latitude 45 long lunch

    Colliers International raised $200,000 for three Otago organisations.

    Date Apr 2018

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  • Office tenants look beyond Auckland CBD

    Office tenants look beyond Auckland CBD

    Office tenants are now looking beyond the Auckland CBD for their leasing needs.

    Date Apr 2018

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  • Recent Deals for Thursday April 26

    Recent Deals for Thursday April 26

    True Commercial’s Recent Deals.

    Date Apr 2018

    more

  • Ghost kitchens and Uber Eats impact property

    Ghost kitchens and Uber Eats impact property

    Use of food delivery apps by General X ‘millennials’ will have a major effect on the commercial property.

    Date Apr 2018

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  • Residential investors eye commercial properties

    Residential investors eye commercial properties

    Growing number of individual investors and family trusts seek to invest.

    Date Apr 2018

    more

  • Recent Deals for Saturday April 16

    Recent Deals for Saturday April 16

    True Commercial’s Recent Deals.

    Date Apr 2018

    more

  • Keen bidding at latest Bayleys’ auctions

    Keen bidding at latest Bayleys’ auctions

    West Auckland corner retail store and Auckland CBD apartment building were stand-out sales.

    Date Apr 2018

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  • Hornby syndication offered to investors

    Hornby syndication offered to investors

    A landmark warehouse and showroom property is being offered to investors.

    Date Apr 2018

    more

  • Recent deals for Saturday April 7

    Recent deals for Saturday April 7

    True Commercial’s Recent Deals.

    Date Apr 2018

    more

  • Cachet attached to ‘vacant possession’

    Cachet attached to ‘vacant possession’

    Buyers pursuing vacant possession industrial unit properties.

    Date Apr 2018

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  • Investors can anticipate regional spend

    Investors can anticipate regional spend

    Where to invest next?

    Date Apr 2018

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  • Investors ‘checking into’ motels

    Investors ‘checking into’ motels

    Tourist numbers at times surpassing the number of hotel beds available.

    Date Apr 2018

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  • Auckland retail vacancy up but still low

    Auckland retail vacancy up but still low

    The overall retail vacancy rate has increased to 2.6 per cent.

    Date Apr 2018

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  • Auction highlights appetite for commercial property

    Auction highlights appetite for commercial property

    $9 million+ was paid for commercial property at the latest Colliers International auction.

    Date Mar 2018

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  • Urban renewal transforming Morningside

    Urban renewal transforming Morningside

    As zoning changes attract more mixed-use development to the area.

    Date Mar 2018

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  • Recent Deals for Saturday March 31

    Recent Deals for Saturday March 31

    True Commercial’s Recent Deals.

    Date Mar 2018

    more

  • ‘Agile working’ cuts demand for space

    ‘Agile working’ cuts demand for space

    Technological, flexible employment changes in office workplaces have driven two significant changes.

    Date Mar 2018

    more

  • RECENT DEALS for Saturday March 26

    RECENT DEALS for Saturday March 26

    Recent Deals for True Commercial.

    Date Mar 2018

    more

  • Record low vacancy for industrial property

    Record low vacancy for industrial property

    Industrial is the strongest performing sector in Auckland with vacancy sitting at 2.1 per cent.

    Date Mar 2018

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  • Don’t be drones – use them

    Don’t be drones – use them

    Reluctance to embrace new technologies is holding commercial property market back.

    Date Mar 2018

    more

  • Recent Deals for Saturday March 17

    Recent Deals for Saturday March 17

    True Commercial’s Recent Deals.

    Date Mar 2018

    more

  • Warehouses to go automated and up

    Warehouses to go automated and up

    Warehouse automation technologies could help ease pressure on Auckland’s tight industrial market.

    Date Mar 2018

    more

  • RECENT DEALS for Saturday March 10

    RECENT DEALS for Saturday March 10

    True Commercial’s Recent Deals.

    Date Mar 2018

    more

  • Tauranga building equity opportunity

    Tauranga building equity opportunity

    Meetings across the country are held to promote investment in the $41.5m office.

    Date Mar 2018

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  • Big box retail still a must for investors

    Big box retail still a must for investors

    Real estate leased to big box brands is among the most-sought-after in New Zealand.

    Date Mar 2018

    more

  • Industrial continues as top performer

    Industrial continues as top performer

    Industrial property continues to be NZ's commercial property market’s top performer.

    Date Mar 2018

    more

  • Recent Deals for Saturday March 3

    Recent Deals for Saturday March 3

    True Commercial’s Recent Deals.

    Date Mar 2018

    more

  • Recent Deals for Saturday February 24

    Recent Deals for Saturday February 24

    True Commercial’s Recent Deals.

    Date Feb 2018

    more

  • Multifamily real estate is coming

    Multifamily real estate is coming

    For the purpose of renting them out to earn income is on the way.

    Date Feb 2018

    more

  • Wooden tower reflects Sir Bob’s comment

    Wooden tower reflects Sir Bob’s comment

    A Japanese forestry company is planning to build the world’s tallest wooden skyscraper.

    Date Feb 2018

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  • Record tourist numbers rattle Kiwis

    Record tourist numbers rattle Kiwis

    Record-breaking visitor numbers put an increasing strain on accommodation and infrastructure.

    Date Feb 2018

    more

  • Recent Deals for Saturday February 17

    Recent Deals for Saturday February 17

    True Commercial’s Recent Deals.

    Date Feb 2018

    more

  • Recent Deals for Saturday February 10

    Recent Deals for Saturday February 10

    True Commercial’s Recent Deals.

    Date Feb 2018

    more

  • Sales flurry augers well for 2018

    Sales flurry augers well for 2018

    Commercial property investors are comfortable with the political and economic outlook for 2018.

    Date Feb 2018

    more

  • RECENT DEALS for Saturday February 3

    RECENT DEALS for Saturday February 3

    True Commercial’s Recent Deals.

    Date Feb 2018

    more

  • Acute shortage of office space hits capital

    Acute shortage of office space hits capital

    Wellington’s acute shortage of CBD office space has worsened in the year since the Nov 16' quake.

    Date Feb 2018

    more

  • Recent Deals for Saturday January 27

    Recent Deals for Saturday January 27

    True Commercial’s Recent Deals.

    Date Jan 2018

    more

  • Parnell’s commercial property renaissance

    Parnell’s commercial property renaissance

    Parnell is undergoing a commercial property renaissance on back of newly opened train station.

    Date Jan 2018

    more

  • Government seeks North Shore build partner

    Government seeks North Shore build partner

    Home builder partners sought for five superlots of land totalling 1.58ha in Northcote.

    Date Jan 2018

    more

  • ‘Amazon-proofing’ retail destinations

    ‘Amazon-proofing’ retail destinations

    Shopping strips in prime locations with plenty of dining and entertainment options.

    Date Jan 2018

    more

  • RECENT DEALS for Saturday January 20

    RECENT DEALS for Saturday January 20

    True Commercial’s Recent Deals.

    Date Jan 2018

    more

  • Green roofs could bring hidden costs

    Green roofs could bring hidden costs

    Green roofs can be difficult to maintain, costly and underutilised.

    Date Jan 2018

    more

  • Smart work places help staff wellbeing

    Smart work places help staff wellbeing

    North Shore co-working complex is now operating with wellbeing of staff as its priority.

    Date Jan 2018

    more

  • CBD office vacancy low but Viaduct spikes

    CBD office vacancy low but Viaduct spikes

    Despite significant relocation of tenants to new and upgraded buildings over past 12 months.

    Date Jan 2018

    more

  • Chiefs generally upbeat - with caveats

    Chiefs generally upbeat - with caveats

    Commercial property leaders share opinions about prospects for 2018 market.

    Date Jan 2018

    more

  • Upscale boarding house is back

    Upscale boarding house is back

    Dramatic changes in market over five years have impacted commercial property in Auckland’s city fringe.

    Date Dec 2017

    more

  • Augusta CBD building sells for $30m

    Augusta CBD building sells for $30m

    Five-level building occupied by NZ Post in Auckland’s CBD has sold for $30 million.

    Date Dec 2017

    more

  • RECENT DEALS for Saturday December 9

    RECENT DEALS for Saturday December 9

    True Commercial’s Recent Deals.

    Date Dec 2017

    more

  • Property owners toast zone change success

    Property owners toast zone change success

    Industry professionals say Auckland Unitary Plan will help preserve the value of property assets.

    Date Dec 2017

    more

  • Amazon will be a game-changer

    Amazon will be a game-changer

    NZ's e-commerce boom will accelerate demand for warehouse space in Auckland.

    Date Dec 2017

    more

  • Rent review could steal Christmas

    Rent review could steal Christmas

    Businesses could be in for a nasty surprise if they let rent review notices fall through the cracks.

    Date Dec 2017

    more

  • Retail centre is now The Boundary

    Retail centre is now The Boundary

    West Auckland shopping centre set to be revitalised to reflect the area’s natural beauty.

    Date Dec 2017

    more

  • Property owners need an asbestos plan

    Property owners need an asbestos plan

    Owners must prepare for new health and safety regulations governing asbestos.

    Date Dec 2017

    more

  • Top 10 commercial property predictions for 2018

    Top 10 commercial property predictions for 2018

    Will the market continue to enjoy the prosperity of years past?

    Date Dec 2017

    more

  • RECENT DEALS for Saturday December 2

    RECENT DEALS for Saturday December 2

    True Commercial’s Recent Deals.

    Date Dec 2017

    more

  • RECENT DEALS for Wednesday November 29

    RECENT DEALS for Wednesday November 29

    True Commercial’s Recent Deals.

    Date Nov 2017

    more

  • Sweet taste of success

    Sweet taste of success

    Food and beverage sector is a standout performer as retailers struggle to adapt.

    Date Nov 2017

    more

  • Top five mistakes of commercial tenants

    Top five mistakes of commercial tenants

    Barfoot & Thompson Commercial held an impromptu survey of landlords about the five most common mistakes.

    Date Nov 2017

    more

  • Recent deals for Wednesday November 22

    Recent deals for Wednesday November 22

    True Commercial’s Recent Deals.

    Date Nov 2017

    more

  • RECENT DEALS for Saturday November 11

    RECENT DEALS for Saturday November 11

    True Commercial’s Recent Deals.

    Date Nov 2017

    more

  • RECENT DEALS for Saturday November 4

    RECENT DEALS for Saturday November 4

    True Commercial’s Recent Deals.

    Date Nov 2017

    more

  • Rezoning of industrial areas creating shortage

    Rezoning of industrial areas creating shortage

    Hundreds of hectares of Auckland industrial land have been rezoned as Mixed Use.

    Date Nov 2017

    more

  • ‘Internet of Things’ has pros and cons

    ‘Internet of Things’ has pros and cons

    Office occupiers need to take a good look at what they’re hoping to achieve.

    Date Nov 2017

    more

  • Brisbane syndication to Kiwi investors

    Brisbane syndication to Kiwi investors

    New Zealand syndicator Silverfin Capital Limited is entering the Australian property market with a syndication offer.

    Date Nov 2017

    more

  • Strong bidding, low yields at auction

    Strong bidding, low yields at auction

    Properties offering future development or add-value opportunities generate strong competition.

    Date Nov 2017

    more

  • Games developers need flexible space and good coffee

    Games developers need flexible space and good coffee

    Commercial property sector can capitalise on New Zealand’s fast expanding video games industry.

    Date Oct 2017

    more

  • Shopping centres pulling up their socks

    Shopping centres pulling up their socks

    Shopping centres are staying relevant in the face of increasing online competition.

    Date Oct 2017

    more

  • Bayleys re-signs alliance with Cushman

    Bayleys re-signs alliance with Cushman

    Bayleys has re-signed its affiliate status with global commercial real estate firm, Cushman & Wakefield.

    Date Oct 2017

    more

  • RECENT DEALS for Saturday October 28

    RECENT DEALS for Saturday October 28

    True Commercial’s Recent Deals.

    Date Oct 2017

    more

  • Industrial property market can’t afford a dip

    Industrial property market can’t afford a dip

    Record vacancy rates in NZ’s industrial market has resulted in a surge of development activity.

    Date Oct 2017

    more

  • Record Auckland apartment developments

    Record Auckland apartment developments

    A record number of apartments is due to be completed in Auckland over the next three years.

    Date Oct 2017

    more

  • Office shortage in Auckland and Wellington

    Office shortage in Auckland and Wellington

    Of the type often required by the IT, education and professional service industries.

    Date Oct 2017

    more

  • Biggest industrial sale claimed

    Biggest industrial sale claimed

    Sale of nationwide property portfolio is thought to be the largest in the industrial property market in NZ this year.

    Date Oct 2017

    more

  • RECENT DEALS for Saturday October 21

    RECENT DEALS for Saturday October 21

    True Commercial's recent deals.

    Date Oct 2017

    more

  • RECENT DEALS for Saturday October 14

    RECENT DEALS for Saturday October 14

    True Commercial’s Recent Deals.

    Date Oct 2017

    more

  • Exciting times ahead for Hampton Downs

    Exciting times ahead for Hampton Downs

    Since Tony Quinn and his team moved in, pace of development seems to have gathered a whole new momentum.

    Date Oct 2017

    more

  • Kiwi Property expands Sylvia Park footprint

    Kiwi Property expands Sylvia Park footprint

    Two Mt Wellington properties have been purchased by NZX-listed Kiwi Property for $27.1m.

    Date Oct 2017

    more

  • ‘Lohas’ spells ‘opportunity’ for developers

    ‘Lohas’ spells ‘opportunity’ for developers

    Developers of apartment complexes have the opportunity to win over ‘Lohas’ consumers.

    Date Oct 2017

    more

  • Canterbury-West Coast Cancer Society seeks new home

    Canterbury-West Coast Cancer Society seeks new home

    The Cancer Society of Canterbury-West Coast is searching for the perfect piece of land.

    Date Oct 2017

    more

  • Demand persists for prime office, retail space

    Demand persists for prime office, retail space

    Demand for prime Auckland CBD office space remains strong due to retail spending, increased visitor.

    Date Oct 2017

    more

  • RECENT DEALS for Saturday October 7

    RECENT DEALS for Saturday October 7

    True Commercial’s Recent Deals.

    Date Oct 2017

    more

  • Kelston buy boosts Pacific Property portfolio

    Kelston buy boosts Pacific Property portfolio

    Offer could boost private property portfolio in Kelston.

    Date Oct 2017

    more

  • Fast food ‘happy meal’ for investors

    Fast food ‘happy meal’ for investors

    Kiwis are the fourth highest consumers of fast food in the world.

    Date Sep 2017

    more

  • RECENT DEALS for Saturday September 30

    RECENT DEALS for Saturday September 30

    True Commercial’s Recent Deals.

    Date Sep 2017

    more

  • ‘Unprecedented growth’ forecast for Drury

    ‘Unprecedented growth’ forecast for Drury

    Experts predict development at Drury will slow the transfer of industrial tenants from Auckland to Hamilton.

    Date Sep 2017

    more

  • RECENT DEALS for Monday September 25

    RECENT DEALS for Monday September 25

    True Commercial’s Recent Deals.

    Date Sep 2017

    more

  • Plans to expand successful Christchurch Crossing

    Plans to expand successful Christchurch Crossing

    The Carter Group has announced plans to expand The Crossing.

    Date Sep 2017

    more

  • High demand for western and central industrial land

    High demand for western and central industrial land

    There’s rising demand for less industrial land, says Sunil Bhana.

    Date Sep 2017

    more

  • ‘Flood of listings’ expected after election

    ‘Flood of listings’ expected after election

    Increased activity in the commercial market is expected following next weekend’s general election.

    Date Sep 2017

    more

  • RECENT DEALS for Saturday September 16

    RECENT DEALS for Saturday September 16

    True Commercials' recent deals.

    Date Sep 2017

    more

  • Auckland lawyer syndicators pay $57.75m for Christchurch tech campus

    Auckland lawyer syndicators pay $57.75m for Christchurch tech campus

    Auckland lawyers have been named as the buyers of the Tait Technology Centre.

    Date Sep 2017

    more

  • RECENT DEALS for Saturday September 9

    RECENT DEALS for Saturday September 9

    True Commercial's recent deals.

    Date Sep 2017

    more

  • Historic Thames iron and steel business

    Historic Thames iron and steel business

    A&G Price, a 149-year-old Thames iron and steel foundry and finishing business went into liquidation on July 26.

    Date Sep 2017

    more

  • Christchurch Casino buys big adjoining land site

    Christchurch Casino buys big adjoining land site

    Christchurch Casino has paid $3.7m for a large parcel of bare land as a future planning move.

    Date Sep 2017

    more

  • Effect of politics and election on sales

    Effect of politics and election on sales

    A slowing of commercial property sales activity earlier this year was not mainly due to politics but to other factors.

    Date Sep 2017

    more

  • Auckland has 12 months’ apartment supply

    Auckland has 12 months’ apartment supply

    Auckland’s apartment market is steady with just 12 months of supply remaining, a Colliers International research survey shows.

    Date Sep 2017

    more

  • Boom time for high-end food and beverage

    Boom time for high-end food and beverage

    Confidence in New Zealand’s tourism sector growth is underpinning business sales in key hotspots around the country.

    Date Sep 2017

    more

  • Excellence recognised at REINZ awards evening

    Excellence recognised at REINZ awards evening

    Colliers International was presented with four commercial and industrial excellence awards at the 2017 REINZ.

    Date Sep 2017

    more

  • RECENT DEALS for Saturday August 26

    RECENT DEALS for Saturday August 26

    RECENT DEALS for Saturday August 26 5PM August 26, 2017

    Date Aug 2017

    more

  • Huge demand for Auckland co-working space

    Huge demand for Auckland co-working space

    The co-working Auckland office area has almost doubled in just 12 months.

    Date Aug 2017

    more

  • Paul Charman: Recent Deals, August 19

    Paul Charman: Recent Deals, August 19

    Paul Charman's recent deals.

    Date Aug 2017

    more

  • Mt Wellington industrial sale worth $36.8m

    Mt Wellington industrial sale worth $36.8m

    In one of the biggest industrial property transactions of the year, a freehold site in Mt Wellington, has sold for $36.8 million.

    Date Aug 2017

    more

  • Paul Charman: Recent Deals, Saturday August 12

    Paul Charman: Recent Deals, Saturday August 12

    Paul Charman's recent deals.

    Date Aug 2017

    more

  • North Island auctions net over $26m

    North Island auctions net over $26m

    A commercial property in central Takapuna selling for $6.8 million.

    Date Aug 2017

    more

  • RECENT DEALS for Tuesday August 8

    RECENT DEALS for Tuesday August 8

    Paul Charman's recent deals.

    Date Aug 2017

    more

  • Outlook buoyant, but eyes on election

    Outlook buoyant, but eyes on election

    Property sector: a small majority of tenants and owners expect rents and values to keep rising.

    Date Aug 2017

    more

  • Bayleys launches Tu Whenua division

    Bayleys launches Tu Whenua division

    Tu Whenua, has been established to connect the Maori business community with new ventures.

    Date Aug 2017

    more

  • Market robust but credit issues impacting

    Market robust but credit issues impacting

    Ongoing growth in Auckland’s economy continues to drive the markets.

    Date Aug 2017

    more

  • Strength evident across commercial sector

    Strength evident across commercial sector

    From a retail perspective, New Zealand is still basking in the after-glow of the America’s Cup victory.

    Date Aug 2017

    more

  • New quake laws mean property shake-ups

    New quake laws mean property shake-ups

    New legislation governing earthquake-prone buildings will bolster NZ’s commercial property.

    Date Jul 2017

    more

  • RECENT DEALS for Saturday July 29

    RECENT DEALS for Saturday July 29

    Paul Charman's recent deals.

    Date Jul 2017

    more

  • Fashion designers back in Christchurch CBD

    Fashion designers back in Christchurch CBD

    It’s great to see High St in the Christchurch CBD reinstated as a destination for boutique designer.

    Date Jul 2017

    more

  • Aotea revamp a labour of Love

    Aotea revamp a labour of Love

    A luxury hotel, a boutique supermarket, will all be encompassed within.

    Date Jul 2017

    more

  • Tauranga’s 10-level tower

    Tauranga’s 10-level tower

    Plans have been unveiled for a 10-level commercial and residential development that will tower over downtown Tauranga.

    Date Jul 2017

    more

  • Innovation boosts property market

    Innovation boosts property market

    Innovation and digital disruption are bringing challenges and opportunities to the property market.

    Date Jul 2017

    more

  • RECENT DEALS for Saturday July 22

    RECENT DEALS for Saturday July 22

    Paul Charman's recent deals.

    Date Jul 2017

    more

  • ‘Flush buyers are looking for businesses’

    ‘Flush buyers are looking for businesses’

    It’s a great time to purchase a business, say the experts.

    Date Jul 2017

    more

  • Driverless cars to reshape commercial property

    Driverless cars to reshape commercial property

    Autonomous vehicles will change the facilities they offer and where they are located.

    Date Jul 2017

    more

  • Social trends drive alternative investing

    Social trends drive alternative investing

    Research suggests that investor strategies need to reflect on how the world is transforming.

    Date Jul 2017

    more

  • Historic Auckland tearoom sells for $2.5m

    Historic Auckland tearoom sells for $2.5m

    The historic former Farmers Department Store’s Grand Tearoom has sold for $2.5 million.

    Date Jul 2017

    more

  • RECENT DEALS for Saturday July 15

    RECENT DEALS for Saturday July 15

    Paul Charman's recent deals.

    Date Jul 2017

    more

  • Property underrated by education providers

    Property underrated by education providers

    Property has overtaken manufacturing as New Zealand’s largest single industry.

    Date Jul 2017

    more

  • Auctions prove value in tough market

    Auctions prove value in tough market

    A total of 20 properties, offered at Bayleys' Total Property, have so far sold at a total value of $34.4m.

    Date Jul 2017

    more

  • PMG to invest in childcare

    PMG to invest in childcare

    (PMG) Direct Childcare Fund is partnering with planners and developers to establish early learning centres nationwide.

    Date Jul 2017

    more

  • RECENT DEALS for Saturday July 8

    RECENT DEALS for Saturday July 8

    Paul Charman's recent deals.

    Date Jul 2017

    more

  • NZL Group will move to Tauriko

    NZL Group will move to Tauriko

    Freight and logistics company NZL Group is moving from Mt Maunganui to a $20 million purpose-built facility.

    Date Jul 2017

    more

  • East Coast Bays shared space to open soon

    East Coast Bays shared space to open soon

    A co-working space at Candida Business Park is all set to open in September.

    Date Jul 2017

    more

  • Harcourts launches business broking division

    Harcourts launches business broking division

    NAI Harcourts has established a specialised business broking team in Auckland.

    Date Jul 2017

    more

  • Childcare centres a growth investment area

    Childcare centres a growth investment area

    The rapidly changing early childhood education sector is bringing new opportunities.

    Date Jul 2017

    more

  • Digital billboards boost commercial property values

    Digital billboards boost commercial property values

    By providing steady and lucrative revenue streams to supplement tenant leases.

    Date Jul 2017

    more

  • Aotea Gifts buys historic Cathedral Square site

    Aotea Gifts buys historic Cathedral Square site

    National tourist retailer Aotea Gifts has bought the former United Service Hotel site.

    Date Jul 2017

    more

  • Developing character on K Rd

    Developing character on K Rd

    Auckland’s famous Karangahape Rd is developing and changing fast.

    Date Jul 2017

    more

  • Colliers’ alternative to bank funding

    Colliers’ alternative to bank funding

    A new Colliers International service is providing an alternative to traditional bank funding.

    Date Jul 2017

    more

  • RSA is happy to move on

    RSA is happy to move on

    A win-win seems to decribe the recent sale of the Browns Bay RSA.

    Date Jul 2017

    more

  • Tauranga’s gung-ho commercial property market

    Tauranga’s gung-ho commercial property market

    Tauranga’s strong local economy has seen demand for office space rise over the past 12 months.

    Date Jun 2017

    more

  • Shore industrial space vanishing

    Shore industrial space vanishing

    The amount of empty industrial space on the North Shore has reached an all-time low.

    Date Jun 2017

    more

  • RECENT DEALS for Saturday June 24

    RECENT DEALS for Saturday June 24

    Paul Charman's recent deals.

    Date Jun 2017

    more

  • Transport hubs — new frontier for developers

    Transport hubs — new frontier for developers

    Step off a train at Britomart or Sylvia Park and you’re at the gateways to two of Auckland’s busiest shopping strips.

    Date Jun 2017

    more

  • New portfolio mirrors gung-ho market

    New portfolio mirrors gung-ho market

    An incredibly buoyant commercial property market is reflected in the latest Colliers Portfolio.

    Date Jun 2017

    more

  • RECENT DEALS for Saturday June 17

    RECENT DEALS for Saturday June 17

    Paul Charman's recent deals.

    Date Jun 2017

    more

  • Orakei Bay Village rises from industrial roots

    Orakei Bay Village rises from industrial roots

    Commercial tenants are gravitating towards an industrial look and feel.

    Date Jun 2017

    more

  • PMG buys Kelston Shopping Centre

    PMG buys Kelston Shopping Centre

    Property Managers Group (PMG) has purchased Kelston Shopping Centre in West Auckland.

    Date Jun 2017

    more

  • Beware business impact of infrastructure projects

    Beware business impact of infrastructure projects

    Don't ignore the impact big Auckland infrastructure projects could have.

    Date Jun 2017

    more

  • RECENT DEALS for Saturday June 10

    RECENT DEALS for Saturday June 10

    Paul Charman's recent deals.

    Date Jun 2017

    more

  • Portfolio key to trotting club future

    Portfolio key to trotting club future

    The Auckland Trotting Club is reviewing and resetting overall business strategy.

    Date Jun 2017

    more

  • BizDojo headed for Sylvia Park

    BizDojo headed for Sylvia Park

    National co-working space provider BizDojo has taken a full floor tenancy within No.1 Sylvia Park.

    Date Jun 2017

    more

  • Supermarkets tops for nearby office workers

    Supermarkets tops for nearby office workers

    Office workers rank closeness to cafes, public transport and carparks higher than supermarkets.

    Date Jun 2017

    more

  • RECENT DEALS for Monday, June 5

    RECENT DEALS for Monday, June 5

    Paul Charman's recent deals.

    Date Jun 2017

    more

  • New arrivals are transforming Newmarket

    New arrivals are transforming Newmarket

    Newmarket is gaining recognition as a ‘hip’ city fringe suburb, with urban renewal and trendy new cafes revitalising its backstreets.

    Date Jun 2017

    more

  • Auckland’s infrastructure projects need accelerating

    Auckland’s infrastructure projects need accelerating

    Auckland needs to find better and faster ways of getting to grips with its surging growth.

    Date May 2017

    more

  • BizDojo moves into capital’s ‘tech precinct’

    BizDojo moves into capital’s ‘tech precinct’

    Co-working space provider and business company BizDojo is leasing space in Wellington.

    Date May 2017

    more

  • Airport industrials are high flyers

    Airport industrials are high flyers

    Industrial development near Auckland airport has shown the biggest increase in the region.

    Date May 2017

    more

  • Henderson and North Shore sales at Bayleys auction

    Henderson and North Shore sales at Bayleys auction

    Two Henderson properties sold for $4 million each at Bayleys’ latest Total Property portfolio auction.

    Date May 2017

    more

  • RECENT DEALS for Saturday, May 27

    RECENT DEALS for Saturday, May 27

    Paul Charman's recent deals.

    Date May 2017

    more

  • Property could influence price of coffee

    Property could influence price of coffee

    New Zealand has one of the most competitive coffee markets in the world.

    Date May 2017

    more

  • My Food Bag bags bigger base

    My Food Bag bags bigger base

    Home food delivery provider My Food Bag has relocated to a new building in Parnell.

    Date May 2017

    more

  • Occupancy costs a challenge says survey

    Occupancy costs a challenge says survey

    Companies are finding it hard to develop strategies that attract and retain staff.

    Date May 2017

    more

  • Hotel sales strong in the regions

    Hotel sales strong in the regions

    Demand for regional hotels is on the rise following a record number of hotel sales.

    Date May 2017

    more

  • Strong growth predicted for Wellington

    Strong growth predicted for Wellington

    A reduction in vacancy and rental pressure is continuing to increase in the Wellington commercial property market.

    Date May 2017

    more

  • Highest sales in Christchurch since quakes

    Highest sales in Christchurch since quakes

    Nearly a quarter-of-a-billion dollars in commercial property sales during the second half of last year, is the highest level for Christchurch since the global financial crisis and post-earthquakes, says a new research study.

    Date May 2017

    more

  • Sales auger well for Upper Hutt

    Sales auger well for Upper Hutt

    Several commercial transactions in Upper Hutt have signalled a renewed interest in the area among tenants.

    Date May 2017

    more

  • RECENT DEALS for Saturday, May 20

    RECENT DEALS for Saturday, May 20

    Paul Charman's recent deals.

    Date May 2017

    more

  • NZ risks ‘being left behind’ over hotels

    NZ risks ‘being left behind’ over hotels

    New Zealand’s tourism industry risks losing its competitive edge.

    Date May 2017

    more

  • Green star guides stakeholders

    Green star guides stakeholders

    Green Star-rated buildings help companies attract high-calibre staff and reduce worker sick days.

    Date May 2017

    more

  • RICS awards acknowledge excellence

    RICS awards acknowledge excellence

    More than 200 leaders of the built environment profession gathered at the RICS Awards.

    Date May 2017

    more

  • RECENT DEALS for Saturday, May 13

    RECENT DEALS for Saturday, May 13

    Paul Charman's recent deals.

    Date May 2017

    more

  • Commercial expansion for Onehunga

    Commercial expansion for Onehunga

    Onehunga’s growth is transforming the local commercial property market.

    Date May 2017

    more

  • Investors choosing to buy industrial property

    Investors choosing to buy industrial property

    Another strong year in industrial sales and leasing activity looks set to continue.

    Date May 2017

    more

  • Hamilton commercial in hot demand

    Hamilton commercial in hot demand

    Right now demand for investment properties priced below $1m is hot in Hamilton.

    Date May 2017

    more

  • RECENT DEALS for Saturday, May 6

    RECENT DEALS for Saturday, May 6

    Paul Charman's Recent Deals.

    Date May 2017

    more

  • RECENT DEALS for Saturday, April 29

    RECENT DEALS for Saturday, April 29

    Paul Charman's recent deals.

    Date May 2017

    more

  • Augusta syndicates Mercury’s new head office

    Augusta syndicates Mercury’s new head office

    Augusta Funds Management Ltd is breaking new ground.

    Date Apr 2017

    more

  • Bidders more cautious at Bayleys auction

    Bidders more cautious at Bayleys auction

    A total of 20 properties have so far sold from Bayleys’ second Total Property.

    Date Apr 2017

    more

  • RECENT DEALS for Saturday, April 15

    RECENT DEALS for Saturday, April 15

    Paul Charman's recent deals.

    Date Apr 2017

    more

  • RECENT DEALS for Saturday, April 8

    RECENT DEALS for Saturday, April 8

    Paul Charman's recent deals.

    Date Apr 2017

    more

  • Fitness sector pushing into suburbs

    Fitness sector pushing into suburbs

    The growth of no-frills is fuelling demand for commercial property.

    Date Apr 2017

    more

  • Reducing risk in a tight lending era

    Reducing risk in a tight lending era

    Credit constraints are a concern within the commercial property sector.

    Date Apr 2017

    more

  • Queenstown is the hotel sales hot spot

    Queenstown is the hotel sales hot spot

    The country has experienced its busiest period of hotel sales in a decade.

    Date Apr 2017

    more

  • RECENT DEALS for Saturday, April 1

    RECENT DEALS for Saturday, April 1

    Paul Charman's recent deals.

    Date Apr 2017

    more

  • RECENT DEALS for Saturday, March 25

    RECENT DEALS for Saturday, March 25

    Paul Charman's Recent Deals.

    Date Mar 2017

    more

  • Search on for Auckland City hotel sites

    Search on for Auckland City hotel sites

    International hotel investors are now looking to buy into the Auckland market.

    Date Mar 2017

    more

  • The five biggest office worker grumbles

    The five biggest office worker grumbles

    Poor air conditioning is the biggest gripe among employees working within commercial buildings.

    Date Mar 2017

    more

  • RECENT DEALS for Tuesday, March 21

    RECENT DEALS for Tuesday, March 21

    Paul Charman's recent deals.

    Date Mar 2017

    more

  • Buyers bid big at Bayleys’ auction

    Buyers bid big at Bayleys’ auction

    A strong result for Total Property with 80 per cent of 30 properties offered selling at a total value of $37,660,000.

    Date Mar 2017

    more

  • Bayleys’ Total Property auction raises $20m

    Bayleys’ Total Property auction raises $20m

    Five properties sold for yields of under 5 per cent at Bayleys’ first Auckland Total Property auction for 2017.

    Date Mar 2017

    more

  • Wellington – becoming ‘city of global brands’

    Wellington – becoming ‘city of global brands’

    New retailers are giving the capital city a vote of confidence, says Ty Dallas.

    Date Mar 2017

    more

  • Argosy’s big plans for Wyndham building

    Argosy’s big plans for Wyndham building

    A three-level office building at 82 Wyndham St, Auckland is to undergo a major makeover before leasing to new tenants.

    Date Mar 2017

    more

  • RECENT DEALS for Monday, March 13

    RECENT DEALS for Monday, March 13

    Recent Deals.

    Date Mar 2017

    more

  • Auckland’s northwest is a ‘hot spot’

    Auckland’s northwest is a ‘hot spot’

    Much of Auckland’s future business and residential growth will take place northwest of the city, says Gerald Rundle.

    Date Mar 2017

    more

  • Making property management a business

    Making property management a business

    Quinovic claims to be New Zealand’s largest specialist residential property management company.

    Date Mar 2017

    more

  • Habitual Fix seeks new franchisees

    Habitual Fix seeks new franchisees

    Fresh and healthy Habitual Fix is seeking franchisees.

    Date Mar 2017

    more

  • Quake forces rethink of quality and site

    Quake forces rethink of quality and site

    Paying a premium for greater resilience could be among the long-term outcomes of the earthquake last year, says a Wellington CBD office leasing specialist.

    Date Mar 2017

    more

  • RECENT DEALS for Saturday, March 4

    RECENT DEALS for Saturday, March 4

    Napier Quest hotel, Wairau Valley warehouse ..

    Date Mar 2017

    more

  • Tesla to help rejuvenate K’ Rd

    Tesla to help rejuvenate K’ Rd

    Tesla will establish its New Zealand head office, a retail store and service centre on a corner site at the western end of Karangahape Road.

    Date Mar 2017

    more

  • RECENT DEALS for Saturday, February 25

    RECENT DEALS for Saturday, February 25

    True Commercial's Recent Deals for February 25th.

    Date Feb 2017

    more

  • Precinct invests in Generator

    Precinct invests in Generator

    Coworking business developer and manager Generator has announced the conditional acquisition of a 50 per cent interest in its operation by Precinct Properties.

    Date Feb 2017

    more

  • Positive Auckland CBD office outlook

    Positive Auckland CBD office outlook

    JLL’s latest office vacancy rates show demand for office space in the Auckland CBD kept vacancy rates low over the second half of 2016.

    Date Feb 2017

    more

  • RECENT DEALS for Saturday, February 18

    RECENT DEALS for Saturday, February 18

    RECENT DEALS for True Commercial.

    Date Feb 2017

    more

  • Beer Spot taps franchisees to come aboard

    Beer Spot taps franchisees to come aboard

    The Beer Spot at Northcote on Auckland’s North Shore is now seeking franchisees to open and operate.

    Date Feb 2017

    more

  • RECENT DEALS for Saturday, February 11

    RECENT DEALS for Saturday, February 11

    RECENT DEALS

    Date Feb 2017

    more

  • Big sales show confidence in Christchurch

    Big sales show confidence in Christchurch

    The biggest commercial property sales and leases completed in the Christchurch central business district last year have given the city a 'vote of confidence'

    Date Feb 2017

    more

  • RECENT DEALS for Saturday, February 4

    RECENT DEALS for Saturday, February 4

    Tauriko Tauranga sale, Hibiscus Coast retail units, and Chinese buy in Panmure are just some of today's Recent Deals.

    Date Feb 2017

    more

  • Retail success will need ‘bricks plus clicks’

    Retail success will need ‘bricks plus clicks’

    John Church, Bayleys’ national director commercial and industrial, says Kiwi retailers can no longer afford to treat digital business as separate from brick and mortar sales.

    Date Feb 2017

    more

  • Booming childcare sector draws investors

    Booming childcare sector draws investors

    John Church, Bayleys’ national director commercial and industrial, says childcare is all the rage in the commercial property market.

    Date Feb 2017

    more

  • Millennium Centre syndication heats up

    Millennium Centre syndication heats up

    Auckland’s premier business parks — the Millennium Business Centre.

    Date Jan 2017

    more

  • RECENT DEALS for Thursday, January 26

    RECENT DEALS for Thursday, January 26

    Paul Charman's recent deals for Thursday the 26th of January...

    Date Jan 2017

    more

  • Cultural heritage reflected in commercial property trends

    Cultural heritage reflected in commercial property trends

    With Auckland being one of the world's most culturally-diverse cities, the commercial, industrial, and retail property interests of different ethnic groups have largely flown under the proverbial radar.

    Date Jan 2017

    more

  • Colliers research: 10 predictions for 2017

    Colliers research: 10 predictions for 2017

    Colliers International’s Research team has released its Top 10 Predictions for 2017, on trends and moves across the property sector.

    Date Jan 2017

    more

  • Vacant CBD office space at lowest level

    Vacant CBD office space at lowest level

    Empty Auckland central city office accommodation is now at its lowest level since Bayleys Research began its CBD vacancy survey in 2003, says Ian Little, Bayleys’ national research manager. “This is the first year overall vacancy has been below 7 per cent while B-grade vacancy rate is now 9.4 per cent - the first time it has been below 10 per cent since 2009,” Little says.

    Date Jan 2017

    more

  • Immigration boosts commercial property demand

    Immigration boosts commercial property demand

    The commercial property market continues its strong performance

    Date Dec 2016

    more

  • JLL releases ‘vertical vacancy review’

    JLL releases ‘vertical vacancy review’

    JLL New Zealand has released a building-by-building, floor-by-floor analysis of office vacancy in the prime buildings in Auckland, Wellington and Christchurch. “The Vertical Vacancy Review for the fourth quarter of 2016 is JLL’s final piece of research for 2016,” says JLL’s national research manager Tom Barclay.

    Date Dec 2016

    more

  • Schools could move into commercial spaces

    Schools could move into commercial spaces

    Schools which have their student rolls pushed up by rapid urban intensification and rising migration could ease classroom pressure by leasing spaces in commercial buildings. The wave of new developments in the pipeline in Auckland, and the residential construction boom triggered by the passing of the Unitary Plan, will present unique challenges for principals and education boards.

    Date Dec 2016

    more

  • Character space is prized for company branding

    Character space is prized for company branding

    The character Kauri Timber Building at 104 Fanshawe St was completed in 1882 and has recently been refurbished.

    Date Dec 2016

    more

  • Bayleys’ last auction for year ends on a high note

    Bayleys’ last auction for year ends on a high note

    A wide range of commercial and industrial properties was a feature of Bayleys’ final Total Property auction portfolio for the year.

    Date Dec 2016

    more

  • RECENT DEALS for Saturday December 10

    RECENT DEALS for Saturday December 10

    Recent Deals

    Date Dec 2016

    more

  • What ever happened to those great venues?

    What ever happened to those great venues?

    For rock-and-pop fans of a certain age, New Zealand’s live music venues were the perfect “slice of heaven”.

    Date Dec 2016

    more

  • Bayleys back after major makeover

    Bayleys back after major makeover

    Bayleys’ South Auckland commercial team has returned to its former premises on the corner of Harris Rd and Allens Rd in East Tamaki following a major makeover of the property.

    Date Dec 2016

    more

  • RECENT DEALS for Saturday December 3

    RECENT DEALS for Saturday December 3

    Colin Taylor's Recent Deals' for Saturday December 3

    Date Dec 2016

    more

  • Bayleys reports North Shore booming

    Bayleys reports North Shore booming

    Bayleys North Shore Commercial has reported property sales and leasing transactions up 55 per cent in October from the same month in 2015 following on from a 52 per cent increase in September. “This year is shaping up to be the busiest ever for the North Shore’s commercial and industrial property, says director Daryl Devereux. “The 190 transactions completed in the first half of its current financial year are the highest number recorded since the agency opened an office on the Shore 18 years ago, and are well up on the 170 undertaken in the same April-September period in 2015.”

    Date Nov 2016

    more

  • Pacific Property Fund buys Whangarei property

    Pacific Property Fund buys Whangarei property

    Pacific Property Fund Limited, an investment portfolio managed by Property Managers Group, is to acquire its first property in Whangarei - a landmark property in the city’s CBD. The building at 8 Robert Street is now tenanted by the Farmers Trading Company, which will commence a new 15-year lease following a building refurbishment programme, says the director of Pacific Property Fund, Denis McMahon.

    Date Nov 2016

    more

  • RECENT DEALS for November 29

    RECENT DEALS for November 29

    Paul Charman's recent deals for November 29...

    Date Nov 2016

    more

  • Unprecedented market demand in 2016

    Unprecedented market demand in 2016

    The commercial and industrial property sector looks set for a strong finish to what will be a record year says John Church, Bayleys’ national director commercial.

    Date Nov 2016

    more

  • Driverless technology to change commercial property

    Driverless technology to change commercial property

    Driverless vehicles, 3D printing and drones could radically alter the industrial real estate sector.

    Date Nov 2016

    more

  • RECENT DEALS for November 12

    RECENT DEALS for November 12

    Recent Deals

    Date Nov 2016

    more

  • B:HIVE design employed at Smales Farm

    B:HIVE design employed at Smales Farm

    Demand for the innovation sector to provide creative and original workspace design is rising, says Dave Lane.

    Date Nov 2016

    more

  • Last portfolio launched on buoyant market

    Last portfolio launched on buoyant market

    Colliers International launches its fifth and final commercial property portfolio for the year.

    Date Nov 2016

    more

  • Big bidding at latest Bayleys auction

    Big bidding at latest Bayleys auction

    Two NZ Post owned properties were among four commercial and industrial offerings to sell at yields of under five percent at Bayleys’ latest Total Property auction.

    Date Nov 2016

    more

  • Christchurch hotels sale total $43m

    Christchurch hotels sale total $43m

    The 154-room Novotel Christchurch and 155-room Ibis Christchurch have sold, with on-going management by AccorHotels.

    Date Nov 2016

    more

  • RECENT DEALS for November 5

    RECENT DEALS for November 5

    The property in Howick, outlined by a red border, sold for over $9.8m.

    Date Nov 2016

    more

  • Portfolio showcases healthy market

    Portfolio showcases healthy market

    NAI Harcourts has released its final Key Assets portfolio for 2016, showcasing more than 50 commercial properties and businesses for sale and lease, plus commercial property insights from a range of experts. General Manager Greg Clarke says it is the largest issue of Key Assets ever produced, a great achievement in a market where stock is tight.

    Date Nov 2016

    more

  • Over 20 properties sold at auction

    Over 20 properties sold at auction

    More than 20 properties were sold at Colliers International auctions during October.

    Date Oct 2016

    more

  • Ultra-fast service 'crucial’ to commercial landlords

    Ultra-fast service 'crucial’ to commercial landlords

    Ultra-fast broadband (UFB) is increasingly important for landlords selling and/or leasing commercial buildings, say the principals of property consultancy and agency Wilson Hurst.

    Date Oct 2016

    more

  • Wellington CBD art deco building for sale

    Wellington CBD art deco building for sale

    JLL is marketing a three-storey art deco building for sale on the corner of Cuba and Vivian Streets in the Wellington CBD. “This is a quintessentially Wellington building,” says JLL agent Ulf Führer who, as sole agent, is offering 191-195 Cuba St for sale by tender closing at 3pm on November 9.

    Date Oct 2016

    more

  • Christchurch two building syndication

    Christchurch two building syndication

    Investors have the opportunity to register for an interest in two first-class commercial buildings with exceptional tenant covenants strategically located within the escalating Christchurch CBD. One of the buildings is anchored by a 15-year-lease to the Canterbury District Health Board while the other is anchored by a New Zealand subsidiary of a top Fortune 500 company. Both properties combine for a weighted average lease (WALT) term of more than 10 years.

    Date Oct 2016

    more

  • Overseas investors attracted to New Zealand

    Overseas investors attracted to New Zealand

    Offshore pension and sovereign wealth funds have acquired stakes in assets such as the Henderson Westfield WestCity shopping centre. Historically low interest rates worldwide are fuelling a demand for New Zealand’s commercial and industrial investment property, with offshore investors chasing higher yields, says Whillans Realty Group director Bruce Whillans.

    Date Oct 2016

    more

  • Making the case to buy a Coromandel business

    Making the case to buy a Coromandel business

    Coromandel’s weather and the beaches may be golden, but so too are the region’s business opportunities. That’s according to ABC Business Sales consultant, Graeme Finch, who says Coromandel — long renowned for its laidback, holiday atmosphere — is rapidly becoming something of a business hot spot.

    Date Oct 2016

    more

  • Marlborough vineyards growing in value

    Marlborough vineyards growing in value

    Vineyard values in Marlborough are outstripping other regions in New Zealand, according to a special 2016 overview by Colliers International. In the past year, values across Marlborough’s approximately 23,000ha of developed vineyards have risen sharply while other regions have remained relatively static. Activity in the Hawkes Bay and Gisborne has been earmarked by older vines being replanted or replaced by alternative land uses

    Date Oct 2016

    more

  • RECENT DEALS for October 20

    RECENT DEALS for October 20

    Paul Charman's recent deals for October 20...

    Date Oct 2016

    more

  • Caring for ageing Asian community

    Caring for ageing Asian community

    The needs of New Zealand’s ageing Chinese population will rewrite the rules on retirement home developments and break the stereotype that Asian retirees want to live with their children. Recent retirement developments aimed at Chinese communities in Toronto and Vancouver have proved extremely popular, offering Chinese seniors a retirement experience that caters to their specific needs and keeps them close to their families.

    Date Oct 2016

    more

  • Owning a business is easier in Manawatu

    Owning a business is easier in Manawatu

    Moving to Manawatu could pay dividends for Aucklanders wanting to start or buy their own business, says Steve Davey of ABC Business Sales, Palmerston North. “Aucklanders who cash up in their booming housing market could buy both a home and a business in the Manawatu,” he says.

    Date Oct 2016

    more

  • Incoming council must drive unitary plan forward

    Incoming council must drive unitary plan forward

    Auckland Council has much more work to do to ensure that its new unitary plan achieves its objectives, says John Church, Bayleys’ national director commercial. Writing in Bayleys’ latest Total Property magazine, Church says the council is to be congratulated on a job well done in pulling the plan together.

    Date Oct 2016

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  • Opportunity to develop at Takanini

    Opportunity to develop at Takanini

    Auckland housing supply difficulties will benefit from construction of about 600 homes at the McLennan Development, where Housing New Zealand is creating a new community in partnership with selected build partners and developers. Last year Barfoots sold “superlots” for Stage 1 of the development on the former Papakura Miliary Camp.

    Date Oct 2016

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  • RECENT DEALS for October 3

    RECENT DEALS for October 3

    Paul Charman's recent deals for October the 3rd...

    Date Oct 2016

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  • Development potential in demand

    Development potential in demand

    Properties with enhanced development potential under their new Auckland Unitary Plan zonings were in hot demand at Bayleys latest Auckland Total Property auctions with 18 sales of close to $35,000,000 concluded. The highest price of $4,250,000 was paid for a 1272sq m under-utilised site at 33-35 Selwyn St, Onehunga with a single-level 562sq m office building. It was built for one of Auckland’s longest established suburban law firms, Daniel Overton & Goulding, in 1973 and has been occupied by them ever since.

    Date Oct 2016

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  • Record first half commercial sales

    Record first half commercial sales

    The first half of 2016 has set a new record for New Zealand commercial property sales totalling over $2.2 billion with building syndications being a noticeable trend, says a new research report. New Zealand Investment MarketView published by CBRE Research, shows that in the first half of this year transaction volumes totalled $2,208,000,000 surpassing the previous high of $1.68 billion in the first half of 2007.

    Date Sep 2016

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  • CBD office market enters next phase

    CBD office market enters next phase

    The country’s buoyant business activity is the catalyst for strong city office market conditions, states the latest CBD Office Report from Colliers International. Office leasing activity has increased nationwide, but quality is still the top priority for tenants heading into the next phase of the cycle, the report says.

    Date Sep 2016

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  • Savills negotiates big Christchurch deal

    Savills negotiates big Christchurch deal

    Savills Real Estate has negotiated the sale by Countrywide Property of two prominent central Christchurch office and retail buildings, at 104 Victoria St and 32 Oxford Tce, to Silverfin Capital Ltd for $58 million following deals. “The sale is the largest property deal in Christchurch this year,” says Jonathan Lyttle, managing director of Savills’ Christchurch office. “It follows the city’s largest lease deal of the year - also negotiated by Savills - to Hoyts for a central city site opposite the bus interchange.

    Date Sep 2016

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  • RECENT DEALS for September 26

    RECENT DEALS for September 26

    Paul Charman's recent deals for September 26...

    Date Sep 2016

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  • Kaikoura market is taking off

    Kaikoura market is taking off

    Kaikoura’s commercial property market is receiving a boost from ongoing tourism growth along with increased numbers of Christchurch-based investors searching to diversify into provincial towns. “Like many other provincial towns in New Zealand, Kaikoura’s market cycle lags the big cities but we are now seeing the commercial property market really take off,” says Rob Gibson, who heads up Savills’ new North Canterbury and Marlborough office.

    Date Sep 2016

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  • Unitary Plan’s commercial space impact unknown

    Unitary Plan’s commercial space impact unknown

    The first flurry of analysis on Auckland’s much-debated and anticipated Unitary Plan has focused on the impact of residential zoning, says Greg Clarke, the general manager NAI Harcourts NZ. “That is understandable as it has the most direct impact on the most people,” Clarke says.

    Date Sep 2016

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  • Attracting business to south west Christchurch

    Attracting business to south west Christchurch

    Many New Zealanders know the former Wigram Airforce Base — just south west of Christchurch — has now become a modern community of almost 2000 homes. The bicycle-friendly, well landscaped suburb of “Wigram Skies” — a huge mixed-use development replete with even its own town centre — was delivered at an extraordinary pace in the aftermath of the 2011 Christchurch earthquakes.

    Date Sep 2016

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  • RECENT DEALS for September 10

    RECENT DEALS for September 10

    Paul Charman's recent deals for September 10...

    Date Sep 2016

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  • Renewed interest in Christchurch bare land

    Renewed interest in Christchurch bare land

    After a lull in activity over the past two years, investors are showing growing interest in bare land suitable for commercial and residential developments within the area surrounded by Christchurch’s four avenues. The four avenues marking the rectangular boundary of the central city are Moorhouse Avenue, Fitzgerald Avenue, Bealey Avenue and Deans Avenue.

    Date Sep 2016

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  • RECENT DEALS for September 5

    RECENT DEALS for September 5

    Paul Charman's recent deals for September 5...

    Date Sep 2016

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  • Eatery example of transport strategy

    Eatery example of transport strategy

    Following months of anticipation, “Devon on the Wharf” has opened in the refurbished Northern Pavilion on Devonport Wharf. Opening out on to the boardwalk, this eatery provides ferry passengers a connection with Marine Square and a gateway to the Devonport village.

    Date Sep 2016

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  • Look to the regions when stock is low

    Look to the regions when stock is low

    Investors struggling to find an appropriate commercial property within Auckland should look to the regions, says Greg Clarke, NAI Harcourts general manager. “Just as low stock levels are driving the residential property market, commercial real estate is being affected by low listing levels,” Clarke says.

    Date Aug 2016

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  • Seven North Shore properties for auction

    Seven North Shore properties for auction

    A total of seven North Shore properties will go under the hammer at Bayleys’ next Total Property portfolio auction in Auckland on September 21. Bayleys North Shore Commercial director Nick Howe-Smith says the large number of properties for auction reflects the fact that an increasing number of owners are looking to make the most the current strong commercial property market conditions in Auckland to take some capital gain. The largest property for auction is a two-level, fully-leased 905sq m commercial building in the centre of Albany Village, with 16 retail and office tenancies producing annual rental income of $251,613 plus GST.

    Date Aug 2016

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  • Chorus moving to new Christchurch building

    Chorus moving to new Christchurch building

    Broadband network provider Chorus is moving its Christchurch office to Amherst Properties’ Hagley Precinct, on the central city fringe. Chorus will join infrastructure consultancy Opus International in the new building at 12 Moorhouse Ave, giving a combined tally of 500 people working in the five level building.

    Date Aug 2016

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  • Green award for Christchurch buildings

    Green award for Christchurch buildings

    The Kathmandu and Vodafone buildings in Christchurch’s Innovation Precinct have been awarded Five Green Star NZ Office Design 2009 Certified Ratings from the New Zealand Green Building Council. The buildings are part of the management portfolio of South Island-based specialist property and asset manager MHP.

    Date Aug 2016

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  • ‘Athleisure’ store opens on Ponsonby Rd

    ‘Athleisure’ store opens on Ponsonby Rd

    Stirling Women is the latest addition to a growing cluster of fashion retailers positioning themselves in the vicinity of Ponsonby Central on Ponsonby Road and near the new Vinegar Lane development. Sarah Boles, Bayleys’ Auckland retail specialist has leased 190sq m of ground floor space at 161 Ponsonby Rd to the new Stirling Sports sister brand which specialises in active wear for women. It is the second Stirling Women store to open and follows the successful launch of the brand at the Sylvia Park shopping mall earlier this year.

    Date Aug 2016

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  • Low yields feature of latest auction

    Low yields feature of latest auction

    Continuing very strong demand from investors and falling interest rates resulted in seven investment properties selling at yields of under five per cent at Bayleys’ latest Total Property auction in Auckland. A total of 12 properties sold under the hammer at a total value of close to $20 million. John Church, national director commercial for Bayleys, says the auction attracted one of the biggest crowds of the year, with spirited bidding across most offerings and a 70 per cent clearance rate.

    Date Aug 2016

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  • RECENT DEALS for August 20

    RECENT DEALS for August 20

    Colin Taylor's recent deals for August 13 ...

    Date Aug 2016

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  • Nothing on horizon to block momentum

    Nothing on horizon to block momentum

    There are no signs of any easing in the commercial and industrial property market’s considerable momentum, says John Church, Bayleys’ national director commercial. In his introduction to Bayleys’ latest Total Property portfolio Church says the high levels of commercial property activity evident all year have been rolling on through into the winter months.

    Date Aug 2016

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  • Airpoints Dollars for commercial lessees

    Airpoints Dollars for commercial lessees

    In a first for the commercial property sector, small to medium-sized businesses taking out leases on commercial and industrial premises can now receive Airpoints Dollars as part of Air New Zealand’s Airpoints for Business programme. “Tenants who lease commercial and industrial property through Bayleys will receive Airpoints Dollars where landlords have agreed to participate in the programme,” says Lloyd Budd, Bayleys’ Auckland office and retail leasing director.

    Date Aug 2016

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  • Four Ds drive growing storage sector

    Four Ds drive growing storage sector

    Four Ds – density, dislocation, divorce and death – are the key drivers behind the success of the self-storage sector in New Zealand, says John Church, national director commercial for Bayleys. Church says New Zealand is rapidly following in the footsteps of the US where self-storage has been the fastest growing construction segment over the last 40 years.

    Date Aug 2016

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  • Southpark’s big industrial project programme

    Southpark’s big industrial project programme

    Southpark Corporation is developing $98 million of commercial property with a further 50,000 square metres of industrial buildings under construction in Auckland and Christchurch following several recently-completed projects. Scott Campbell, Southpark’s General Manager of Development and Property Assets, says the company has attracted several high-calibre international and national tenants into its portfolio including Dairy Nutraceuticals, Australian-based OI Glass and Christchurch-based Sorted Logistics.

    Date Aug 2016

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  • RECENT DEALS for August 13

    RECENT DEALS for August 13

    Colin Taylor's recent deals for August 13 ...

    Date Aug 2016

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  • Auckland’s lowest retail vacancy rates on the Shore

    Auckland’s lowest retail vacancy rates on the Shore

    The North Shore’s retail vacancy rates are the lowest in the Auckland region and retailers are having to adapt to compete with new shopping trends, according to a survey conducted by Bayleys Research. The latest survey of key retail locations across Auckland shows a vacancy rate on the Shore of 3 per cent - up from 2.5 per cent in 2015, but still below the region’s overall retail vacancy rate of 5.2 per cent, which is also up from 4.6 per cent last year.

    Date Aug 2016

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  • RECENT DEALS for August 9

    RECENT DEALS for August 9

    True Commercial's Recent Deals for August 9...

    Date Aug 2016

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  • Queenstown’s new retail centre leased up fast

    Queenstown’s new retail centre leased up fast

    Eighteen months after the first tenants opened their doors, Queenstown’s The Landing shopping and commercial centre is now fully leased reflecting a booming Queenstown population and skyrocketing tourism numbers. The Landing consists of 19 shops adjacent to Remarkables Park Town Centre’s 55-plus businesses and Queenstown Airport, and forms a new commercial and retail hub for the Queenstown Lakes district.

    Date Aug 2016

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  • Matua winery among nearly $50m of sales

    Matua winery among nearly $50m of sales

    The sale of the Matua winery in Waimauku, along with the Emerald and Quest Hotels in Gisborne and New Plymouth; and a number of motels, are among close to $50 million of hospitality and tourism accommodation transactions recently concluded by Bayleys. The largest transaction was the Matua Vineyard and winery and the 31.68ha of land it occupies in Waikoukou Valley in West Auckland.

    Date Aug 2016

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  • RECENT DEALS for July 30

    RECENT DEALS for July 30

    True Commercial's recent deals for July 30 ...

    Date Jul 2016

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  • Vinta launches new fund with capital trio

    Vinta launches new fund with capital trio

    Property group Vinta Funds Management Limited, one of the largest fully integrated private property groups in Australia and New Zealand, is launching a new $121,230,000 direct, open-ended and wholesale unlisted property fund targeted at New Zealand wholesale investors. “Seed assets for the fund will comprise three top quality Wellington CBD office buildings,” says Simon Donohoe, Head of Distribution for Vinta. They are:

    Date Jul 2016

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  • The Orange complements its predecessor

    The Orange complements its predecessor

    “The Orange” is kind of grand play on words, a vibrant commercial building acting as a backdrop to Auckland’s historic Orange Coronation Hall, at 145 Newton Rd. Having scooped the Heritage Award at the 2016 Auckland Architecture Awards, developers Dominion Construction Ltd have sent a message to Auckland City’s other providers of commercial space — which seems to be “lighten up”.

    Date Jul 2016

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  • RECENT DEALS for July 25

    RECENT DEALS for July 25

    True Commercial's recent deals for July the 25th ...

    Date Jul 2016

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  • Fear of ‘missing out’ hikes office market

    Fear of ‘missing out’ hikes office market

    A lack of commercial office property stock and competitive pricing is being fuelled by owner-occupiers, ‘yield-hungry’ investors and syndicators, says a new report published by Colliers International. Within the publication entitled Auckland Metropolitan Office 2015 - Taking care of businesses, Chris Dibble, Colliers’ director research and consulting, says some investors view the new price levels as “untenable”.

    Date Jul 2016

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  • Commercial property sales up nationwide

    Commercial property sales up nationwide

    Growth in regional economies is working its way into commercial and industrial property markets. Bayleys Research national manager Ian Little said this was reflected in an increase in the value of commercial and industrial sales outside Auckland to $3.587 billion in 2015, up 47 per cent on $2.441b of transactions in 2014.

    Date Jul 2016

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  • Medical property sector growing and changing

    Medical property sector growing and changing

    There’s plenty of activity in the medical and health property market in New Zealand currently with specialist medical hubs being built, doctors’ practices being relocated within major shopping centres, and large scale health-centric developments changing ownership. In a recent report, Australian consulting firm Urbis identified that the private sector has benefited from increases in wealth, an expansion of private medical insurance, concern about the adequacy of services and waiting times at public hospitals, and a growing awareness in the community of health-related issues.

    Date Jul 2016

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  • Demand feeds Porana Rd bidding frenzy

    Demand feeds Porana Rd bidding frenzy

    A record number of bids on a North Shore warehouse in need of remedial work, sub-five per cent yields on several Auckland retail offerings and one of New Plymouth’s largest ever commercial sales were features of Bayleys’ latest round of Total Property across the North Island. More than $32 million of sales were recorded at auctions held in Auckland, Tauranga, Hamilton and New Plymouth.

    Date Jul 2016

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  • RECENT DEALS for July 18

    RECENT DEALS for July 18

    True Commercial's recent deals for July 18...

    Date Jul 2016

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  • Auckland is a construction ‘boom’ town

    Auckland is a construction ‘boom’ town

    The future has never looked rosier for the commercial property construction sector which is ‘booming’ in Auckland and simultaneously across multiple market sectors at an unprecedented rate, says John Church, national commercial director Bayleys Real Estate. “This construction underpins commercial property requirements for additional offices, industrial and retail premises, as well as infrastructure like roads, schools and hospitals to support Auckland’s fast-growing number of residents,” Church says.

    Date Jul 2016

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  • New roading drives Wellingon’s future industrial growth

    New roading drives Wellingon’s future industrial growth

    Over $2.6 billion worth of new roading infrastructure is set to reinvigorate some of the Wellington region’s established industrial precincts and could provide the catalyst for the significant expansion of new precincts north of the city, says Bayleys Research in an overview of the region’s industrial property market. The Northern Corridor motorway, now under construction and incorporating 60 kilometres of new State Highway One (SH1) roading between central Wellington and Levin, should provide a much improved connection between the Capital and the lower North Island, says Ian Little, national manager of Bayleys Research. “The new roading will significantly enhance the potential of new northern business precincts particularly on the Kapiti Coast,” Little says.

    Date Jul 2016

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  • Industrial drought affecting tenants and purchasers

    Industrial drought affecting tenants and purchasers

    A critical lack of industrial premises in some locations around the country is having significant impacts on tenants and purchasers, says a report by Colliers International. Tenants searching for new or larger space are struggling to find suitable premises to work from while purchasers are struggling to find good stock to buy, says Colliers’ latest New Zealand Industrial Report.

    Date Jul 2016

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  • RECENT DEALS for July 4

    RECENT DEALS for July 4

    True Commercial's recent deals for July 4 ...

    Date Jul 2016

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  • Commercial property momentum rolls on

    Commercial property momentum rolls on

    The momentum driving New Zealand’s commercial property market shows no sign of nearing an end, says a new report by the Capital Markets team of Colliers International contained in the agency’s third portfolio publication for the year. Released to the market yesterday and entitled Global Reach, the agency’s 52-page portfolio magazine features listings covering all commercial property sectors including industrial, office, rural and retail offerings.

    Date Jul 2016

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  • RECENT DEALS for June 29

    RECENT DEALS for June 29

    True Commercial's recent deals for June 29...

    Date Jun 2016

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  • Queenstown hotel sale price ‘more than $15m’

    Queenstown hotel sale price ‘more than $15m’

    Queenstown’s Tanoa Aspen Hotel and associated property holdings has sold, apparently realising a purchase price of more than $15 million. The 73-room hotel, with stunning lake and mountain views — with 5778sq m of development land, four residential properties and two adjoining apartments — has been purchased by a New Zealand-based investor.

    Date Jun 2016

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  • Otahuhu emerging as favoured locality

    Otahuhu emerging as favoured locality

    Following years of neglect, Otahuhu — which is just 13km from Central Auckland — is coming into its own as a place to live and do business, says Mangere-Otahuhu Community board chairwoman Lydia Sosene. Commercial developments such as The Hub precinct, at 225 Great South Rd, are playing a big part in this process and Otahuhu has also benefited from Auckland Council investing heavily in local infrastructure,” she adds.

    Date Jun 2016

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  • Big movers shake things up in CBD

    Big movers shake things up in CBD

    For the first time in years, Auckland central business district office space is becoming available to medium to large-sized companies. Colliers International says that as major office towers are planned, some corporations are moving to city-fringe offices, while others are rationalising space requirements.

    Date Jun 2016

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  • RECENT DEALS for June 20

    RECENT DEALS for June 20

    Paul Charman's recent deals for June the 20th...

    Date Jun 2016

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  • Retail rent highest in Auckland CBD

    Retail rent highest in Auckland CBD

    Auckland’s central business district is home to the most expensive retail precinct in New Zealand with rents predicted to rise even higher in the city and also nationally this year, according to an in-depth document entitled Australia and New Zealand Research and Forecast Report – Retail for the first half of 2016 just released by Colliers International. “The average net prime rent for Auckland CBD retail space is now $2950 per square metre – driven up by the impact of population increases,” writes the author of the New Zealand section of the report, Chris Dibble, director, research and consulting based in the agency’s Auckland office.

    Date Jun 2016

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  • New Ramada Hotel opens in Queenstown

    New Ramada Hotel opens in Queenstown

    Queenstown’s new four-star Ramada Hotel & Suites has opened in Remarkables Park offering 72-beds of accommodation along with nine retail shops and cafes. “It’s very rewarding to see Queenstown’s first new hotel in many years open here at Remarkables Park – marking an intensive period of activity for us as we deliver the next phase of our development,” said Alastair Porter, Chief Executive of Remarkables Park Limited.

    Date Jun 2016

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  • Auckland can be rated world-best city

    Auckland can be rated world-best city

    Auckland, named this year as the city with the world's third-best quality of life, can make it to the top of the list if it continues the drive to build more precincts like Britomart, the Wynyard quarter and the new $680m Commercial Bay development at the foot of Queen and Albert Sts. John Schellekens, CBRE's national director, structured transactions and advisory services, says more of the fine development work of recent times by Auckland Council and private developers will deliver "better urban development outcomes" - and could be the basis for Auckland to make it to No. 1.

    Date Jun 2016

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  • Harvey Norman to open store in Queenstown

    Harvey Norman to open store in Queenstown

    Retailing giant Harvey Norman has confirmed it will open in Queenstown later this year, as anchor tenant in the former Mitre 10 premises at Remarkables Park Town Centre. Resource and building consent was recently received to redevelop the premises to accommodate a Harvey Norman Computer & Electrical store and three smaller retail units, says Dale Robertson, director of MHP, which manages the building on behalf of a group of investors.

    Date Jun 2016

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  • Locals battle Aucklanders for Hamilton properties

    Locals battle Aucklanders for Hamilton properties

    Local Hamilton commercial investors are “having to battle increasingly with out-of-region purchasers, particularly Aucklanders, for the limited stock available”, states a new Bayleys’ Research report. “Strong investor demand and a chronic shortage of stock are also placing further downward pressure on yields,” says Goran Ujdur, Bayleys’ senior research analyst, writing in the agency’s Hamilton Regional Marketbeat.

    Date Jun 2016

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  • RECENT DEALS for June 13

    RECENT DEALS for June 13

    True Commercial's recent deals for June 13 ...

    Date Jun 2016

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  • Low yields feature of Bayleys auction

    Low yields feature of Bayleys auction

    One of four Huapai retail outlets to sell was the Wine Circle liquor store. The corner site at 589-597 Mt Eden Road, sold for just over $3.6m. A panel beater, the anchor tenant at 394 New North Rd has been in occupation more than 20 years. Continuing strong investor demand for a scarce supply of good quality commercial and industrial property offerings has resulted in 15 properties put up for auction in Bayleys’ second 2016 Total Property portfolio selling for close to $30 million.

    Date Jun 2016

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  • Flagship new restaurant for Auckland’s Chancery Chambers

    Flagship new restaurant for Auckland’s Chancery Chambers

    A well-known Melbourne dining and wine establishment, called Meat Fish Wine, will be soon be opening a restaurant in Chancery Chambers - one of Auckland’s historic buildings “Meat Fish Wine plans to open up in the law society’s building in O’Connell Street by the end of this month,” says Anthony Barton, retail leasing broker for JLL.

    Date Jun 2016

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  • Augusta launches NZME building syndication

    Augusta launches NZME building syndication

    One of New Zealand’s biggest single-building public property syndications has been launched with Augusta Funds Management Ltd offering $70 million worth of capital in a limited partnership that will own a new Auckland CBD office building in which media organisation APN Holdings NZ Limited (NZME) is the anchor tenant. The 11,117 square metre Building A is part of a recently completed two-building integrated commercial and retail complex at 2-4 Graham St which runs off Victoria Street West. The building will be purchased from a related company of the developer Mansons TCLM for $115,818,265.

    Date Jun 2016

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  • Queenstown market runs red hot - but at a price

    Queenstown market runs red hot - but at a price

    Queenstown is experiencing an unprecedented real estate boom supported by significant expansion of the commercial and residential construction sector, says Colliers International’s 2016 Queenstown Property Market Review and Outlook report. “The already red-hot Queenstown property market is approaching historic highs but we expect expansion to continue for the foreseeable future due to strong fundamentals underpinning the current bull market,” says John Scobie, Colliers Queenstown’s valuation director.

    Date Jun 2016

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  • RECENT DEALS for June 1

    RECENT DEALS for June 1

    True Commercial's recent deals for June 1...

    Date Jun 2016

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  • North Shore office vacancy lowest in a decade

    North Shore office vacancy lowest in a decade

    The North Shore’s office sector performed strongly last year with total vacancy rates falling to 6.9 per cent - the lowest level since 2006, says the latest office vacancy survey by Bayleys Research. “The reduction was driven by strong tenant uptake across the area’s two biggest office precincts, Takapuna and Albany,” says Ian Little, Manager Property Research Division for Bayleys.

    Date Jun 2016

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  • Oyster fund offers projected seven per cent to investors

    Oyster fund offers projected seven per cent to investors

    Oyster Group has officially opened its new unlisted property investment, the Oyster Direct Property Fund, announcing projected cash distributions of seven per cent, pre-tax, per annum, paid monthly. For what is being billed as “an affordable minimum investment of $10,000”, the fund offers investors well-diversified exposure to $240 million in quality commercial property throughout New Zealand.

    Date May 2016

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  • Vineyard valley to convenience food alley

    Vineyard valley to convenience food alley

    When Auckland’s northwestern motorway began creeping out towards Henderson in the mid-1950s, winemaker Tony Soljan’s father climbed the radio mast at the end of Lincoln Rd overlooking the motorway to take some photos. “There’s not even a car on Lincoln Rd,” recalls Soljan of the shots from the aerial — which is still there today.

    Date May 2016

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  • Expo to examine the regions’ commercial property market

    Expo to examine the regions’ commercial property market

    Bayleys Real Estate says Auckland commercial and industrial property investors are increasingly looking to regional New Zealand. In response, the company plans to showcase properties from throughout the country at a Regional Commercial Property Expo, to be held in Auckland early next month.

    Date May 2016

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  • Planned rail link putting city fringe on top

    Planned rail link putting city fringe on top

    Commercial property on Auckland’s city fringe is already popular with mid-range investors but the planned City Rail Link (CRL) will really open up areas like Newmarket, Grafton, Mt Eden and Kingsland, predicts Nick Hargreaves, Managing Director of JLL. Hargreaves says there are several forces at play that are making the city fringe suburbs so popular.

    Date May 2016

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  • City fringe  growth drives demand for office space

    City fringe growth drives demand for office space

    A powerful local economy in Auckland’s city fringe areas has spurred business creation and expansion, driving increased demand for office space over the last year, says the 2016 Bayleys Research office vacancy survey. “Along with limited new supply, the increased business impetus has resulted in a reduction in vacancy to their lowest levels since 2009 across these precincts,” Ian Little, Manager Property Research Division for Bayleys.

    Date May 2016

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  • RECENT DEALS for May 14

    RECENT DEALS for May 14

    True Commercial's recent deals for May 14...

    Date May 2016

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  • New high-end office space to break drought

    New high-end office space to break drought

    CBRE Research predicts almost 80,000sq m of high end space will become available in the Auckland CBD over the next 18 months. This will break a veritable drought in quality office space, one which has afflicted the inner city for almost 10 years, the research adds.

    Date May 2016

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  • North Shore industrial space squeeze

    North Shore industrial space squeeze

    Historically low levels of industrial space in the Albany Basin are being squeezed even tighter with the vacancy rate now sitting at just 2.6 per cent, down from 3.3 per cent a year earlier, says Bayleys Research. Matt Mimmack, Bayleys North Shore Commercial’s industrial manager, says businesses looking for space to lease face competition for a dwindling supply of available buildings, not only from other tenants but also from owner-occupiers.

    Date May 2016

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  • RECENT DEALS for May 9

    RECENT DEALS for May 9

    True Commercial's recent deals for May 9...

    Date May 2016

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  • RECENT DEALS for May 4

    RECENT DEALS for May 4

    True Commercial's recent deals for May 4...

    Date May 2016

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  • The regions: ‘not just about the milk’

    The regions: ‘not just about the milk’

    Despite the downturn in the dairy market, regional commercial and industrial property markets have been performing strongly and are expected to continue to do so, says John Church, Bayleys national director commercial. Church says one of the most pleasing aspects of Bayleys Commercial’s strong performance in its latest March financial year, with revenue exceeding budget by around 25 per cent, has been the contributions coming from regional offices outside of the metropolitan centres.

    Date Apr 2016

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  • Augusta’s Aussie buildings promise great returns

    Augusta’s Aussie buildings promise great returns

    A large Queensland industrial property with two long-term leases to established Australian tenants — which provide annual rental growth of 3.5 and 4 per cent — is being syndicated by Augusta Funds Management Ltd in its latest Australian offering to New Zealand investors. The property at 76 Quinns Hill Rd, Stapylton, on an approximately 4.117ha site near a major freight route between Brisbane and Surfers Paradise, comprises two freestanding high-stud modern warehouses built in 2011.

    Date Apr 2016

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  • RECENT DEALS for April 26

    RECENT DEALS for April 26

    True Commercial's recent deals for April 26...

    Date Apr 2016

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  • Big bidding at Total Property auction

    Big bidding at Total Property auction

    Strong competition for a variety of commercial and industrial properties at Bayleys’ first Total Property portfolio auction for the year resulted in a 90 per cent clearance rate with all but one of 11 offerings selling at or before the auction, many at very low yields. Of the eight investment properties that sold, four sold at yields of under five per cent and two between five per cent and 5.5 per cent.

    Date Apr 2016

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  • RECENT DEALS for April 18

    RECENT DEALS for April 18

    True Commercial's recent deals for April 18...

    Date Apr 2016

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  • New Queenstown Ramada hotel opens soon

    New Queenstown Ramada hotel opens soon

    The Ramada Hotel & Suites Remarkables Park is set to open in June as Queenstown’s first new hotel in five years. Situated in the high profile extension of Remarkables Park Town Centre, the hotel features commanding views of The Remarkables mountains, Coronet Peak and other mountains surrounding Queenstown.

    Date Apr 2016

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  • RECENT DEALS for April 9

    RECENT DEALS for April 9

    True Commercial's recent deals for April 9...

    Date Apr 2016

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  • Tauranga hotel’s new owner plans spruce-up

    Tauranga hotel’s new owner plans spruce-up

    A major Wellington-based property investment group has bought Tauranga’s Hotel Armitage and intends to upgrade and enlarge it. The 81-room hotel on the corner of Willow St and Park St had just finished major earthquake strengthening to bring it up to A-grade seismic strength.

    Date Apr 2016

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  • Motorway off-ramp building sells for over $10 million

    Motorway off-ramp building sells for over $10 million

    Ever imagined a functional-looking building on a motorway off-ramp could be as exciting to investors as a Goldie painting, or bottle of Romanee-Conti brandy? If not, maybe you should get out more, because the prosaic structure on Auckland’s Nelson St off-ramp (pictured right) has just changed hands for more than $10 million.

    Date Apr 2016

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  • Industrial space shortage sends firms to search afar

    Industrial space shortage sends firms to search afar

    Lack of Auckland prime space is forcing industrial companies to look further afield to meet their larger footprint space needs, says CBRE’s latest Auckland Industrial Marketview Snapshot. The agency’s research shows that Auckland industrial space available for lease has been continuously decreasing in the last two years with prime industrial vacancy now sitting at a miniscule 0.6 per cent.

    Date Apr 2016

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  • RECENT DEALS for April 2

    RECENT DEALS for April 2

    True Commercial's recent deals for April 2...

    Date Apr 2016

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  • Confidence at highest level for two years

    Confidence at highest level for two years

    The latest Commercial Property Investor Confidence Survey by Colliers International shows that confidence among most of the country’s investors is at its highest level for two years. The survey shows investor sentiment has built on the growth in confidence achieved late last year and is now at a two-year high.

    Date Apr 2016

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  • Fuji Xerox Queenstown moving to The Landing

    Fuji Xerox Queenstown moving to The Landing

    Fuji Xerox New Zealand Limited (FXNZ) is to relocate its Queenstown facility and will open a flagship showroom, sales and service centre at The Landing in the Frankton shopping area at the end of April. The new centre will be located between Queenstown Interiors and Remarkable Physios at The Landing which is close to Queenstown Airport and near the large Remarkables Park retail centre.

    Date Mar 2016

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  • RECENT DEALS for March 26

    RECENT DEALS for March 26

    True Commercial's Recent Deals for March 26...

    Date Mar 2016

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  • Landmark Christchurch building sells

    Landmark Christchurch building sells

    A landmark Christchurch city building, occupied by law firm Saunders & Co and popular nightspots Mexicano’s and The Dirty Land, has been sold for $11 million to a private investor through Jonathan Lyttle of Savills Real Estate. “This sale represents a low 6.97 per cent yield, shows there is plenty of appetite for strongly-tenanted investment properties in good locations,” Lyttle says.

    Date Mar 2016

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  • RECENT DEALS for March 19

    RECENT DEALS for March 19

    True Commercial's recent deals for March 19...

    Date Mar 2016

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  • Bethlehem’s Kmart opening marks end of big project

    Bethlehem’s Kmart opening marks end of big project

    A new Kmart store is due to open its doors soon as part of the $15 million redevelopment of the Bethlehem Town Centre in Tauranga which is nearing completion. The Kmart, which joins Countdown as the centre’s anchor tenant, is scheduled to start trading next Thursday March 24 and will be operate seven days a week from 8am until midnight.

    Date Mar 2016

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  • Sports star buys Mt Wellington centre

    Sports star buys Mt Wellington centre

    An anonymous international sports star has bought a new retail development in the Auckland suburb of Mt Wellington. The retail centre at 200 Mt Wellington Highway is anchored by National Childcare on a 20-year lease with built-in Consumer Price Index rental reviews. The majority of the remaining leases are to well-established national or international retail brands including Tank, Sals Pizza and Zambrero.

    Date Mar 2016

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  • $4.5bn liability could impact commercial leases

    $4.5bn liability could impact commercial leases

    Anyone leasing office space, retail premises or industrial property needs to get to grips with a $4.5 billion liability that could affect their business. That’s the advice from commercial real estate giants CBRE who say that, while IFRS 16 may not have the most exciting name, it is a new international accounting standard demanding attention from many New Zealand businesses.

    Date Mar 2016

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  • RECENT DEALS for March 12

    RECENT DEALS for March 12

    Paul Charman's recent deals for March 12th...

    Date Mar 2016

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  • Rapid fire bids a feature of Bayleys auction

    Rapid fire bids a feature of Bayleys auction

    Further evidence the strong momentum that has been evident in the Auckland commercial and industrial property for the last two years has continued into 2016 was provided by Bayleys first portfolio auction for the year which generated strong bidding across a wide range of properties. Bayleys senior commercial auctioneer Richard Valintine says while there were only 11 properties up for auction, with three vacant premises having sold prior, there was a very big crowd in attendance and multiple bids on most offerings.

    Date Mar 2016

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  • Bayleys’ top tips on Auckland ‘hot spots’

    Bayleys’ top tips on Auckland ‘hot spots’

    The 'hot spots' of Auckland, according to John Church of Bayleys

    Date Mar 2016

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  • Auckland’s North Shore comes of age

    Auckland’s North Shore comes of age

    People may be sitting on a property that’s worth more than they realise. In many cases, they can get more for it than they think they can. David Mayhew The commercial property market on the North Shore has matured, as the lack of greenfields space in key areas forces land values ever higher, commercial property company JLL says.

    Date Mar 2016

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  • Wellington anticipating another capital year

    Wellington anticipating another capital year

    Favourable market conditions that fuelled a very buoyant year for Wellington’s commercial and industrial property sector in 2015 look set to continue this year, says Mark Hourigan, managing director of Bayleys Capital Commercial. Writing in Bayleys latest Greater Wellington magazineHourigan says that last year was the best year that the Wellington commercial and industrial property sector has experienced since the Global Financial Crisis knocked the stuffing out of the market way back in 2008.

    Date Mar 2016

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  • RECENT DEALS for March 5

    RECENT DEALS for March 5

    Paul Charman's recent deals for March 5...

    Date Mar 2016

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  • RECENT DEALS for February 27

    RECENT DEALS for February 27

    Colin Taylor's recent deals, for February 27...

    Date Feb 2016

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  • Christchurch buyers have cash but no properties

    Christchurch buyers have cash but no properties

    Savills Real Estate in Christchurch believes local private investors are sitting on over $100 million in cash which they want to use to buy central Christchurch commercial property priced under $2 million. “Investors making inquiries about several of our recent property offerings have told us they want to add commercial property to their portfolios but they can’t find buildings that meet their requirements,” says Jonathan Lyttle, managing director of Savills’ Christchurch office. “The supply of smaller commercial buildings in central locations, leased to one or two tenants on good lease terms, has become very limited since the earthquakes.”

    Date Feb 2016

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  • Big sales symbolise Parnell’s resurgence

    Big sales symbolise Parnell’s resurgence

    The sale of two office buildings along Parnell Road for a combined total of nearly $19.9 million is indicative of Parnell as a re-emerging city fringe market, says Henry Thompson, investment broker for Whillans Realty Group. “Parnell is once again becoming one of Auckland’s most sought after retail and commercial precincts and these two big transactions are evidence of Parnell’s resurging and active status,” Thompson says.

    Date Feb 2016

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  • RECENT DEALS for February 20

    RECENT DEALS for February 20

    Colin Taylor's recent deals for February 20

    Date Feb 2016

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  • Global brands boost demand for CBD retail space

    Global brands boost demand for CBD retail space

    A growing number of retailers are vying for Kiwi buyer dollars and the demand remains strong for prime retail central city space, says Ed Donald, senior retail salesperson for Bayleys. “Clothing stores H&M and Zara have recently committed to Sylvia Park in Auckland and a number of other well-known international retailers are coming or are on the verge of coming to New Zealand,” Donald says.

    Date Feb 2016

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  • RECENT DEALS for February 13

    RECENT DEALS for February 13

    Colin Taylor's recent deals for February 13

    Date Feb 2016

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  • RECENT DEALS for February 6

    RECENT DEALS for February 6

    Colin Taylor's recent deals for February 6

    Date Feb 2016

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  • Prediction for another buoyant year ahead

    Prediction for another buoyant year ahead

    The very strong momentum that was evident in the Auckland commercial and industrial property market in late 2015 looks set to continue into 2016, says John Church, national director, commercial for Bayleys. “The performance of the commercial property market is closely aligned to a number of key economic indicators and these are looking good for another buoyant year for Auckland commercial property investors,” Church says in his introduction to Greater Auckland magazine which launches Bayleys’ first commercial and industrial portfolio marketing initiative for the year.

    Date Jan 2016

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  • RECENT DEALS for January 30

    RECENT DEALS for January 30

    Colin Taylor's recent deals for January 30

    Date Jan 2016

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  • RECENT DEALS for January 23

    RECENT DEALS for January 23

    Colin Taylor's recent deals for January 23

    Date Jan 2016

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  • Businesses hit by lack of land and buildings

    Businesses hit by lack of land and buildings

    The tight industrial property market of the past three years is having a detrimental effect on Auckland businesses, says Dave Arlidge, who has joined Knight Frank as industrial director from CB Richard Ellis. “Firms are finding it almost impossible to source new premises or expand their existing on-site operations and are turning to third party logistics companies to store and distribute their products,” Arlidge says.

    Date Jan 2016

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  • Auckland office space in short supply

    Auckland office space in short supply

    The latest Research Report by Colliers International says less than 84,000 sq m of office space is available for lease in the Auckland CBD – the lowest level since Colliers’ records began in the mid 1990s. Chris Dibble, the agency’s director of research and consulting, says leasing in Auckland has been strong for prime office space in premium and A-grade buildings but this has been eclipsed by activity in the secondary sector for B-grade and lower rated buildings.

    Date Jan 2016

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  • VXV will have big impact on Auckland’s CBD

    VXV will have big impact on Auckland’s CBD

    Three big commercial developments now being undertaken by Goodman and Fletcher Building in Auckland’s Wynyard Quarter will have a combined value of $250 million with space available for two more buildings in the area. Peter Dufaur, Goodman’s general manager of development says the new commercial precinct has been called VXV and the three new campus style office facilities will add an additional 41,235 sq m of premium office area to the CBD.

    Date Jan 2016

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  • Commercial property leaders upbeat about 2016

    Commercial property leaders upbeat about 2016

    Without exception the leaders of major commercial property agencies and business brokerages are upbeat about the year ahead.

    Date Jan 2016

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  • Sale of corporate properties benefits companies and investors

    Sale of corporate properties benefits companies and investors

    Since the global financial crisis, senior leadership teams across all businesses have been analysing their balance sheets to reduce unnecessary wastage and leverage under-utilised capital. Now with balance sheets in better shape due to economic expansion and increasing revenue, opportunities for growth are back on the agenda. One of the biggest opportunities for businesses to unlock and utilise capital more efficiently is through the sale of their office headquarters or distribution centres with a long lease in place – or via the disposal of property and land holdings that have become surplus to requirements.

    Date Oct 2015

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  • Hamilton’s CBD hurts as north booms

    Hamilton’s CBD hurts as north booms

    Retail services in Hamilton’s CBD are suffering due to the phenomenal residential growth on the city’s northern urban boundaries along with accompanying commercial growth there, according to new research. “Both primary and secondary shopping strips within Hamilton’s central business district are coming under significant pressure, with high levels of vacancies and softer pedestrian traffic,” says Ian Little, national manager of Bayleys Research.

    Date Jul 2015

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  • Office rent rises and less space for workers

    Office rent rises and less space for workers

    JLL researchers are forecasting a further 9 per cent increase in average net office rents for Grade A space in Auckland CBD by this end of this year with reduced vacancy also driving workplace changes throughout New Zealand. Mark Grant, the agency’s national director of markets, says research recently undertaken by JLL on the office supply pipeline found that there is very little space likely to be completed until 2018.

    Date May 2015

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  • Shortage of office space sparks development

    Shortage of office space sparks development

    The amount of vacant office space in the Auckland CBD has been shrinking for the past three years as the economy grows, business confidence reaches record highs and supply stays still. The limited amount of available office space in Auckland's CBD reached all-time lows at the beginning of the year. There was around 4000sq m of prime vacant space and 100,000sq m of secondary space.

    Date Apr 2015

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  • New Zealand ‘red hot’ for overseas equity investors

    New Zealand ‘red hot’ for overseas equity investors

    Interest among overseas investors in New Zealand property is “red hot”, says Andrew Reed, international director of capital markets at Colliers International. Commenting on the agency’s Capital Markets Report, based on a survey of the world’s top commercial and industrial markets, Reed also predicts more Chinese investment in New Zealand commercial property.

    Date Apr 2015

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  • Report indicates continuing positive industrial market

    Report indicates continuing positive industrial market

    Positive signs ahead point to another golden run for the industrial sector, with little signs of a slowdown. Demand is the best it has been in decades and this is an attractive feature for an investment market hungry for good quality investment opportunities. The positive attention the industrial sector is receiving stacks up against a backdrop of strong economic activity. The only foreseeable headwind for further expansion will be access to the type of vacant industrial land that allows development of the premises desired by tenants. In some areas of New Zealand, particularly in pockets of Auckland where the highest proportion of industrial activity is recorded, this resource is becoming scarce.

    Date Mar 2015

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  • JLL Research’s city and suburban office report

    JLL Research’s city and suburban office report

    The following is the content of JLL’s Pulse research report for the Auckland CBD and suburban office market for the first quarter of 2015. Strong occupier demand has resulted in vacancy experiencing a sharp fall and has put upward pressure on rentals. Investor confidence remains strong and has resulted in further compressing in yields.

    Date Mar 2015

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  • Infrastructure projects help fuel capital’s boom

    Infrastructure projects help fuel capital’s boom

    The value of building and construction activity in Wellington is expected to grow by 38 per cent from 2012 to 2019, according to a National Construction Pipeline report compiled by the Building Research Association (BRANZ) and Pacifecon (NZ) Ltd. Of particular encouragement to the commercial property sector is the report’s forecast that non-residential Wellington construction activity is expected to surge ahead by 49 per cent in the 2012 – 2019 period, says Mark Hourigan, Wellington commercial and industrial director for Bayleys.

    Date Feb 2015

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  • Industrial market faces positive perfect storm

    Industrial market faces positive perfect storm

    New Zealand’s industrial property market is experiencing a “perfect storm” that will boost competition in 2015 and especially for the prime industrial sector, says Chris Dibble, national research manager at Colliers International in his latest New Zealand Research Report. Dibble says trends coming together that make the market friendly “storm” comprise a robust economy, low interest rates, lower fuel prices and a development pipeline that is yet to stem demand.

    Date Jan 2015

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  • Big drop in city fringe office vacancies

    Big drop in city fringe office vacancies

    The combination of a strengthening leasing market and some significant projects converting office buildings into residential complexes have resulted in a sharp fall in office vacancies across the Auckland City fringe business precincts, says Bayleys Research. A new city fringe vacancy survey shows that overall office vacancy has fallen to 13.7 per cent down from 16.8 per cent in early 2014 and a peak of 16.9 per cent recorded in 2011 when the impact of the Global Financial Crisis and New Zealand’s recession was at its greatest.

    Date Jan 2015

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  • Strong demand for office space in CBD

    Strong demand for office space in CBD

    The amount of empty office accommodation within Auckland's CBD has fallen for the fifth consecutive year, reflecting the city's strong economic performance. The latest Bayleys Research CBD office survey has found the overall vacancy reduced to 10.6 per cent - down from 11.4 per cent in January last year.

    Date Jan 2015

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  • High returns on commercial property

    High returns on commercial property

    The return on New Zealand commercial property is now at its highest level since the March 2008 quarter, reports the Property Council of New Zealand (PCNZ). The council’s report says commercial property continues to perform strongly as evidenced by the PCNZ/Investment Property Databank (IPD) New Zealand Property Index results for the quarter ending September 2014.

    Date Nov 2014

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  • Record year for commercial property sales

    Record year for commercial property sales

    The volume of commercial property sales in New Zealand has reached its highest level on record for this time of year driven by greater levels of foreign investment according to commercial real estate agency JLL. “In the year to date, investors have acquired more than $2.8 billion worth of New Zealand’s industrial, retail, and office properties compared with $2.1 billion in the previous year,’ says Nick Hargreaves, managing director for JLL.

    Date Oct 2014

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  • Industrial property favoured as ‘low risk asset’

    Industrial property favoured as ‘low risk asset’

    Industrial property has been identified as the steadiest performer in the commercial real estate market in a report compiled by Bayleys Research. “Industrial property is a sector that is characterised by generally low volatility in key indicators such as vacancy levels, rentals, yields and returns. As such, it has strong appeal for the lower risk, passive investor,” the report says.

    Date Oct 2014

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  • Auckland retail market positive overall

    Auckland retail market positive overall

    JLL Research says improving retail fundamentals along with rising confidence for both retailers and consumers are starting to translate into overall positive movements within the Auckland retail market although rents and vacancy are yet to fully reflect this trend. The agency’s latest Pulse market report says investment yields for retail assets in Auckland continued to move downward during the first six months of 2014 as investor demand remained strong.

    Date Sep 2014

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  • Growing demand in Auckland’s Southern Corridor

    Growing demand in Auckland’s Southern Corridor

    Improving office occupier demand in Auckland’s Southern Corridor running from Newmarket to Ellerslie has driven vacancy levels lower and investors continue to show interest with yields moving lower, says JLL Research. The agency’s latest Pulse report on the Southern Corridor office market says strong interest for new build space in the area has driven further development.

    Date Sep 2014

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  • Auckland CBD office market moves in favour of landlords

    Auckland CBD office market moves in favour of landlords

    Auckland’s office market continues to shine as confidence remains high, says JLL’s latest Pulse market research report on the city’s CBD core and “frame” (surrounding) city areas. The report says robust economic fundamentals and strong trading conditions are filtering into the commercial property market with strong economic data and strengthening business confidence driving office leasing activity.

    Date Sep 2014

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  • Low CBD vacancy pushing occupiers further out

    Low CBD vacancy pushing occupiers further out

    Increased levels of activity and demand for quality in city fringe and suburban locations is putting upward pressure on both rents and yields, says JLL’s latest Pulse research report. “Occupiers have started to look further out of the Auckland CBD for accommodation as vacant space becomes insufficient for larger occupiers and rents rise,” the report says. “Several corporates have expressed interest for new office blocks within the city fringe precinct and stronger demand is expected in the future as office space becomes even more limited in the CBD market.”

    Date Sep 2014

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  • Wellington tenants hesitant about the future

    Wellington tenants hesitant about the future

    Occupier demand in the Wellington office market has resulted in vacancy levels falling but uncertainty surrounding seismic issues and government changes continue to hamper the market, says JLL Research in its latest Pulse report. “Despite this, there is investor interest in anticipation of market improvements,” the report says.

    Date Sep 2014

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  • More sales this year to more foreign buyers

    More sales this year to more foreign buyers

    In the first half of this year just over $2.5 billion worth of commercial property is expected to have transacted in New Zealand at an individual sale price above $2 million, says Chris Dibble, national research manager for Colliers International. “This far surpasses the first half of 2013 when there was an aggregate $1.5 billion of sales,” Dibble says.

    Date Sep 2014

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  • Upbeat report on busy Hawkes Bay commercial property market

    Upbeat report on busy Hawkes Bay commercial property market

    In Hawkes Bay good-quality property investments continue to be keenly-sought and prime property values are generally improved says a property market report compiled by Hawkes Bay based Turley & Co. “Hastings-Napier has seen significant city centres renewal 2011-14, which in the long-term very positive for Hawke’s Bay commercial property, plus major new industrial developments,” the report says.

    Date Sep 2014

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  • North Shore industrial vacancies at pre recession levels

    North Shore industrial vacancies at pre recession levels

    Strong leasing activity in the North Shore precinct has driven vacancy levels back to low levels last seen in 2006, says JLL’s latest Pulse report on the Industrial North. “This year has witnessed strong results for the industrial property sector with re-pricing for prime assets being driven by strong investor sentiment. Strong occupier demand has likewise driven vacancy to levels last seen before the recession,” the report states.

    Date Aug 2014

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  • Secondary property an option for tenants facing record prime shortage

    Secondary property an option for tenants facing record prime shortage

    Vacancy in secondary Auckland CBD office property remains elevated and presents a realistic choice for tenants that are willing to look further afield from premium rated properties says a market report by real estate consultancy JLL. “Prime vacancy has been reached its lowest point ever in the 26 year history of real estate consultancy JLL’s office vacancy survey,” the report states. Overall JLL says the Auckland CBD office vacancy is now at 7.9 per cent falling from 10.5 per cent a year earlier.

    Date Aug 2014

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  • Changing retail trends impact commercial property

    Changing retail trends impact commercial property

    Faced with the rise of internet shopping and huge city fringe shopping centres, independent neighbourhood retailers need to work harder than ever to secure consumer business, says John Church, newly appointed national commercial director of Bayleys Real Estate.

    Date Aug 2014

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  • Auckland CBD premium offices vacancies halved

    Auckland CBD premium offices vacancies halved

    The proportion of Auckland city’s premium or A Grade office space that is empty has more than halved during the first six months of this year.

    Date Aug 2014

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  • City fringe to host most new office development in next supply cycle

    City fringe to host most new office development in next supply cycle

    Ambitious property owners and developers, seeing increased occupier demand as the Auckland office market recover in line with the economic cycle, are looking to meet a growth in demand for office space with new supply both in the CBD as well as the city fringe, says JLL in a research White Paper.

    Date Aug 2014

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  • Retailers Offering Shoppers ‘An Experience’ Do Best

    Retailers Offering Shoppers ‘An Experience’ Do Best

    There are signs of improvement across the retail sector in the Auckland Region, says Bayleys Research in its latest Retail Report.

    Date Jul 2014

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  • New Zealand Property Index still showing good returns

    New Zealand Property Index still showing good returns

    The latest Property Council New Zealand/IPD New Zealand All Property Index showed a total return of 10.4 per cent for the year ending March 2014. This was comprised of 7.8 per cent income return and a positive 2.4 per cent capital growth.

    Date Jul 2014

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  • Confidence in Commercial Property Remains High

    Confidence in Commercial Property Remains High

    The results of the March 2014 quarter Commercial Property Investor Confidence Survey undertaken by Colliers International shows that overall confidence remained high in the first quarter of 2014 with a net positive 28 per cent - only slightly below the record high net positive 31 per cent reached in fourth quarter of last year.

    Date Jul 2014

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  • Sale of Office Buildings Still at Record Levels

    Sale of Office Buildings Still at Record Levels

    The total value of office properties sold for $2 million and over in New Zealand was $1.05 billion in 2013 report Colliers International Research.

    Date Jul 2014

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  • Investment Yields By Sector

    Investment Yields By Sector

    The chart below, entitled Investment Yields by Sector, which was created by Colliers International Research, shows that retail and industrial yields are matching the lows reached in 2006 and 2007.

    Date Jul 2014

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  • Industrial Properties Providing Consistent Returns

    Industrial Properties Providing Consistent Returns

    The results of the latest Investment Property Databank (IPD) index show that industrial property has continued to provide consistent returns over the last year, says Bayleys Research.

    Date Jul 2014

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  • Auckland Tops in Industrial Capital Returns

    Auckland Tops in Industrial Capital Returns

    Capital return in the industrial sector tends to be rather volatile, says Bayleys Research. Following the Global Financial Crisis (GFC), capital values fell for nine consecutive quarters from September 2008.

    Date Jul 2014

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  • Tenants Can Be Graded and Follow Offices

    Tenants Can Be Graded and Follow Offices

    A new retail report issued by Bayleys Research explains that tenants can be categorised by grades as well as retail premises themselves being graded - with the strength of the tenant covenant reflecting the tenant grading.

    Date Jul 2014

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  • Vacancies fall in leading industrial precincts

    Vacancies fall in leading industrial precincts

    A strong economic backdrop has seen business confidence surge over recent months and this in turn has impacted of the improved economic drivers on the industrial sector, reports Bayleys Research. The latest industrial vacancy survey by Bayleys Research shows vacancy within Auckland’s leading industrial precincts falling from 5.5 per cent to 3.8 per cent. The survey covers The Airport Corridor, Wiri, Penrose, Mount Wellington, Rosebank Road, East Tamaki and the Albany Basin.

    Date Jul 2014

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  • Colliers Predicts Lower Vacancies and Higher Rents

    Colliers Predicts Lower Vacancies and Higher Rents

    Colliers International Research is predicting a 5.4 per cent increases in prime city office rents during the next 12 months with vacancies continuing to drop due to lack of stock and increased demand.

    Date Jul 2014

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