Property trends stories
Better energy ratings are helping landlords cut costs while giving tenants healthier workplaces, higher productivity and longer leases.
A shortage of prime CBD space has pushed Auckland retail rents to record highs and kept conditions tight until new supply arrives.
A shortage of quality CBD rooms is set to ease as Auckland’s last remaining waterfront site is lined up for a 165-room luxury hotel.
Office tenants in Wellington are facing higher rents and shorter leases after the quake, as vacancies hit a decade low and quality options dwindle.
The upgrade is set to lift the Wellington tower's seismic rating to 88 per cent and put 7,000 square metres back on the market.
Buyer demand in Tauranga stayed strong as all five auctioned commercial properties sold for USD $10.9 million, with out-of-town interest lifting prices.
Christchurch investors are being offered a rare premium office asset with 92 per cent occupancy and annual net income of NZD $3.3 million.
Urban logistics is gaining value as e-commerce and same-day delivery intensify demand for scarce city-centre sites and push up rents.
Buyers could tap rental income from stables and arena use as a Northland horse-training site goes to auction later this month.
Travellers will get 250 more premium rooms as demand for airport accommodation drives a new Pullman hotel beside Auckland Airport’s terminal.
Childcare centre values are climbing as scarce sites and strong public funding fuel competition among investors in New Zealand, especially Auckland.
Tighter bank funding and rising borrowing costs could curb deals and pressure prices in New Zealand's commercial property market this year.
Vacancy in Wellington’s CBD has fallen below 8 per cent after the Kaikoura earthquake, leaving displaced tenants with few office options.
Potential buyers can secure a 73-acre Hawke’s Bay lodge with seven suites, a tourism brand and 1898 heritage, now for sale by negotiation.
Potential for apartments or offices could lift the value of Napier’s art deco landmark, which is going to auction after 105 years.
Major sales and leases in Christchurch's CBD last year signal scarce prime stock and growing confidence among investors and tenants.
The council will shape Sammy’s future with a two-year rent holiday after paying NZD $128,000 for the landmark venue.
Rising renter numbers are fuelling fears that fewer first-time buyers could reshape communities and dent the economy for years to come.
