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Property Market Stories - Page 26

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Auckland apartment market has only a year’s supply
NZD

Auckland apartment market has only a year’s supply

Auckland buyers face a tightening apartment market as just 12 months of supply remain, while average prices climb 12 per cent to NZD $1.12 million.

By Staff Writer • 3 min read • Tue, 12th Sep 2017
Precinct Properties upbeat on development prospects
NZX

Precinct Properties upbeat on development prospects

Higher occupancy and stronger valuations lifted Precinct Properties’ annual profit as limited office supply kept demand for city centre space firm.

By Staff Writer • 2 min read • Tue, 5th Sep 2017
Hotel development surge requires caution
Construction

Hotel development surge requires caution

New hotel rooms could squeeze occupancy and rates if development outpaces demand in New Zealand’s tourism markets.

By Staff Writer • 3 min read • Thu, 31st Aug 2017
Office construction offers business relief
Property Market

Office construction offers business relief

More office options are easing pressure on businesses in Auckland and Wellington as new projects lift vacancy from near-record lows.

By Staff Writer • 5 min read • Tue, 29th Aug 2017
Global flexible workspace market booming
Customer Experience

Global flexible workspace market booming

Demand for desks is pushing average rates up in London and the US, as flexible workspace expands at double-digit pace worldwide.

By Staff Writer • 4 min read • Mon, 28th Aug 2017
REINZ calls for LVR review as number of sales falls
Bank of New Zealand

REINZ calls for LVR review as number of sales falls

House sales have slumped by nearly a quarter nationwide, prompting REINZ to urge a review of lending curbs for first-time buyers.

By Staff Writer • 5 min read • Mon, 14th Aug 2017
Industrialised building system creating ambitious city
Construction

Industrialised building system creating ambitious city

The factory could ease housing shortages by speeding up and cheapening construction, with excess capacity set to serve Southeast Asia.

By Staff Writer • 2 min read • Thu, 10th Aug 2017
Auckland’s office space crunch easing
Property Market

Auckland’s office space crunch easing

Vacancy in Auckland’s CBD rose to 3.6 per cent in June, giving businesses seeking prime offices some relief after years of scarcity.

By Staff Writer • 2 min read • Wed, 9th Aug 2017
Ray of light for New Zealand’s housing crisis
Network Infrastructure

Ray of light for New Zealand’s housing crisis

A crown-backed fund could unlock housing developments by easing councils’ debt constraints and paying for roads, water and sewerage.

By Staff Writer • 2 min read • Mon, 24th Jul 2017
Export-led property boom for Hawke’s Bay
Xero

Export-led property boom for Hawke’s Bay

Record export growth has fuelled multi-million-dollar development and sales across Hawke’s Bay, with a planned GBP £0 new berthing facility at Napier Port.

By Staff Writer • 3 min read • Thu, 20th Jul 2017
Early childhood centres offer investment opportunities
Ministry of Education

Early childhood centres offer investment opportunities

Smaller investors are finding childcare centres attractive as Auckland’s expanding sector keeps occupancy above 80 per cent and demand strong.

By Staff Writer • 4 min read • Wed, 19th Jul 2017
Auckland price growth slowing but regions continue strong
Property Market

Auckland price growth slowing but regions continue strong

Auckland's housing slowdown is widening the gap with the regions, where annual price growth remains in double digits and sales are still firm.

By Staff Writer • 5 min read • Thu, 13th Jul 2017
New Zealand homes gradually going green
Auckland Council

New Zealand homes gradually going green

More homebuyers are seeking healthier, more efficient houses, with Homestar registrations rising tenfold in three years to 6,700.

By Staff Writer • 2 min read • Thu, 29th Jun 2017
Investor confidence in industrial property market rises
Property Market

Investor confidence in industrial property market rises

Tighter vacancies and buoyant Auckland demand have lifted sentiment for warehouses even as office and retail confidence weakened nationwide.

By Staff Writer • 2 min read • Fri, 23rd Jun 2017
World-class industrial facility wins Supreme Award
Productivity

World-class industrial facility wins Supreme Award

The 55,000-square-metre Mangere plant’s efficient layout helped secure New Zealand’s top property honour at a gala in Auckland.

By Staff Writer • 3 min read • Mon, 19th Jun 2017
Record low vacancies in Auckland CBD office market
Property Market

Record low vacancies in Auckland CBD office market

Businesses are finding it harder to secure quality central-city space as Auckland’s CBD vacancy rate hits a record low and rents rise.

By Staff Writer • 3 min read • Tue, 13th Jun 2017
Commercial property returns reflect overseas trends
eCommerce

Commercial property returns reflect overseas trends

New Zealand’s office and retail markets are cooling, though returns remain above the 10-year average as overseas yields narrow.

By Staff Writer • 3 min read • Thu, 8th Jun 2017
Regional hotel sales signal rising demand
NZD

Regional hotel sales signal rising demand

Investors are snapping up regional accommodation as New Zealand’s tourism boom pushes enquiry and sales to record levels.

By Staff Writer • 2 min read • Wed, 24th May 2017