| 3 December 2010 |
And So This Is Christmas... - December Monthly Research Report
And what have we done? What we’ve done is continue the slow – very slow – climb out of recession into growth, but in property market terms there are some key differences between the current, and previous, recoveries. Typically in the past, commercial property market cycles have followed similar cycles in the three main centres. 2010 could be remembered as the year when city cycles started going at different speeds, and one or two were seen to wobble.
Sales, Office Leasing, Retail, Industrial, Character Space, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (826 KB) |
| 5 November 2010 |
Promising Signs - November Monthly Research Report
New vacancy data for the metropolitan Auckland office markets this month show an encouraging trend. Just as economic decisions such as the setting of the Official Cash Rate have a lag time before they have any effect, so the impact of minimal new suburban office supply since 2008 is at last manifesting itself in reduced vacancy.
Sales, Office Leasing, Retail, Industrial, Character Space, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (588 KB) |
| 8 October 2010 |
Still Playing, Volume Down - October Monthly Research Report
The number and value of settled sales of commercial property over $2m for the year to September in the three main centres is around $1.5 billion, in over 200 transactions. While the market is clearly active, it is less than half the activity, whether measured by number or value of transactions, in the year to September 2007. From our knowledge of recent transactions we expect a strong finish to the year as these deals settle.
Sales, Office Leasing, Retail, Industrial, Character Space, Valuation and Advisory Services, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (1.3 MB) |
| 10 September 2010 |
Prime Time - September Monthly Research Report
This month we look at new industrial vacancy data for the Auckland and Wellington markets, and analyse the implications of the new IPD/PCNZ investment performance data. For the first time we have separated Auckland industrial into prime and secondary quality. The results show that it is the prime sector which is moving ahead.
Sales, Office Leasing, Retail, Industrial, Character Space, Valuation and Advisory Services, Corporate Solutions, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (708 KB) |
| 6 August 2010 |
Under Pressure - August Monthly Research Report
Weak retail spending hasn’t yet dampened retailers’ enthusiasm for shops in the well-established prime locations in Wellington CBD, where vacancies continue to trend down, in most precincts at least. Margins however continue to be squeezed and retail categories linked to the household sector are under particular pressure.
Sales, Office Leasing, Retail, Industrial, Character Space, Valuation and Advisory Services, Corporate Solutions, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (766 KB) |
| 9 July 2010 |
Magical Mystery Tour - July Monthly Research Report
This month we try to solve the mystery of why office vacancy is trending up but is currently going down, and how investors can feel things have got better for the last year but are going to get worse, all against a mysterious background of magically disappearing depreciation. More logically, we also find that Australian businesses share the same concerns as their New Zealand counterparts when it comes to building selection.
Sales, Office Leasing, Retail, Industrial, Valuation and Advisory Services, Corporate Solutions, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (144 KB) |
| 4 June 2010 |
Back in Black - June Monthly Research Report
The IPD/PCNZ index for the year to March 2010 is encouraging. All the main sectors have been recording negative overall returns for several quarters, as positive income returns were overwhelmed by falls in capital value. Download more for full detail.
Sales, Office Leasing, Retail, Industrial, Character Space, Valuation and Advisory Services, Corporate Solutions, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (828 KB) |
| 7 May 2010 |
Johnny B Goode
This year’s budget promises to be the most significant for commercial property for many years. While there are potential positives in terms of, for example, reduced personal tax, attention is now focused largely on the possible removal of building depreciation allowances. The tax working group note that if empirical evidence shows that buildings do not depreciate in value then removal of allowances should be considered. Our data suggests that buildings, or at least commercial buildings, do depreciate. Property owners will be hoping that the budget reflects this view.
Sales, Office Leasing, Retail, Industrial, Corporate Solutions, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (3.1 MB) |
| 9 April 2010 |
Before The Flood
As values stabilise, owners and their financiers may offer more troubled assets for sale. In addition, continued receiverships will trigger an increased volume of property for sale. Download the full report for more.
Sales, Office Leasing, Retail, Industrial, Valuation and Advisory Services, Corporate Solutions, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (1.0 MB) |
| 5 March 2010 |
Crushed by the Wheels of Industry
The industrial property market is still being seriously squeezed, with over 650,000 square metres of warehouse and factory space empty across Auckland, but there are signs that the pressure is easing. Download the full report for more.
Sales, Office Leasing, Retail, Industrial, Valuation and Advisory Services, Corporate Solutions, Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (894 KB) |
| 5 February 2010 |
Brand New Day
Welcome to our first report of 2010. From now on we are publishing in the first week of each month. We have a new year, but do we have a new look for 2010? Our new data may give some clues to the year ahead.
Research & Consultancy, Auckland Office, North Shore Office, South Auckland Office, Wellington Office, Christchurch Brokerage, Dhilan Balia, Alan McMahon |
view pdf (3.2 MB) |