March 26 2010
Colliers International’s latest quarterly commercial property confidence survey shows that overall confidence levels have dropped since the most recent survey in December, particularly in the main centres.
Colliers International announces that property management business H G Livingstone Ltd will be rebranded to trade under the name Colliers International Property Management as of Wednesday 31st March 2010.
March 17 2010
Our last Auckland Metropolitan office report a year ago was headlined ‘Brakes Applied to Metro Market’. Since then the engine has been shifted to neutral and is barely turning over. Almost all proposed developments have been postponed or cancelled. Vacancy overall at 11.2% is a modest 0.6% up from six months ago, very similar to the CBD’s vacancy of 11.5%.
March 8 2010
OWNERS of the Farmers department store chain have paid $33 million to buy the landmark block that its Lambton Quay Farmers store operates from.
March 5 2010
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.
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