New Zealand Research Report March 2019

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Vacancy rates well-below long-term average

Commercial and Industrial sales activity between 2015 and 2018 has lifted, driven by local as well as offshore investor activity

Retail spending continues to grow across the country, but the growth remains focused on certain retailing industries. Supermarket and grocery sales continue to dominate the total value of retail spending in New Zealand, and an additional 2% growth from the December 2017 quarter to the December 2018 quarter was experienced, extending the sector’s lead. 

Although 2018 sales data remains provisional and will likely receive a boost upwards from the current numbers once more settled sales are reported, it is apparent in the bottom chart that industrial sales remain the most highly traded of all of the sectors. 


New Zealand Research Report March 2019

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Chris Dibble

Director | Research & Communications

Auckland CBD

Chris Dibble oversees the delivery of award-winning research reports, PR and Communications for Colliers International New Zealand. With over 13 years of experience and university qualifications in economics, geography, marketing and property, Chris has a  multi-disciplinary approach that assists a broad range of clients in their strategic decision making. Chris is a regular presenter and market commentator with an extensive network of media contacts to discuss the latest insights on current and future property trends. Chris also works with in-house and external writers to curate an audience-focused content delivery strategy for Colliers.

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