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. 


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New Zealand Research Report March 2019

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Chris Dibble

National Director | Colliers Partnerships, Research & Communications

Auckland CBD

My Colliers Partnership priorities focus on support initiatives that drive collaboration, best practice learning, cost efficiencies and growth opportunities across the wider Colliers International New Zealand franchise network. I also oversee the collaboration and delivery of award-winning research reports and communications for Colliers. With over 13 years of experience and university qualifications in economics, geography, marketing and property. I have a multi-disciplinary approach that assists a broad range of clients and internal stakeholders. I am a regular presenter and market commentator, often discussing the latest insights on current and future property trends. I also work with in-house and external writers to curate an audience-focused content delivery strategy for Colliers.

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