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18 Dec 2020
2020 New Zealand Transactions Review
After a solid performance from the commercial and industrial property sector in 2019, projections for a repeat in 2020 to start the new decade strongly were becoming more ubiquitous. Fast forward to the 11th of March 2020, when the World Health Organisation officially announced the COVID-19 pandemic, and expectations were vastly different.
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15 Dec 2020
New Zealand Industrial 2020 Review and 2021 Forecast
While the COVID-19 pandemic has caused disruption across New Zealand, the impact on the industrial property sector has been mitigated by a number of factors. Many manufacturing companies were classified as essential services and therefore permitted to continue to trade, during level three lockdowns, while demand for services such as storage and distribution increased.
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4 Dec 2020
New Zealand Research Report December 2020
For the last monthly report of each year we provide our top predictions for the following year.
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26 Nov 2020
Colliers Essentials | Auckland Industrial Report | Second Half 2020
Market conditions eased slightly over the six months to September with vacancy rising to 2.1% from March’s record low of 1.4%. Prime grade vacancy held steady at 1.2% while the secondary grade sector saw vacancy increase from 1.6% to 2.5%. Given current high demand for industrial space it seems likely that vacancy is at, or close to, peak levels.
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