We are pleased to share with you our latest industrial research and forecast report H2 2017.
Our report examines the key trends, both current and projected, influencing the industrial markets across Australia and New Zealand. Relative to the New Zealand market we find:
- The industrial market has powered on throughout 2017, with continued upward momentum in all centres. It comes as no surprise that record low yields, high rental growth, and strong capital appreciation have been the outcomes.
- Investor confidence remains strongly positive with the industrial sector continuing to hold higher net positive confidence than both the office and retail sectors nationally.
- However, increasing land values and construction costs will moderate the amount of new industrial development over the short to medium term in some centres.
We hope you enjoy reading our report.