Tag: New Zealand



Auckland Commercial Property Market provides Better Yields than Resi investment

Posted on 16 May, 2015 by Jodee Redmond under Worldwide Property News

Residential property prices have increased to such a degree in Auckland that the commercial property market has become an attractive alternative for small investors in New Zealand. Recent sales results reported from commercial real estate agency... Read More

German Fund wins Bidding War for Landmark Auckland Tower

Posted on 24 August, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

A German investment fund has paid £74m for Auckland's landmark Lumley Centre office block in what is claimed to be New Zealand’s biggest commercial deal for more than six years. One of only five premium office towers in the North Island city, the... Read More

Chinese Interest in New Zealand Market Grows

Posted on 27 July, 2014 by Jodee Redmond under Worldwide Property News

Chinese interest in the New Zealand property market been described as “unprecedented”by a real estate agency. Ray White Real Estate’s commercial arm says that over the past 12 months, over 50 per cent of its Auckland business has been generated... Read More

Strong New Zealand investor demand drives yields below 5 per cent in Queenstown

Posted on 13 July, 2014 by Jodee Redmond under Worldwide Property News

Bayleys Research says that a healthy level of investor interest in New Zealand has pushed commercial property yields below the 5% mark in Queenstown. The latest report on the district's property market notes that the CBD in general is sought after, but... Read More

Auckland Supply and Demand “Relatively well Matched”

Posted on 25 May, 2014 by Jodee Redmond under Worldwide Property News

According to new research conducted by JLL, Auckland commercial property is expected to keep pace with demand. The current development pipeline is said to be "relatively well-matched" to the current demand profile which is forecast for the next 10... Read More

New Zealand Commercial Property Yields Among Most Attractive in the World

Posted on 19 September, 2013 by Jodee Redmond under Worldwide Property News

The head of global research at CBRE says that the yields from New Zealand commercial property are among the highest on the planet. Nick Axford said recently that Auckland office buildings are 7.73 per cent, while Tokyo are approximately 3.5 per cent. Hong... Read More

New Zealand Commercial Property Market Reaches Highest Level in Five Years

Posted on 20 August, 2013 by Jodee Redmond under Worldwide Property News

The commercial property market in New Zealand is showing positive signs, as sentiment is running high and the market has pulled away from Australia, according to the latest regional report released by the Royal Institution of Chartered Surveyors... Read More

New Zealand Investors Upbeat about Auckland

Posted on 21 January, 2013 by Jodee Redmond under Worldwide Property News

The results of Colliers International's fourth quarter 2012 commercial property investor confidence survey are in and they show that Auckland retail investors feel most positive about the market. The survey asked participants to share their views about... Read More

New Zealand Convention Centre Takes Shape

Posted on 8 December, 2012 by Jodee Redmond under Worldwide Property News

The New Zealand government has confirmed that it has completed a deal for the first three properties it plans to complete by early 2013. Warwick Isaacs, the Director of Christchurch Central Development Unit (CCDU) has confirmed the Crown has signed... Read More

No Such Thing as Bad Publicity for New Zealand’s Rugby World Cup

Posted on 19 October, 2011 by MOVEHUT under Industry News

The Rugby World Cup Final takes place on Sunday 23rd October at Eden Park (New Zealand’s largest rugby commercial property), after six weeks of gruelling matches between 20 nations.... Read More