The future of Canterbury’s dynamic commercial and industrial property market will be the hot topic at the next Bayleys@5 event on 18 May.
Presented by Ian Little, head of the Bayleys Research team, the event will highlight some of the major changes investors, developers and property owners can expect to see in the next 18 – 24 months.
Ian will discuss the international influences and domestic economic drivers affecting the New Zealand property market; describe the factors currently influencing the Canterbury industrial and commercial sector; and make a prognosis for the short-term future of Christchurch.
“Christchurch is a very different market from anywhere else in the country. There are a lot of commercial buildings going up which is great for the rebirth of the city, particularly the CBD. But it’s important to look at how things like vacancy rates and rents might be affected in this current climate.”
Ian Little is the latest speaker in the Bayleys@5 2017 series, following Christchurch mortgage and financial expert Tony Mounce and property developer Richard Peebles. Ian sees Richard Peebles’ Farmers’ Market and McKenzie and Willis restoration project as great examples of the future of Christchurch commercial property.
“There’s a real focus on creating multi-functional spaces that nurture the community. It’s a really exciting time for Christchurch right now, and the next couple of years will see even more growth.”
Justin Haley, Bayleys Canterbury Commercial Sales Manager, says that this is a rare opportunity to gain knowledge from the Bayleys Research team, which has been “a huge part of the success of the company nationwide.”
“Their unbeatable combination of market expertise down to the local level and practical understanding of property enables us to provide the timeliest, highest-quality information and analysis to help our clients optimise their real estate decisions.”
Bayleys@5 with Ian Little is on 18 May at 3 Deans Ave, Riccarton. Drinks and nibbles will be from 5pm, with the main event starting at 5.30pm. Visit the Bayleys@5 page to reserve your seat or call 03 375 4700.