Industrial Research Reports
The 2019 Auckland industrial property research report highlights further downward pressure on vacancy resulting in rising rents and an increased development response. High levels of investment demand has led to further yield compression.
A further sharp tightening of Wellingtons industrial property vacancies is expected to drive a new wave of supply over coming months. Much of this supply will emerge in new precincts linked to major road infrastructure projects.
Sentiment surrounding the Auckland region’s industrial sector remains positive, with vacancy rates holding at historically low levels placing upward pressure on both rental and capital values.
A review of the latest trends within Auckland’s industrial property market including vacancy rates and commentary on emerging precincts.
Heightened leasing activity, partly driven by the impact of recent earthquakes has seen vacancy rates falling to multi year lows. The distribution sector is being strongly supported by major roading infrastructure projects.