Industrial Research Reports
Demand for industrial property is strongly supported as a result of the Golden Triangle housing the two busiest sea ports and Auckland’s airport which is the largest international gateway to New Zealand.
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.
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.
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.
Christchurch has cemented its position as the logistics and distribution hub of the South Island. A booming construction sector, new business formation and expansion has driven demand for additional industrial space.