Commercial market insights

The rebalancing act


Total Property - Issue 3 2018

In the current market, there is a short window of opportunity for highly geared investors to rebalance their books and attract baby boomers who are looking for the best way to protect their wealth in their retirement, writes Bayleys National Director Commercial Ryan Johnson.


Why Iwi’s economic clout is growing


Total Property - Issue 3 2018

With $7.8 billion in assets, and growing, Iwi have become a significant force to be reckoned with in the commercial property market, writes Bayleys Te Whenua director Ward Kamo.


Why NZ can’t afford to ease up on hotel development


Total Property - Issue 3 2018

Two years after the Government warned of a shortfall in hotel accommodation, Bayleys Director of Hotels and Tourism Nick Thompson checks on the progress the industry has made.


Valuations key to navigating commercial property market


Total Property - Issue 3 2018

The shift in lending criteria by the major banks underscores the importance of valuations to commercial property transactions, write Bayleys Valuations Services directors Nick Thacker and Carl Waalkens.


The Uber effect: Food and beverage retail property’s big shake-up


Total Property - Issue 3 2018

Why food delivery apps are set to have a major influence on the property decisions of the food and beverage sector, writes Bayleys Head of Retail Chris Beasleigh.


Follow the money, follow the infrastructure


Total Property - Issue 2 2018

Investors seeking long-term growth would be well advised to learn from Australia’s example and follow the infrastructure trail, writes Ryan Johnson, Bayleys National Director Commercial and Industrial


Get a room: Why investors need to check in to NZ’s motel sector


Total Property - Issue 2 2018

For commercial property investors looking to reap the benefits of the tourism boom, motels are a cost-effective point of entry.


Let’s get regional


Total Property - Issue 2 2018

How the commercial property sector can benefit from the Government’s plan to kickstart economic activity in regional New Zealand.


Vacant possession units: The new one to watch


Total Property - Issue 2 2018

Why vacant possession units are the rising stars of the commercial property market, writes Scott Campbell, Bayleys National Director Industrial and Logistics.


Vertical warehouse take industrial sector to a new level


Total Property - Issue 2 2018

Unprecedented demand for industrial property is forcing the sector to come up with creative solutions.


Talking shop


Total Property - Issue 1 2018

The dramatic shifts in consumer habits, fuelled by globalisation and the rise of online shopping giants such as Amazon, has presented fundamental challenges for the retail sector.


How strip retail can beat back Amazon


Total Property - Issue 1 2018

New Zealand shopping strips in prime locations with plenty of dining and entertainment options will survive the online giant’s arrival.


The ‚ÄėGolden Triangle‚Äô stretches north


Total Property - Issue 1 2018

With the Government committed to revitalising the regions, now is the time for investors to turn their attention to Northland


Why you should be hunting for big box real estate


Total Property - Issue 1 2018

Big box retail continues to excite shoppers and commercial property investors. Now is the time to think big.


How auctions can help you anticipate changes in the market


Total Property - Issue 1 2018

In a changing environment, auctions are an important barometer of where the market is heading. Total Property gets the view from the rostrum.


What lies ahead


Total Property - Issue 8 2017

Will the policies of our new labour-led government slow the momentum of a commercial property market that's has another strong year?


Top commercial property predictions for 2018


Total Property - Issue 8 2017

Where New Zealand’s commercial and industrial property market is heading next year, and where the best opportunities lie.


The global property market’s impact on New Zealand


Total Property - Issue 8 2017

Total Property charts the state of key commercial property markets around the world - and examines their impact on New Zealand.


Asbestos


Total Property - Issue 8 2017

New health and safety regulations governing asbestos could become the commercial property industry’s next big challenge, write Tim Clarke and Jane Holland.


The rise of the mortgage adviser


Total Property - Issue 8 2017

First-time commercial property buyers will increasingly need help on how to structure loans as rules and regulations for borrowing become more complicated, writes Owen Vaughan.


The Amazon effect: Why your next store could be a warehouse


Total Property - Issue 8 2017

The arrival of the online retail giant in the region is set to trigger a new industrial revolution, writes Owen Vaughan.


Markets engine room fires up


Total Property - Issue 7 2017

Industrial property, traditionally regarded as a steady investment asset, is now a star performer.


The IT crowd


Total Property - Issue 7 2017

The competition to house data is heating up, and New Zealand has the potential to become a world-class data storage hub for the Asia-Pacific region.


Commercial property’s unsung hero


Total Property - Issue 7 2017

The public sector is one of commercial real estate’s unsung heroes. You might not know it, but it is driving the development of some world-class commercial projects.


Industrial strength


Total Property - Issue 7 2017

New Zealand's industrial property market is surging ahead, with demand outpacing supply in key centres.


Do your homework


Total Property - Issue 7 2017

The acquisition of commercial property requires intensive due diligence to uncover key information.


Game on


Total Property - Issue 7 2017

It’s the billion-dollar industry where property needs can change from a garage to an office suite in just a few short weeks.


The election effect


Total Property - Issue 6 2017

Do elections have much of an effect on our commercial property market?


The mall is dead. Long live the mall.


Total Property - Issue 6 2017

Malls are in decline around the world, but could they be reborn as thriving town centres? Total Property looks at how New Zealand’s commercial property sector is bringing new life to the country’s shopping centres and retail parks.


A vote for property?


Total Property - Issue 6 2017

The insights that will help you plan your commercial property strategy ahead of next month’s general election.


The future of real estate


Total Property - Issue 6 2017

Smart buildings, asset class disruptors and Facebook as a mortgage broker … Total Property examines the future of commercial property.


Taxing matters


Total Property - Issue 6 2017

Tax can be a complicated subject. Tax related to commercial property even more so. But claiming the correct level of tax depreciation on assets has become an essential tool for the viable economic future of any business, writes John Freeman.


Lights, camera … real estate action


Total Property - Issue 6 2017

Can New Zealand's movie-going habit be saved? Cinemas are luring a new generation of movie-goers with upgraded screens, seats and snacks. Total Property looks at what that means for their property footprint.


Our no.1 industry


Total Property - Issue 5 2017

Property is a trillion dollar industry that makes a big contribution to New Zealand’s prosperity.


Electric dreams


Total Property - Issue 5 2017

Digital billboards are lighting up New Zealand‚Äôs cities ‚Äď and adding value to commercial real estate assets.


Zero waste is commercial property sector’s next big challenge


Total Property - Issue 5 2017

The ‚Äúzero waste‚ÄĚ movement is on the rise, but is it one New Zealand‚Äôs commercial property sector can get on board?


Alternative investments


Total Property - Issue 5 2017

Investor strategies need to reflect the way in which the world is transforming, and with a realisation that the ‚Äúalternatives‚ÄĚ asset class is intrinsically linked to social and demographic trends, this is affording investors a rich opportunity and making the case to expand into the sector more and more compelling, according to research by global property analysts Cushman and Wakefield.


Shake up


Total Property - Issue 5 2017

New Zealand’s commercial property sector needs to prepare itself for new legislation governing earthquake-prone buildings, writes Peter Liu, director of structural engineering firm EQ Struc Group.


Fast food can be good for you


Total Property - Issue 5 2017

It’s the commercial property industry’s version of a value deal.


Auckland's growing pains


Total Property - Issue 4 2017

Auckland is facing a range infrastructure challenges as it gets to grips with a surging city.


Ticket to ride


Total Property - Issue 4 2017

Property developers, retailers and town planners seek to unlock the commercial power of transport hubs.


New sensations


Total Property - Issue 4 2017

Six years on from the earthquake that turned much of central Christchurch into rubble, the city is nearing the end point of its recovery.


Rise of the Instagram office


Total Property - Issue 4 2017

Over the next 5 years millennials will be the fastest growing age demographic in New Zealand, contributing about 70,000 people to Auckland’s workforce. Their ascendancy will have a huge impact on the way companies approach office layout.


What’s it worth to you


Total Property - Issue 4 2017

Specialists in commercial property valuation play an important role in the purchase and financing of investment property.


Sitting pretty


Total Property - Issue 4 2017

The 'selfie' generation is demand for bricks and mortar.


Growing greener


Total Property - Issue 3 2017

An important part of staying ahead in the competitive business of selling and leasing commercial property is being aware of and reacting to shifting trends and influences at play in the market.


Staying power


Total Property - Issue 3 2017

Tourism is New Zealand’s number one industry. Visitors are arriving in record numbers and spending big money.


Behind the green door


Total Property - Issue 3 2017

There’s no question they save water, energy, waste and emissions, but proving green buildings also save money is challenging.


What occupiers want


Total Property - Issue 3 2017

Executives charged with making corporate real estate decisions are focused on strategies to attract and retain staff and help enhance their productivity.


Get in on the Act


Total Property - Issue 3 2017

Few pieces of legislation in New Zealand have been subjected to the level of sustained criticism directed at the Resource Management Act. Now in its 26th year on the statute books, the act has been frequently identified as an impediment to the efficient operation of business in New Zealand.


Hot shots


Total Property - Issue 3 2017

New Zealand has one of the most competitive coffee markets in the world and, with more than 200 roasters grinding daily, their commercial property estate needs are an opportunity for savvy investors, landlords and sellers.


Hammer time


Total Property - Issue 2 2017

Auctions will continue to play a pivotal role in establishing values as the commercial and industrial property sector faces likely changes in the market.


Market Pulse


Total Property - Issue 2 2017

Total Property asks the major players, the economic experts and the country’s leading political and business figures how they see the market performing over the next 12 months.


Auckland's Space Race


Total Property - Issue 2 2017

The vacancy rate in Auckland’s office market has fallen to historic lows but developers are not standing still


Money Matters


Total Property - Issue 2 2017

How to maximise your chances of getting credit for your commercial property purchase - and avoid the common mistakes that can hold up funding approval, writes Alistair Law.


Let's get physical


Total Property - Issue 2 2017

The fitness industry in New Zealand is pumped, and giving the real estate market a work-out. Total Property looks at how new exercise trends are affecting property needs.


Outlook 2017


Total Property - Issue 1 2017

2017 will be a year of opportunities and some challenges for commercial and industrial property investors, says John Church, Bayleys’ national director commercial and industrial.


Childcare centres


Total Property - Issue 1 2017

Early childhood education is big business in New Zealand and right now it’s a seller’s market as developers and investors seek to capitalise on the surge in demand for places at childcare centres.


Bricks and mortar


Total Property - Issue 1 2017

Kiwi retailers need to invest in both ‚Äúbrick and clicks‚ÄĚ if they are to compete against the wave international players setting up shop in New Zealand.


Construction concerns


Total Property - Issue 1 2017

A shortage of skilled labour, the rising cost of building materials and access to funding are fuelling concerns within the construction industry that it doesn’t have the capacity to meet demand for new building work.


How to demolish a building


Total Property - Issue 1 2017

It is one of New Zealand’s biggest building projects in recent years and it turned downtown Auckland into a giant demolition site, as wrecking crews erased 15,000m2 of retail space in less than six months.


Church afterlife


Total Property - Issue 1 2017

The commercial property sector is providing New Zealand’s failing churches with an afterlife - as developers seek to convert them into bars and restaurants.


A record year


Total Property - Issue 7 2016

A record year


World in motion: The 2017 global forecast


Total Property - Issue 7 2016

Global uncertainty - from war and banking scandals to Brexit and the rise of the populist right - will continue to affect investors in 2017 but demand for good quality real estate will remain high.


What New Zealand’s commercial property sector should expect in 2017


Total Property - Issue 7 2016

New Zealand’s continued economic strength, underpinned by political stability and increased business confidence, will bolster the country’s commercial and industrial property market in 2017.


Wellington’s commercial property sector


Total Property - Issue 7 2016

Wellington’s commercial property sector has got its mojo back, with the capital looking ahead to more than 55,000m2 of new and refurbished office space.


Syndications: Legal expert Alistair Law on what you need to know


Total Property - Issue 7 2016

There have been a number of changes to the regulation of property syndications that have taken effect this year. As a large number of first-time investors are taking part in property syndications, it is important that they understand the unique features of these products.


What ever happened to New Zealand’s great rock venues?


Total Property - Issue 7 2016

Total Property remember some of the New Zealand’s most famous music spots and the great moments in rock and pop history that defined both them and a generation of music fans…


Auckland's big bold plan


Total Property - Issue 6 2016

Auckland’s big bold plan


Chasing China’s silver dollar


Total Property - Issue 6 2016

The boom in luxury retirement villages in New Zealand has changed attitudes to ageing and age care, but operators are missing out on a huge untapped market.


Auckland’s Mayoral election: A tale of six cities


Total Property - Issue 6 2016

The upcoming mayoral election will influence Auckland’s future, not just for the next three years but for the next decade. Total Property has invited six of the candidates to set out their vision for the city’s commercial and industrial property sectors.


Dizzying heights


Total Property - Issue 6 2016

In Queenstown, the tourism boom has made the commercial property sector a rich adventure. the accommodation sector is witnessing significant expansion, and demand for office and retail space is strong.


Law & Order: Why due diligence matters


Total Property - Issue 6 2016

‚ÄėLegal due diligence‚Äô are the three words commercial property investors should keep at the forefront of their minds, writes Alistair Law.


The game changer


Total Property - Issue 6 2016

The technology driving gaming phenomenon Pokémon GO has the power to revolutionise the commercial property industry, allowing potential buyers to walk through buildings that are yet to be completed or undertake due diligence on their smartphone.


Market motors on


Total Property - Issue 5 2016

Market Motors on


LAND HERE. Take off


Total Property - Issue 5 2016

Air travel is the thread that stitches the modern world together, and the boom in NZ has made airport real estate the place to be. Total Property looks at the ripple effect of the global aviation bonanza.


Needed: Another brick in the wall


Total Property - Issue 5 2016

Pressure on schools has never been greater as rapid urban intensification and rising migration push student rolls up and leave principals desperate for extra classrooms. Does the answer lie in the commercial space?


Park to the Future


Total Property - Issue 5 2016

Commercial developers and landlords who plug themselves into the electric car market now will gain a definite financial advantage over those late to the game ‚Äď as well as help reduce harmful emissions.


Brex and the city… Should you be worried?


Total Property - Issue 5 2016

Commercial property funds in the UK have stopped investors withdrawing their money in the wake of the Brexit vote. The markets are jittery about the prospect of a crash in one of the world's biggest real estate markets.


Now you see them, now you don’t


Total Property - Issue 5 2016

The pop-up revolution offers commercial landlords a life-line as online shopping lays waste to high-street retailers.


The Auckland growth story continues


Total Property - Issue 4 2016

The Auckland Growth Story Continues


Auckland's construction boom


Total Property - Issue 4 2016

Unprecedented levels of growth in building and construction are now taking place in New Zealand, with Auckland firmly in the lead.


Commercial Property’s ethnic melting pot


Total Property - Issue 4 2016

Auckland City is fourth in the world in relation to the ratio of its foreign-born population which is made up of 220 ethnic groups.


Preparing a business for sale


Total Property - Issue 4 2016

The value of a business can be enhanced through several easy steps.


Cutting their teeth in the property market


Total Property - Issue 4 2016

Once relegated to the outer fringes of cities and farmland areas far away from neighbours, commercial pet care facilities have moved into urban areas and are a growing business phenomenon.


How low can they go?


Total Property - Issue 3 2016

How low can they go?


What the doctor ordered


Total Property - Issue 3 2016

New Zealand’s health sector property market remains strong with numerous purpose-built developments underway and larger-scale acquisitions being finalised.


Putting the why back into Waikato


Total Property - Issue 3 2016

Hamilton has long been painted as less sexy than the perceived more cosmopolitan centres of Auckland, Wellington and Christchurch.


Global Trends


Total Property - Issue 3 2016

PwC’s Emerging Trends in Real Estate for North America is based on extensive research among the commercial and industrial property sectors.


Good NABERS


Total Property - Issue 3 2016

The National Australian-Built Environment Rating System New Zealand (NABERSNZ) is a low-cost tool that rates the energy performance of commercial office buildings by giving one to six stars.


Good things come in small packages


Total Property - Issue 3 2016

Bigger is not always best when it comes to retail. In New Zealand, innovative business owners are opting for functional premises which give them a novel edge.


Power to the provinces


Total Property - Issue 2 2016

Power to the provinces


High Spec‚Äô City ‚Äď the rousing rebirth of Christchurch


Total Property - Issue 2 2016

Five years on from the gruelling earthquakes that shook the city to its core, Christchurch is emerging from the rubble as a low-rise glass and steel city ‚Äď a world-class metropolis for its time.


Space Savers


Total Property - Issue 2 2016

In the self-storage sector, the ‚Äúfour Ds‚ÄĚ are widely touted as driving demand: Death, Divorce, Density (with smaller homes requiring less storage space) and Dislocation (like a job transfer and moving in with a partner).


All roads lead to growth


Total Property - Issue 2 2016

Major roadworks throughout New Zealand are aimed at facilitating economic growth so Total Property checked with the NZ Transport Agency (NZTA) to get an update on Roads of National Significance (RoNs) across the country.


OIO


Total Property - Issue 2 2016

For a prospective investor, it’s important to consider New Zealand’s foreign investment regime as some acquisitions may require Overseas Investment Office (OIO) approval.


Up on the roof


Total Property - Issue 2 2016

Roofs on new commercial buildings in France must be partially covered in plants or solar panels but New Zealand is a bit behind the eight ball when it comes to these ‚Äėliving roofs.‚Äô However, encouraging signs are emerging.


Another vintage year ahead for commercial property


Total Property - Issue 1 2016

Another vintage year ahead for commercial property


Trolley Trends


Total Property - Issue 1 2016

Forward planning by supermarket giants for their space needs is akin to keeping the property pantry well stocked ‚Äď with plenty in reserve.


Lane Gains


Total Property - Issue 1 2016

Urban designers from Melbourne have been knocking on Auckland Council’s door to gain insight into the shared spaces and laneways being created within Auckland city.


Health & Safety at Work


Total Property - Issue 1 2016

The Health and Safety at Work Act 2015 (HSWA) represents the most significant reform to New Zealand workplace health and safety systems in 20 years.


Cheers to New Zealand’s beer success


Total Property - Issue 1 2016

Craft beer is this country’s fastest growing category of beer according to an ANZ research report that says the number of New Zealand craft beer brewers has doubled in the last five years.