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.
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.
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 – as well as help reduce harmful emissions.
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.