Browsing: Property Trends

Property Trends
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Digital planning tools are on the cusp of systematic adoption by councils and metropolitan planning agencies around the world looking to do away with long-standing inefficiencies through data-driven city planning That’s according to a new research report released the Australian Housing and Urban Research Institute (AHURI), blockchain technology has the potential to dramatically transform the built environment and the social and private housing markets over the coming decades. Continue →
Property Trends
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A booming tourism sector coupled with an extended period of hotel undersupply have resulted in some of the tightest market conditions experienced in Auckland’s CBD hotel sector, according to Bayley’s latest Marketbeat research newsletter Performance metrics are exceptionally strong and look set to stay this way especially as the central city plays host to a growing list of major international events over the next few years including the America’s Cup and the APEC summit, both in 2021. Continue →
Property Trends
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The sales of two central North Island hotels in recent weeks have highlighted the strength of New Zealand’s regional tourism economy amid the country’s ongoing tourism boom One of the largest hotels in Palmerston North, the Hotel Coachman, has recently sold to the Distinction Hotel Group, while the Skotel Alpine Resort in Tongariro National Park has also sold to a local investor. Continue →
Property Trends
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Prime office rents in Auckland’s CBD are expected to rise by up to 5% a year until more supply becomes available in 2020, according to new forecasts The latest Colliers Essentials reports offer snapshots of the CBD office markets in Auckland and Wellington. Continue →
Property Trends
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The impact of rail infrastructure developments to drive real estate investment and development is being dramatically demonstrated in Australia New South Wales is in the midst of an unprecedented period of infrastructure spending, with a nearly $90 billion pipeline accounting for a record 17.7% of total budget spending over the next four years. Continue →
Property Trends
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Green buildings aren’t just better for the environment and cheaper to run – there are also clear occupancy benefits for commercial property landlords and investors The Meridian Building in Wellington, one of the country’s first Green Star-accredited buildings – Jason Mann Photography Colliers International’s latest monthly research report has found green buildings in Auckland and Wellington have higher occupancy rates than office properties in general. Continue →
Property Trends
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The $23.3 million sale of a seven-storey commercial building on Auckland’s K’Road shows offshore investor appetite for CBD properties with solid fundamentals remains strong The sale of 75 Karangahape Road is the third substantial Auckland CBD transaction involving overseas buyers within the last month. Continue →
Property Trends
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Confidence in New Zealand’s residential property market is now higher than before last year’s election, with house price increases expected in every market surveyed Colliers International’s latest quarterly Residential Property Market Outlook Survey found overall sentiment in the residential property market has continued to track upwards this year, gaining 8 percentage points in the last quarter. Continue →
Property Trends
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A year-on-year price increase of $27,000 has seen New Zealand achieve a new record median house price of $562,000 – a 5.0% increase – according to the latest data from the Real Estate Institute of New Zealand (REINZ)   Median prices for New Zealand excluding Auckland increased by 5.8% annually to $455,000, up from $430,000. Continue →
Finance
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Foreign investment at the top end of New Zealand’s commercial property market has ramped up significantly in the last year, a new analysis has found iStock Colliers International’s Capital Markets team has analysed the last three years of commercial property transactions in New Zealand with a value of $50 million and over. Continue →
Property Trends
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The number of properties sold in April 2018 across New Zealand increased by 6.6% compared to the same time last year, according to the latest data from the Real Estate Institute of New Zealand (REINZ)   Some 6,368 houses were sold across the country in comparison to 5,973 in April 2017, marking the highest year-on-year increase in the real estate industry in 23 months. Continue →
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