Autonomous vehicles will change the way commercial properties are designed, the facilities they offer, and where they are located, an occupier services expert says. Continue →

A “surging” Hawke’s Bay’s economy is reflected by widespread commercial-industrial development activity, says Turley & Co’s latest Property Market Report for Hawke’s Bay. Continue →

The rapidly changing early childhood education sector is bringing new opportunities for commercial property investors, a sector specialist says. Continue →

Expanding Swedish fashion retailer H&M (H&M Hennes & Mauritz AB) will open its first Wellington store at the Queensgate shopping centre in Lower Hutt this year. Continue →

Freight and logistics company NZL Group is moving from Mt Maunganui to a $20 million purpose-built facility at the Tauriko Business Estate. Continue →

New Zealand’s property market is showing all the signs of being a two-tier system. Continue →

The WestCity shopping centre in Henderson, Auckland, is being rebranded as WestCity Waitakere under new ownership and management. Continue →

The 17-storey Crowne Plaza Christchurch opening marks a milestone for the revitalised city. Continue →

Investor confidence in New Zealand’s industrial property market has increased across all the main centres, while sentiment in the office, retail and residential market has dipped Colliers International’s latest quarterly survey results reveal confidence in the overall commercial property market has dipped slightly to 22 per cent, down from 24 per cent the previous quarter. Continue →

A new industrial manufacturing facility has won the Supreme Award in the Property Council New Zealand Rider Levett Bucknall Property Industry Awards 2017 The Sistema manufacturing facility received the Rider Levett Bucknall Supreme Award, after being awarded the ‘Best in Category’ for the Yardi – Industrial Property Award at the annual black-tie gala dinner at Spark Arena in Auckland on 16 June. Continue →

Auckland Transport’s new bus routes will offer far greater convenience and travel options to the city’s retail centres according to an industry expert “The focus on frequent bus services to and from the major hubs is good news for Auckland’s retail centres,” says Campbell Barbour, chair of the New Zealand Council of Shopping Centres (NZCSC). Continue →

  Strong growth in Auckland’s metropolitan office market has been boosted by record low vacancy rates in the CBD, the latest Colliers International report has found The annual Auckland Metropolitan Office Research Report shows only 6.3 per cent of office space outside the CBD is vacant – well below the 10-year average of 8.2 per cent. Continue →

MBIE, working with the Ministry for the Environment (MfE), has released a set of new tools to help high- and medium-growth councils to better understand their local development markets for housing and business space Property Council member Patrick Fontein, and Auckland Branch President Phil Eaton, have been working with MBIE and MfE to ensure the tools available to councils provide realistic assessments of development ready land for housing and commercial development. Continue →

The Western Precinct of Titanium Park has secured a major new occupier, with international packaging and recycling business Visy confirming it is investing $100 million into the project Visy is building a three-hectare facility – reputedly the second-largest covered building in the Waikato – on an 8.5 hectare site within the industrial precinct. Continue →

New Zealand’s commercial property sector is continuing its strong run but is stabilising in line with international trends, recent research indicates   The latest IPD results from MSCI highlight the stabilisation of the global commercial property market, particularly for office and retail. Continue →

Beca has moved back into Christchurch’s CBD after a six-year hiatus in temporary offices following the Canterbury earthquakes Beca’s team of 320 is based in the new ANZ Centre, which utilises the latest in technology and base isolation. Continue →