A third of New Zealand businesses are acting in response to climate change ahead of emissions reporting rules taking effect, according to Stats NZ.
The Rise and Rise of Industrial
29-Apr-2022 09:00:00
Mark Davidson
Registered Valuer
Opteon Solutions
For some time now, industrial property has been the darling of the three commercial property sectors, with office and retail falling behind in preference. In the last decade, industrial yields have dropped from circa 7%–9%, down to 3.5%–4.5% with prime assets being in the low 3.00% range. Industrial rental levels have shown very strong growth in the last 12-months after a number of years of subdued increases. These factors combined have provided unheralded value gain in recent times.
Recent economic conditions providing low interest rates and an economy awash with liquidity are proving to be a boon for most asset classes, from equities to art to cryptocurrencies and, of course, real estate. So why is industrial the standout performer? Let’s take a look at some of the driving factors.
Commercial Green Buildings Highlighted
21-Oct-2021 15:15:00
The role of sustainable buildings in the campaign against climate change has just been highlighted by a World Green Building Week that has campaigned the importance of ‘green buildings’ to humans and economies.
Calls for Commercial Building Owners to have clarity over Earthquake Strengthening
21-Oct-2021 10:48:37
Confusion amongst commercial building owners unsure about complicated earthquake rules may lead to inaccurate parts of buildings being strengthened or owners paying twice to ensure floors are safe, according to new research released by the Ministry of Business, Innovation and Employment.
NAI HARCOURTS’ PARENT NAMED IN TOP FIVE GLOBAL BRANDS BY 100,000 REAL ESTATE PROFESSIONALS
06-Aug-2021 20:30:00
NAI Harcourts New Zealand says the success of its parent entity NAI Global in securing a place as one of the world’s top five commercial real estate brands reflects its strength and quality at a time of uncertainty.
Actionable Misrepresentations
22-Jul-2021 15:39:10
When selling a business, it is important that any statements regarding the business are accurate. Generally, a statement as to possible future events is regarded as being an opinion, which is not typically actionable if it turns out to be incorrect. However, in some circumstances an opinion can amount to a negligent misrepresentation. The following is a case example.
Commercial market update
21-Apr-2021 15:16:50
Our commercial teams across the country are experiencing positive market conditions and good demand for product, with the markets attributing more risk to retail, hospitality and office as opposed to the industrial sector.
The Role of the Commercial Finance Broker
21-Apr-2021 15:16:05
The Privacy Act 2020
05-Feb-2021 08:30:00
New Zealand’s privacy legislation seeks to provide a framework for protecting an individual’s right to privacy of personal information.
Real Estate, Investors, Property and Investments, COVID-19, Privacy, Information, Nai Harcourts - Commercial
What does 2021 hold for commercial property investors?
05-Feb-2021 08:30:00
To answer this question, we first need to look at some of the key influences that are likely to shape commercial property markets in New Zealand.
Real Estate, Investors, Property and Investments, COVID-19, Nai Harcourts - Commercial