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.
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.
NAI Harcourts Market Leader November 2019
18-Nov-2019 13:38:51
This issue of Market Leader features:
- Key Assets final issue for 2019 out now
Newsletters, Market Leader, NAI Market Leader, Nai Harcourts - Commercial
NAI Harcourts Market Leader July 2019
31-Jul-2019 16:00:29
This issue of Market Leader features:
- Getting more out of your commercial property investment
- Key Assets Issue 2 2019 out now
Newsletters, Market Leader, NAI Market Leader, Nai Harcourts - Commercial
NAI Harcourts Market Leader May 2019
06-May-2019 15:15:56
In this issue of Market Leader:
- Small footprint department stores could be the next big thing
- Bryan Thomson joins Harcourts New Zealand as Managing Director
Newsletters, Market Leader, NAI Market Leader, Nai Harcourts - Commercial
NAI Harcourts Market Leader February 2019
28-Feb-2019 15:11:00
In this month's Market Leader:
- Anti-Money Laundering implications for the real estate industry
- Six essential elements to enable a property or business to be sold
- Key Assets - Issue 1 2019
Newsletters, Market Leader, NAI Market Leader, Nai Harcourts - Commercial