Commercial
Raid on commercial investors depreciation of assets detrimental
The commercial property sector is deeply concerned about Labour and National policies to remove depreciation for commercial and industrial buildings.
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Rents lift for suburban retail property
Retail business strategies are continuing to evolve in the post-pandemic operating environment, says JLL in its latest market snapshot.
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Retail on the tipping point
Buoyed by an almost 50% increase on early last year’s consumer spending, retail operators are now having to compete to secure prime locations in Auckland’s CBD.
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A $1.5 trillion wall of debt looming for US commercial properties
Bloomberg has calculated a wall of $US1.5 trillion of commercial property debt is due to roll over in the next 20 months, just when banks have lost their appetite for funding such debt.
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What commercial real estate investors want
What is the secret to satisfying today’s tech-savvy, sophisticated and inquisitive investor?
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Harsh land and investment laws will prevent new supermarket entrants
Zoning, consenting, and overseas investment approval processes make it close to impossible for a new supermarket player to enter the New Zealand market at scale, says the New Zealand Initiative.
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Retail bouncing back in all main centres
Despite headwinds, retail is bouncing back after three years of buffeting by Covid, declining house prices and a now softer economy.
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Five big questions commercial real estate is asking
The past few years have been bumpy, with one event after the other challenging the economy, businesses, and the way we work.
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Auckland hotel sale biggest ever
The biggest hotel deal in New Zealand’s history has seen Auckland’s Stamford Plaza sold for a record $170 million.
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Office expectations higher for hybrid workers
While most employers are now convinced they must embrace hybrid work and provide real flexibility to their staff, many are still unsure about how to best support their employees in the new working landscape.
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Life sciences and healthcare sectors becoming a key focus for property investors
The prevalence of property dealing in the life sciences and healthcare sectors has grown significantly over the past few years - and for good reason.
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Staggering increase in Rotorua’s hotel room rates
Hotel room rates are rising rapidly as the hotel sector recovers from the Covid-led downturn.
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Questions over new office construction
New build office development activity is ramping up in Auckland, Wellington and Christchurch, but is now the best time to proceed?
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Beating the long-term average
More than $2.6 billion of commercial property was sold across the country in the second half of last year beating the long-term average.
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CBD retail and recovery chances
CBD retail has been the most tested sector since the onset of the pandemic.
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