Colliers stories
Limited industrial land in Napier is being turned into 20 lots for lease or sale, with demand lifted by regional growth and shortages.
Vacancy in Auckland’s CBD rose to 3.6 per cent in June, giving businesses seeking prime offices some relief after years of scarcity.
Restricted bank lending in New Zealand is opening the door for developers to secure debt or equity funding from commercial property investors.
Despite Hawke’s Bay’s spending surge, Napier shops stayed empty as retail vacancies held steady in the city’s main shopping streets.
Rising finance costs and subcontractor shortages are likely to delay some Auckland projects as construction inflation remains elevated.
Former Dick Smith stores in New Zealand are being snapped up by other retailers, including Bed Bath - Beyond, as the company closes its doors.
Frost - Sullivan honours top Indonesian companies for leadership, innovation, customer service and product development.
