19 Mar 2020
The office sector in general continues to perform well due to firm demand and low vacancy levels in key locations. New developments are concentrated in Downtown, Wynyard Quarter and preferred city fringe areas. Private investors have dominated CBD office building acquisitions, yields firming slightly. View the infographic here.
Retail sector performance is stable overall, but with divergence in tenant demand and rental growth between prime and secondary assets / locations. Investment yields are largely static and risk perception from e-commerce continues, with imminent impact from COVID-19 on retail and food and beverage activities. View the infographic here.