23 Apr 2021
Auckland Market Insights

Vacancy levels remain very low in preferred locations. Demand has remained strong in prime areas, resulting in reasonable rental growth. High levels of pre-commitment have been observed for new-build stock, largely concentrated around the expanding locations of Westgate and Hobsonville. Rental growth is relatively subdued in other locations. View the infographic here.

Auckland Market Insights

Low vacancy rates have continued albeit and vacancy of secondary stock increased. Rental growth has stabilised other than yard rents. Sales volumes reduced in 2020 and capital values increased. Large 'brownfields' landbanking acquisitions by institutional investors and high quantum asset acquisitions for syndication are notable features in the market. View the infographic here.


Auckland Market Insights

Vacancy levels remain low with an increase evident for secondary space in several locations, causing moderation in rental growth. Sales volumes reduced in 2020 and capital values have increased. Vacant land supply is limited, with large under-developed 'brownfields' landholdings in demand from private and institutional purchasers. View the infographic here.

Auckland Market Insights

Demand remains good with vacancy levelling up slightly and rental growth having stabilised for the time being. New development and site acquisition concentrated in the Oruarangi Road area and Auckland Airport landholdings. Airport Authority deferred a major park and ride development off Puhinui Road in 2020. View the infographic here.