The commercial office market remains static with an over-supply of older first floor space available as a result of poor NBS ratings, dated standard of fit out, and a lack of onsite parking. There is insufficient information for provincial towns. View the infographic here.
Demand for industrial remains positive; prime spaces are achieving good yields with a limited supply available. Those spaces available on the market tend to be older and secondary stock. View the infographic here.
The retail market remains relatively static, with the majority of the CBD stock being located in or adjacent to earthquake-prone buildings. The impending inner city development will cause some disruption, with limited availability of suitable retail premises for new or relocating tenants. View the infographic here.