17 May 2021
Taranaki Market Insights

The range for rental rates achieved across modern and older accommodation has broadened. The market has shown some improvement, particularly across prime office stock, with reasonable demand for smaller floor areas below 200m². View the infographic here.

Taranaki Market Insights

Rental rates for industrial properties within New Plymouth have continued to increase, particularly for modern or purpose-built accommodation. Strong investor demand remains from both local and national investors which is driving yields down. View the infographic here.

Taranaki Market Insights

Retail activity in New Plymouth continues to remain tight, proving challenging for some as a result of limited rental growth and growing vacancies in the CBD. Demand exists for quality buildings, although significantly higher yields are attributed to earthquake-prone buildings. View the infographic here.