Using local & US statistics, the CBRE research on build-to-rent development shows it can stack up on vacancy, diversification, cashflow, rental growth, yield & total returns.
CBRE said yesterday the commercial property sector in New Zealand had had its strongest half-year of transactions in nearly 5 years.
Developers accounted for 21% of total purchases of commercial property over $5 million nationally in the first half of 2017, their highest market share in 10 years according to CBRE research.
A sharp drop in leasing of new top-grade industrial property in Auckland represents a short-term timing issue, not a cooling market, CBRE Research senior director Zoltan Moricz says in the consultancy’s latest market outlook.
Colliers research manager Leo Lee said on Friday the agency’s latest research report indicated Auckland’s office space crunch was showing signs of easing.
Suburban owner-occupier apartments are becoming an increasingly significant component of Auckland’s apartment market, CBRE research shows.