Articles tagged with 'commercial property'
Raid on commercial investors depreciation of assets detrimental
8 September 2023 - The commercial property sector is deeply concerned about Labour and National policies to remove depreciation for commercial and industrial buildings.
Rents lift for suburban retail property
27 June 2023 - Retail business strategies are continuing to evolve in the post-pandemic operating environment, says JLL in its latest market snapshot.
A $1.5 trillion wall of debt looming for US commercial properties
11 April 2023 - Bloomberg has calculated a wall of $US1.5 trillion of commercial property debt is due to roll over in the next 20 months, just when banks have lost their appetite for funding such debt.
What commercial real estate investors want
29 March 2023 - What is the secret to satisfying today’s tech-savvy, sophisticated and inquisitive investor?
Harsh land and investment laws will prevent new supermarket entrants
21 March 2023 - Zoning, consenting, and overseas investment approval processes make it close to impossible for a new supermarket player to enter the New Zealand market at scale, says the New Zealand Initiative.
Retail bouncing back in all main centres
27 February 2023 - Despite headwinds, retail is bouncing back after three years of buffeting by Covid, declining house prices and a now softer economy.
Five big questions commercial real estate is asking
17 January 2023 - The past few years have been bumpy, with one event after the other challenging the economy, businesses, and the way we work.
Life sciences and healthcare sectors becoming a key focus for property investors
31 August 2022 - The prevalence of property dealing in the life sciences and healthcare sectors has grown significantly over the past few years - and for good reason.
Beating the long-term average
20 May 2022 - More than $2.6 billion of commercial property was sold across the country in the second half of last year beating the long-term average.
Records to topple for commercial and industrial sales
4 March 2022 - Commercial and industrial property sales last year are expected to zoom past $12 billion for the first time.
The key to being a commercial landlord
18 February 2022 - Ongoing periods of Covid-fuelled disruption to office tenancies in the past two years have not seen businesses give up their commercial leases en masse, despite predictions this would happen.
Compelling new investment option
20 October 2021 - Investors looking to pivot out of direct ownership while still maintaining a strong property portfolio managed by a hands-on team of directors may have found the light at the end of their tunnel with First Light Capital.
Commercial: Proposed legislation shoots tenants in foot
8 October 2021 - Commercial landlords could provide less rent relief to vulnerable tenants if the Government presses ahead with changes to the Property Law Act – forcing them to offer rent relief to all tenants during lockdowns whether they need it or not.
New tax rules: What investors need to know
5 October 2021 - Although the Government has outlined details of the new legislation regarding the phasing out of property investors’ interest deductions, the new bill also has other effects for property investors.
What office staff expect in a workplace
17 September 2021 - The office is no longer a place to be anchored at a desk whilst trying to block out the background buzz to meet deadlines.
Building on a roll
9 September 2021 - For the first time in a single quarter building work across the country has passed $7 billion.
New records in building industry consents
31 August 2021 - Residential building consent numbers continue to break records, Statistics NZ figures reveal.
Residential market confidence remains elevated
24 August 2021 - Before last week’s Covid lockdown, investor confidence in the residential property market hit the fourth highest score on record. Sally Lindsay reviews Colliers International's latest property stats across all sectors and regions.
Industrial buildings: Adapt or fail
11 August 2021 - Being carbon neutral throughout New Zealand by 2050 is going to have a material impact on future development of industrial assets across the country. Sally Lindsay unpacks JLL's latest research report.
2000 new investors flock to latest commercial property deal
4 August 2021 - Unlisted commercial property funds manager PMG Property Funds Management has attracted 2000 new investors to its latest offer.
Commercial property sales booming
28 July 2021 - Record highs are expected for total commercial and industrial sales in the first quarter of this year.
Housing supply at risk
12 July 2021 - Property investors keen on the build-to-rent market will be sorely disappointed if the Government does not carve this niche out as another asset class, says the Property Council NZ.
Commercial property returns all-time high
24 June 2021 - Commercial and industrial investment property returns have surged to multi-year highs of 15.9% the highest figure since December 2007, the figure was boosted by capital appreciation of 9.8%
Tech and the real estate trajectory
24 June 2021 - The ongoing expansion and innovation of the technology sector across Asia Pacific (APAC) is fuelling new possibilities for tenants and owners alike a new report from Colliers International reveals.
PMG to buy two substantial properties
20 June 2021 - Bethlehem Town Centre and a Wellington industrial property are being bought by the unlisted property funds manager for a total of $107.5 million.
How office space will transform
16 June 2021 - The mass adoption of remote working across the globe has led to vociferous debate on the future role of commercial office space within cities, with the spotlight on CBDs.
Roaring industrial market heats up
20 May 2021 - The country’s industrial sector is continuing its boom with construction of storage buildings passing $1 billion for the first time.
Shadow commercial space emerges
9 May 2021 - As office tenants reassess their existing and future space needs amid changing expectations around what workplace environments should look like, and adjusted bottom-line budget realities, there has been some notable corresponding changes in office property market fundamentals.
Next generation of industrial property
27 April 2021 - For many businesses, the extent to which they and their real estate partners invest in features which improve environmental, social and governance (ESG) standards is becoming an increasingly important consideration.
Winners from new housing policies
21 April 2021 - The new-build residential, build-to-rent projects and commercial property sectors will probably be the big beneficiaries of the Government’s housing package – extending the bright-line test and scrapping mortgage interest deductibility.
Sharp drop in building consents
30 March 2021 - Residential building consents dropped a whopping 18% last month, the first decline in six months after rapid gains.
Investment in Auckland’s CBD will survive
12 October 2020 - Commercial property investors are not going to abandon Auckland’s CBD in the wake of the Covid-19 lockdowns, according to a specialist property financier.
COMMENT: Accessing commercial property assets
9 October 2020 - Small investors can access big commercial property assets, Craigs Investment Partners head of private wealth research Mark Lister explains how.
Adapting to commercial’s new normal
29 September 2020 - Economic headwinds may be threatening the commercial property sector but one property fund manager is opening a new offer on the back of a year that has been successful, despite Covid-19.
How elections impact on the market
11 August 2020 - Elections have an impact on property market activity, don’t they? Actually - it depends, new Colliers International research suggests.
Augusta Capital takeover bid now unconditional
9 July 2020 - ASX-listed Centuria Capital has declared that its takeover of New Zealand property funds manager Augusta Capital is now unconditional, as it has secured nearly 66% of Augusta’s shares.
Bright spots in commercial outlook
5 June 2020 - Nearly 60% of commercial property investors think that opportunities lie ahead but they are also believe there are changes in store for the sector.
Concerns over commercial rent dispute plan
4 June 2020 - Too little, too late. That’s what commercial landlords’ advocates have to say about the Government’s newly announced $40 million commercial rent dispute package.
Major industrial development powers on
29 May 2020 - It’s full steam ahead for the Stevenson Group’s $800 million, 361-hectare industrial and residential development in South Auckland – despite the uncertainties of the post-Covid-19 era.
Resilience needed in face of change
28 May 2020 - The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
Industrial holdings leave Provincia in strong position
14 May 2020 - Tales of strife and problems abound in the commercial property world these days, but the impact of the Covid-19 pandemic has not been as devastating for all commercial players.
Elephant in the room at level two
12 May 2020 - It’s official: New Zealand will be moving to alert level two by Thursday and thousands of workers will be returning to work, but issues remain for the commercial property sector.
Capital investor calls for commercial rates moratorium
6 May 2020 - Councils should offer a one-year moratorium on rates to commercial landlords who are struggling with the economic impact of the Covid-19 crisis, a prominent Wellington property investor argues.
Uncertain future for commercial development
5 May 2020 - Sixty percent of planned development projects worth several billion dollars are now uncertain due to the current economic climate, a new Property Council survey of its members suggests.
Govt considers commercial rent relief solutions
30 April 2020 - Mounting costs for small businesses trying to deal with the economic fallout of Covid-19 have prompted the Government to consider rent relief options.
Covid-19 could strike REITs a hard blow
30 April 2020 - The hit from the Covid-19 crisis could last longer and deeper than just the lockdown period for Australian and New Zealand real estate investment trusts (REITs).
More relief needed for commercial property sector
16 April 2020 - New measures to help out commercial landlords and tenants struggling with Covid-19 related lease issues have been announced – but the Property Council is warning that more support is needed.
“No access in emergency” lease clause: putting it in context
8 April 2020 - Much attention has focused on a commercial property lease clause which could mean commercial tenants don’t have to pay all their rent during lockdown, so the Auckland District Law Society is providing more information about it...
Lockdown market sentiment
6 April 2020 - Caution might dominate property sector participants’ takes on the market, but independent economist Tony Alexander’s latest polling reveals that not all investors are taking a step back.
Commercial sector facing hundreds of millions in lost revenue
27 March 2020 - Some large commercial tenants are refusing to pay rent and this could devastate the commercial property sector, the Property Council New Zealand is warning.
Syndicates take big share of commercial purchases
13 March 2020 - Investors thinking about joining up with a property syndicate can rest assured that New Zealand syndicates have been keeping busy of late.
More growth for co-working office space
5 March 2020 - The popularity of co-working office space is not just a fad. In fact, according to a new report, there’s room for continued growth in this part of the Auckland office market.
Headwinds for the commercial market
10 February 2020 - Tightening credit conditions could impact on New Zealand’s booming commercial property market, according to the Property Council’s chief executive.
COMMENT: The truth about flexible workspaces
30 January 2020 - Think you know about flexible workspaces? Odds are - you don’t, so IWG's Alexander Sykes* busts some myths about flexible workspaces for curious landlords.
Australian giant in Augusta takeover bid
29 January 2020 - Commercial property investment company Augusta Capital today announced a surprise takeover bid from Australian listed Centuria Capital.
Looking outside the box
27 January 2020 - The property market is heating up again – and that means more competition for good deals – but there are still options out there for keen property investors.
Proptech the future for commercial investment
9 January 2020 - Commercial property start-up Jasper is the new kid on the block but some have asked how it differs from traditional property syndicates. Jasper’s founders explain the points of difference for us…
Commercial confidence at three year high
19 December 2019 - Booming regional centres are driving positivity in the market and that’s left commercial property investors more confident than they have been in three years.
Commercial disrupter proves popular
28 November 2019 - New commercial property disrupter, Jasper, has hit the ground running with their first investment offering achieving full subscription in just 36 hours.
Demand challenges for commercial sector
31 October 2019 - Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.
NZ proptech start-up scores major investor
17 September 2019 - Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.
COMMENT: Prospects strong for yielding assets
16 September 2019 - Commercial property can offer investors better options as the search for yields intensifies so NZ Mortgages & Securities director James Kellow provides his rundown on the outlook for the commercial market.
Commercial property focus for new non-bank lender
30 August 2019 - There’s a new commercial property non-bank lender on the block after two New Zealand property and investment heavyweights joined up with an Australian property finance company.
Build-to-rent momentum grows
29 August 2019 - The Government needs to better enable the growth of New Zealand’s fledgling build-to-rent sector if it wants to alleviate the country’s housing shortage.
COMMENT: The dangers of neglecting code compliance certificates
28 August 2019 - It’s a legal requirement for commercial buildings to have a Code Compliance Certificate yet many don’t. Building compliance expert Rosie Kilip explains why this is not a good thing...
Changes to quake prone building system
15 July 2019 - Owners of earthquake-prone buildings (EPBs) will now be able to conduct modest building alterations without having to undertake seismic strengthening work at the same time.
Join the office space revolution
4 July 2019 - Flexible working spaces are more than just a fleeting trend and the launch of a new co-working serviced office franchise programme will open up the market to investors.
Confidence in commercial running high
21 June 2019 - The Government’s decision to put the kibosh on a capital gains tax has helped boost confidence in commercial property, with Tauranga emerging as a hot favourite market.
Transforming commercial investment
18 June 2019 - Many investors are switching from residential to commercial property and now a new platform aims to makes access to the sector easier.
Changing world, changing property market
11 April 2019 - Technology and changes to the way people work are set to transform the commercial property sector and investors need to be attuned to these developments.
Niche options
25 March 2019 - Investors interested in a property that’s a bit different, but provides good returns, should check out one of the niche sectors on offer in the commercial sphere.
CGT threat barely dents market confidence
15 March 2019 - Confidence in the market remains solid among both residential and commercial property owners – despite the threat of a capital gains tax.
Office business
29 January 2019 - New Zealand’s office sector is currently shaped by a shortage of supply but, going forward, it’s flexible workspaces which are set to reshape the market.
What lies ahead in 2019
12 December 2018 - Wondering what is in store for residential and commercial property across the spectrum in the coming year? Here’s what Colliers International New Zealand’s have to say in their annual predictions…
Growth in NZ demand for co-working space
22 November 2018 - Developing co-working and flexible spaces in commercial properties offers big opportunities for landlords, the results of a major new survey suggest.
Insurance essentials
19 November 2018 - Too often investors do a quick once-over on the insurance front. But when it comes to commercial property that’s a mistake – instead it’s worth getting to grips with the fundamentals.
PMG announces new market offer
9 November 2018 - Interested in testing the commercial property waters? Property Managers Group (PMG) has just put its largest retail offer in its diversified, unlisted commercial property fund on to the market.
Is commercial the answer?
23 October 2018 - Investors dreaming of financial freedom should look to commercial property, argues Jeff Brill who is the author of New Zealand’s first book on commercial property investment since the GFC.
