Editorial and insights

Supply-demand fundamentals are getting tighter as the sector booms.

There is fierce competition nationwide as occupiers chase space.

Bayleys’ national director industrial sales and leasing, Scott Campbell gives insight into why the industrial leasing market in Auckland is red hot and how the uptake of space has been astonishing.

As Bezos, Branson and Musk jostle for bragging rights in the space travel realm, a different sort of space contest is playing out in New Zealand’s industrial sector.

The already-resilient industrial sector pre-COVID has surged on the back of pandemic-related drivers and changing consumer patterns, and while Auckland gets the biggest high five, regional quiet achievers deserve a shout out too.

It’s a similar story right around the country – the availability of quality industrial space is tight, and the pipeline of new stock is also filling up in advance.