Commercial market insights

Total Property - Issue 3 2023

As the year unfolds, it’s apparent that cost of debt and refinancing challenges are rearing their heads – market indicators suggest it could be time to act.

Total Property - Issue 3 2023

Income growth is now a key determinant of property value and is off-setting macro headwinds for landlords who are staring down rising inflation, increased lending rates, softening yields and higher compliance thresholds.

Total Property - Issue 3 2023

Ultra-high net wealth individuals and the family office sector see commercial and industrial property investment as a viable hedge to inflation and a valuable wealth creator.

Total Property - Issue 3 2023

Rental growth should ensure ongoing good returns for key commercial asset classes in New Zealand through 2023 and beyond.

Total Property - Issue 2 2023

Commercial and industrial property does not exist in a vacuum and managing risk is top of mind across the sector.

Total Property - Issue 2 2023

The importance of sustainability across the commercial and industrial property market is accelerating as calls for decarbonisation become louder and a building’s “whole-of-life” input/output comes under scrutiny.

Total Property - Issue 2 2023

High occupier demand and a secure growth pipeline make freight hubs and inland ports a sound investment bet.

Total Property - Issue 2 2023

Post-pandemic working trends are spurring the transformation of office spaces, right-sizing for operational efficiencies and innovative precincts that encourage connectivity, and support staff well-being.

Total Property - Issue 1 2023

The commercial and industrial market is looking for more certainty post-pandemic, and it’s timely to start looking ahead – rather than back.

Total Property - Issue 1 2023

Bayleys commercial business line leaders share their thoughts on what 2023 may offer investors, landlords and occupiers.

Total Property - Issue 1 2023

Today’s office has a huge part to play in business growth, continuity, culture and team productivity so how’s the sector tracking in the main centres?

Total Property - Issue 1 2023

2022 was a year of land sales, heightened activity in the industrial sector and some record-breaking leasing deals for Bayleys’ broader commercial team.

Total Property - Issue 8 2022

The road ahead may have potholes to navigate, but it’s all about swerving to mitigate risks.

Total Property - Issue 8 2022

Bayleys’ core commercial and industrial business line leaders reflect on the year that was.

Total Property - Issue 8 2022

As travellers adjust to changed global fundamentals, the independence and security offered by serviced apartments is proving popular.

Total Property - Issue 8 2022

Patience and fortitude with an eye for opportunity could be the key requirements of capital investors heading into 2023.

Total Property - Issue 7 2022

The focus is firmly on tenants as property owners strive to keep total returns in positive territory.

Total Property - Issue 7 2022

Build-to-rent is a rising star on New Zealand’s investment horizon. What will it take to make it shine?

Total Property - Issue 7 2022

Bayleys Building Consultancy Services brings a wealth of knowledge and experience to add value to commercial property assets.

Total Property - Issue 7 2022

Smaller industrial units have become all the rage in recent times for small businesses or storing household treasures.

Total Property - Issue 6 2022

There’s a shift in dynamics happening across the commercial and industrial market – so will the early bird catch the worm?

Total Property - Issue 6 2022

New urban planning policy aims to push our cities up rather than out with rules for higher density development, though developers remain cautious.

Total Property - Issue 6 2022

It takes more women being visible in commercial property to attract others into what has been an industry traditionally dominated by men. Some successful women in the sector discuss what drives them.

Total Property - Issue 6 2022

As the return-to-the-office continues, New Zealand’s office market keeps flexing to close the gap between revised workplace expectations and space credentials.

Total Property - Issue 5 2022

Sellers and buyers are facing off over value perceptions in the changed commercial and industrial marketplace.

Total Property - Issue 5 2022

We’ve been here before, and investors and tenants are taking supply chain delays and inflationary pressures in their stride as major developments kick off.

Total Property - Issue 5 2022

Unsurprisingly, caution has been a key feature of the commercial market in the first half of the year when it comes to investing capital, but that could all be about to change.

Total Property - Issue 5 2022

Global research shows property in ski resort towns has soared in popularity and value in the pandemic’s wake – so how has New Zealand’s alpine market fared?

Total Property - Issue 4 2022

The rising cost of debt and inflationary pressure are starting to impact segments of the commercial property market, but it’s all part of the territory.

Total Property - Issue 4 2022

Faced with surging inflation, commercial property owners are taking a hard look at how to recoup costs through rent structures.

Total Property - Issue 4 2022

Jump the strait to the mainland, and there’s strategic opportunity for astute investors looking to widen their acquisition net.

Total Property - Issue 4 2022

Tauranga is New Zealand’s fifth-largest and fastest-growing city – so what is the big picture for this Bay of Plenty hotspot?

Total Property - Issue 3 2022

With annual inflation knocking on seven-percent’s door, these are interesting times for New Zealand.

Total Property - Issue 3 2022

Fully-fitted office suites in the main centres are resonating with businesses looking for efficiencies, strong corporate image and added benefits.

Total Property - Issue 3 2022

As borders reopen and international travellers again set their sights on New Zealand, the hotel sector is geared up for hospitality – and investment opportunity.

Total Property - Issue 3 2022

Knight Frank’s 2022 issue of The Wealth Report marks a volatile point in global economic history. How does New Zealand stack up against the global trends?

Total Property - Issue 2 2022

The market will need to brace itself for turbulence as a mixed bag of global and domestic forces start to rock the economic boat.

Total Property - Issue 2 2022

Property investors are facing headwinds as inflation takes off and the Reserve Bank hikes interest rates – but there are some bright spots on the horizon.

Total Property - Issue 2 2022

A new wave of environmental, social and governance (ESG) features is sweeping the property world with New Zealand owners and investors proving quick to adopt them.

Total Property - Issue 2 2022

Prices for industrial land in the Auckland region are booming due to a combination of compelling factors.

Total Property - Issue 1 2022

As we enter year three of a globally disrupted marketplace, there are headwinds and undercurrents to navigate in the economy.

Total Property - Issue 1 2022

The next big wave of green buildings is under way, led by the Crown’s Carbon Neutral Government Programme (CNGP) and commitment to 100-percent renewable energy by 2035. The goal is to halve Aotearoa’s greenhouse gas emissions by 2030.

Total Property - Issue 1 2022

Infrastructure is at the heart of Wellington's bold visions for its future.

Total Property - Issue 1 2022

Despite early, panicked COVID predictions businesses are not abandoning commercial property - but they are taking a closer look at what they need and where they put their capital.

Total Property - Issue 8 2021

The pandemic’s long tail continues to impact business and market dynamics – but bricks and mortar property has been almost bullet-proof.

Total Property - Issue 8 2021

The Golden Triangle continues to house the lion’s share of New Zealand’s economic productivity and it remains on a growth trajectory.

Total Property - Issue 8 2021

Hawke’s Bay is having a moment in the sun as new ways of working and lockdown fatigue are drawing people and their business to the region in search of that elusive work-life balance.

Total Property - Issue 8 2021

The resurgence of COVID-19 is changing the landscape, but Bayleys’ experts say there is plenty of cause for optimism.

Total Property - Issue 7 2021

Far from putting a dampener on property dealings, lockdowns have spurred high activity in the commercial and industrial market.

Total Property - Issue 7 2021

A more distributed workforce and the rise of hybrid working models have seen a surge in demand for coworking and flexible office space.

Total Property - Issue 6 2021

New Zealand commercial and industrial property bats above its weight as an investment asset class nationally, and against its global peers.

Total Property - Issue 6 2021

Industrial property’s star continues to rise as eCommerce dynamics intensify, our primary products remain in demand globally, and new segments of the market flourish.

Total Property - Issue 6 2021

West Auckland’s investment and development credentials have skyrocketed on the back of zoning and infrastructural changes, and commercial and industrial property is thriving.

Total Property - Issue 6 2021

Offsite manufacturing is waiting in the wings of New Zealand’s construction sector, ready to help tackle the key issues facing both the sector and the country. What will it take to push modular methods into the mainstream?

Total Property - Issue 5 2021

With the commercial and industrial property market still performing well, there are some gridlocks both in and around the sector that are stalling further growth meaning workarounds are needed.

Total Property - Issue 5 2021

A complex web of post-COVID challenges to the supply chain and labour pool has left our construction sector with an unprecedented and multifaceted logjam to navigate.

Total Property - Issue 5 2021

As supply-demand pressures on Auckland’s commercial and industrial property nudges buyers and occupiers further outwards, emerging hotspots are experiencing a tangible halo effect.

Total Property - Issue 5 2021

There have been tangible changes to the way we approach the built environment post-COVID-19 with fresh air, space and hygiene high on the agenda.

Total Property - Issue 4 2021

Solid returns in a buoyant market, legislation to enhance tax efficiencies and a capital injection for infrastructure.

Total Property - Issue 4 2021

New Zealanders have emerged from 2020’s lockdowns to embrace big box retail both in-store and online creating an unexpected silver lining to the post-pandemic economy.

Total Property - Issue 4 2021

The Nelson-Tasman region is a quiet achiever on the commercial property front, underpinned by a strong primary sector and a flourishing knowledge and innovation economy.

Total Property - Issue 4 2021

Identified as one of the leading growth sectors in the industrial property market, there are huge challenges for the cold storage sector in New Zealand and globally.

Total Property - Issue 3 2021

The global and domestic drivers fuelling the buoyant commercial property market in New Zealand.

Total Property - Issue 3 2021

House builders are busier than ever keeping up with buyer demand amid hopes that Government changes to the Resource Management Act (RMA) and new infrastructure funding will speed up the building process.

Total Property - Issue 3 2021

Commercial property investment is rising in popularity following new tax rules on residential property investment.

Total Property - Issue 3 2021

Pressure is mounting for the commercial property sector to wholeheartedly get onboard the sustainability and accountability train.

Total Property - Issue 2 2021

Anecdotally, and transactionally, the commercial and industrial property market is striding ahead around the country, but what lies behind the figures?

Total Property - Issue 2 2021

While there’s no glossing over the fact that the city has challenges ahead – largely infrastructural – the time-worn “absolutely positively Wellington” refrain is still loud and strong in the commercial property sector.

Total Property - Issue 2 2021

The spotlight is on space no longer required by an occupier on an existing lease and, as it comes back into the market, it’s creating opportunity.

Total Property - Issue 2 2021

Working from home may continue in limited ways, but office workers and business owners are also keen to return to the physical office because of its importance to business culture, and the productivity and social benefits it offers.

Total Property - Issue 1 2021

Structural change is evident in the commercial and industrial market as supply-demand fundamentals and a wave of cash looking for bricks and mortar assets, continue to drive activity and values.

Total Property - Issue 1 2021

Commercial property investors weigh the cost of borrowing in 2021, as regulatory pressure constrains banks’ ability to lend on commercial property and more non-bank lenders are tipped to enter the market.

Total Property - Issue 1 2021

Embodying grit, a pioneering spirit and a healthy dose of innovation, is Christchurch New Zealand’s city of the future?

Total Property - Issue 1 2021

Current market conditions are ripe with opportunity for the business sector, so how can businesses navigate the lending environment to facilitate growth? Total Property talks to industry experts to provide context.

Total Property - Issue 7 2020

While the year has dished out highs, lows and everything in between – the pursuit of viable return on investment is driving activity in the commercial and industrial property market.

Total Property - Issue 7 2020

There have been COVID-19 highs and lows but Bayleys’ experts are optimistic next year will be a good one.

Total Property - Issue 7 2020

The redevelopment of four great old rugby grounds over the past two decades mirrors the epic journey of commercial property chronicled by 100 issues of Total Property.

Total Property - Issue 7 2020

With New Zealand’s usually porous borders closed to international tourists for now, the hotel sector is facing unparalleled disruption – but the domestic market is stepping up.

Total Property - Issue 6 2020

We’re seeing organic changes at a structural level in the commercial and industrial market.

Total Property - Issue 6 2020

Auckland’s harbourside has transformed into an international commercial, residential and recreational hub since the historic America’s Cup win in 1995.

Total Property - Issue 6 2020

More and more people are working from home since COVID-19 entered our lives leading to big changes in the way we shop, but retail the sector is nothing if not resilient.

Total Property - Issue 6 2020

How New Zealand’s suburban office market stands to change thanks to pandemic-driven fundamentals.

Total Property - Issue 5 2020

As we analyse transactional data for deals completed post-lockdown and look at anecdotal feedback, some clarity around market dynamics is emerging.

Total Property - Issue 5 2020

Bayleys is committed to promoting diversity and inclusion as a basis for increasing women’s participation - and career success - in the commercial property sector.

Total Property - Issue 5 2020

Healthcare assets show resilience in a changing investment environment.

Total Property - Issue 5 2020

Commercial property investors face unprecedented times as elections set the scene in a post-COVID world.

Total Property - Issue 4 2020

With six months of the year behind us, and some obstacles still expected ahead, there are signs of optimism in the commercial and industrial real estate space.

Total Property - Issue 4 2020

Far from being just the centre of the dairy industry for New Zealand, the Waikato has a strong, diversified economy and its main city, Hamilton, is seeing the cream rise to the top.

Total Property - Issue 4 2020

Free up capital and remain on-site with a transaction that makes sound business sense.

Total Property - Issue 3 2020

Bayleys’ national director commercial Ryan Johnson explores the COVID-19 effect and what it means for the commercial and industrial real estate market sector-wide.

Total Property - Issue 2 2020

Auckland’s City Rail Link will deliver a step-change in CBD-based employers’ access to workers, igniting new demand for office space and spawning large-scale mixed-use developments around stations.

Total Property - Issue 2 2020

The value of building naming rights is rising amid a flurry of high-profile deals. For the right property, they can add a valuable revenue stream and boost capital values.

Total Property - Issue 2 2020

A finance veteran who has viewed hundreds of funding applications for commercial property reveals what lenders are looking for and how you can maximise your chances of securing a loan.

Total Property - Issue 1 2020

Surplus to the needs of declining congregations, former churches and other religious buildings are a growing source of character stock to the commercial property market where developers are converting them for a myriad of uses.

Total Property - Issue 1 2020

With economic forecasts mostly positive and business confidence lifting over recent months, demand for office space looks to be well underpinned for the next 12 to 24 months. Bayleys Research offers its outlook for the Auckland, Wellington and Christchurch office markets.

Total Property - Issue 1 2020

As term-deposit rates languish at record lows and profits on residential rental properties tighten amid mounting regulation, smaller so-called “mum-and-dad” investors are hunting for returns. Commercial real estate is looking increasingly attractive to many.