Aussies join Kiwi struggle in property market Over the past few years I’ve written a number of times about the Australian influence on the New Zealand property market. First it was, “The Aussies are coming”. Then it was, “The Aussies are here”. And the most recent was, “The Aussies are here and they are us”. And today, with the oversupply of commercial rental office space and residential high rise space, they are struggling for good returns the same as everyone else. Let me give you a snapshot… Over the past few years I’ve written a number of times about the Australian influence on the New Zealand property market. First it was, “The Aussies are coming”. Then it was, “The Aussies are here”. And most recently, “The Aussies are here and they are us”. And today, with the oversupply of commercial rental office space and residential high rise space, they are struggling for good returns the same as everyone else. Let me give you a snapshot… Continue reading “Aussies join Kiwi struggle in property market”
Beware of impending landlord wars… I’m predicting the commercial tenancy market is about to become a bloody battlefield as times get really tough for investors and landlords managing commercial property portfolios. There are five key factors that will cause this warring between landlords… I’m predicting the commercial tenancy market is about to become a bloody battlefield as times get really tough for investors and landlords managing commercial property portfolios. There are five key factors that will cause this warring between landlords. Continue reading “Beware of impending landlord wars…”
Shaping up for the exciting new world of the 2010s… It is increasingly an era of customisation, where people have more and more say about the goods and services they buy, and how, where and when they get them. In my area of expertise – commercial property leasing – the… As we head into a new decade and optimism increases as the green shoots of economic recovery grow leaves, there is going to be some exciting new thinking needed for doing business. It is increasingly an era of customisation, where people have more and more say about the goods and services they buy, and how, where and when they get them. In my area of expertise – commercial property leasing – the Continue reading “Shaping up for the exciting new world of the 2010s…”
Double whammy in Auckland’s commercial rental market People often ask me what’s going on in the commercial rental property market. They’re all keen to hear the real oil, so I thought I would run through some current trends and some predictions. The current market is undergoing a double whammy experience of… People often ask me what’s going on in the commercial rental property market. They’re all keen to hear the real oil, so I thought I would run through some current trends and some predictions. I must as always qualify this by saying that there will always be exceptions to the rule and while these are broader trends, the situation will always vary on a property by property basis. The current market is undergoing a double whammy experience of… Continue reading “Double whammy in Auckland’s commercial rental market”
Smart ways to shift focus I’ve been posting this blog for well over a year now, and I’d like to think we give readers a good heads-up on trends in the property lease market, as well as some insights into how the market works behind the scenes. So it was interesting for me this week to take some of this expertise into the mainstream news media as a commentator on TVNZ’s business programme: NZI Business June 5: Renters’ market for office space… I’ve been posting this blog for well over a year now, and I’d like to think we give readers a good heads-up on trends in the property lease market, as well as some insights into how the market works behind the scenes. So it was interesting for me this week to take some of this expertise into the mainstream news media as a commentator on TVNZ’s business programme: NZI Business June 5: Renters’ market for office space Continue reading “Smart ways to shift focus”
The ins & outs of subleasing Subleasing or assigning space in commercial property is an area of great interest to commercial tenants right now. More and more commercial tenants are finding they would like to… Subleasing or assigning space in commercial property is an area of great interest to commercial tenants right now. More and more commercial tenants are finding they would like to sublease or assign space that has become surplus to their requirements. Continue reading “The ins & outs of subleasing”
Commercial vacancy levels hit 15% Don’t blame the recession for all those empty commercial properties you see. The recession is merely a short-term trend with a severe short-term impact on commercial property vacancy rates. But the digital age is a longer term trend with an even more profound impact on vacancy rates… Don’t blame the recession for all those empty commercial properties you see. The recession is merely a short-term trend with a severe short-term impact on commercial property vacancy rates. But the digital age is a longer term trend with an even more profound impact on vacancy rates. Continue reading “Commercial vacancy levels hit 15%”
