We opened our Auckland office in 2017 to provide a trans-Tasman offer to our growing number of clients with real estate requirements in Australia and New Zealand.
With a population of 1.6 million, Auckland contributes 38 per cent of New Zealand’s GDP, making it its largest economic regional economy. Auckland’s top 18 industries are each valued at over $1 billion.
Auckland - Office
Auckland CBD’s office vacancy rate is sitting at 10.8%.
Auckland - Industrial
Auckland’s industrial market saw Prime Net Face Rents increase to $130/sqm, with rental growth showing no signs of slowing down in the short term due to lack of supply.
Auckland - Retail
Retail continues to remain consistent even though consumer confidence is down. In Auckland there are several major shopping centre developments underway and retail demand in the CBD remains strong.