Overview

We opened our Auckland office in 2017 to provide a trans-Tasman offer to our growing number of clients with real estate requirements in both Australia and New Zealand.

With a population of 1.6 million, Auckland contributes 38 percent of New Zealand’s GDP, making it the country's largest economic regional economy. Auckland’s top 18 industries are each valued at more than $1 billion.

Auckland - Office

Vacancy in Auckland decreased to 5.4 percent. Total stock remains above 1 million sqm. Tenant demand saw 5,200 sqm absorbed in the first half of 2018. 

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.