Australasian Industrial First Half 2019

3 Monahan Rd

Research and Forecast Report

Supply chain optimisation has become a critical competitive advantage for many industrial users and operators. The positive effects of investing in the consolidation or reduction of nodes in a supply chain, often result in a significant decline in operating costs, usually ranging from 10 to 30 per cent of the logistics budget.

New Zealand Market Highlights: 

  • Market fundamentals are aligning to provide further uplift in industrial sector conditions.
  • Tightly controlled land ownership and high construction costs in major markets will moderate the development pipeline and keep space availability low, especially for prime spots.
  • Rising rents and firmer yields will continue to drive investor confidence over the next 12 months.
New Zealand’s industrial sector remains in a strong position. Expanding corporates and owner-occupiers are driving tenant demand, and a balanced supply outlook will mean space availability will remain tight in Auckland and Wellington. Christchurch has gone through a recalibration in market conditions, and 2019 is seeing stronger sector fundamentals. Investment conditions look bright across the country.

Australasian Industrial First Half 2019

Related Experts
expert photo

Greg Goldfinch

National Director | Industrial

Auckland South

I am the National Director for industrial across all of New Zealand based in our South Auckland industrial office.

I specialise in the mid to upper end of the industrial sale and leasing markets. Since joining Colliers in 2004 I have established strong relationships within the industrial market and have worked exclusively for a number of national and multi-national clients.

View expert
expert photo

Alan Pracy

Director

Hamilton

Prior to his move to Colliers International, Alan spent 10 years as a broker with Knight Frank and DTZ, culminating in his position as Commercial Manager at DTZ Hamilton. Alan has been involved in retail acquisition and leasing for Briscoes Group, Supercheap Autos, Foodstuffs, No. 1 Shoes, McDonalds, Fonterra, Big Save Furniture, Bunnings and Mitre 10. Much of Alan’s focus has been around both strategic properties and clients. This has encompassed long term development projects, sourcing the land and obtaining anchor tenant commitments. Alan has also worked closely with a number of institutions and high wealth individuals to effectively and confidentially place or acquire significant property assets.

View expert
expert photo

Sam Staite

Director of Industrial

Christchurch (Agency)

Sam is the leading industrial broker in the South Island and is the Director of the Industrial Sales & Leasing division for the Colliers Christchurch office. He has negotiated the majority of the South Islands largest industrial transactions during the past 11 years and in the past 4 years alone has delivered in excess of $480 million in sales.

Sam works closely with his colleagues across the AU/NZ Colliers network which ensures the Christchurch commercial market and his clients are as widely connected as possible. Sam works with corporate and private clients who benefit from his in-depth knowledge of the industrial sector, his proactive approach and strong business networks.

View expert
expert photo

Tim Julian

Associate Director

Wellington (Agency)

Tim’s areas of expertise are:

•       Hutt Valley and Industrial sales and leasing

•       Negotiation

•       Development

•       Documentation

•       Analysis

Tim commenced work as a valuer upon graduating in 1983. He worked in a range of management roles with Prudential from 1986 finishing as Associate Director-Property in 1995. Development and Consultancy 1995/1996 and Agency from 1996.

 

View expert