Can industrial's strong run continue?
New Zealand’s industrial sector has had a stellar run over the past few years, providing investors with steady cashflow and strong value appreciation. With forecasts showing a slight moderation in economic growth and investment yields, reaching record lows, can the industrial sector keep up its strong performance for investors in 2019 and beyond?
Latest data from MSCI highlights the industrial sector was the best performing sector for total returns across most cities globally. And, New Zealand was no exception to the global trend. The total investment return reached 13.5% for the March 2019 quarter, outperforming all other sectors.