Investment in Auckland’s commercial real estate brings the prospect of significant rental yields, steady capital value growth and, in most instances, no capital gains tax.

With high demand in office space over the last 20 years, Auckland has seen rising rents and low vacancy rates across the CBD office, industrial and retail markets. In 2015/2016 commercial rent prices grew by close to 5 per cent.

Why invest in Auckland’s commercial real estate

No.1 in projected office rental growth

Auckland was ranked first in the Projected Office Rental Growth category of the JLL’s 2016 City Momentum Index Report.

Rise in retail spending

According to Bayleys Research, retail spending in Auckland in 2016 grew by 8 per cent. This increase has been driven partly by our booming population – 44,500 new residents (45 per cent of the national total).

New city office spaces

About 170,000m2 of CBD and metropolitan office space were under construction in the second quarter of 2016.

$10 billion in upcoming projects

Auckland has NZD$10 billion of projects planned for the CBD in the next decade, including the Auckland hotel project, Project Palace; regeneration projects by Panuku Development Auckland, and the Wynyard Quarter Innovation Precinct. Many of these projects will offer new office and commercial spaces.
 

 

 

 

 


Success stories
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Industrial and Commercial Bank of China (ICBC)

Industrial and Commercial Bank of China (ICBC), the world’s most profitable bank, has established a branch in Auckland and is ready to invest in large infrastructure projects.


Talk to an investment specialist

Andrew Carpenter
Investment Specialist, Commercial Property and Services
Contact Andrew
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