New Zealand Research Report - November 2020
Monday 7 Dec 2020
Results of two major vacancy surveys show a softening of market conditions within both the Auckland industrial and metropolitan office markets. From here though, trends look likely to diverge. Strong leasing demand indicates that vacancy rates in the industrial market are at, or close to peaking while a combination of tenant movements, contraction and adoption of flexible working options will see metropolitan vacancy rates rising over the year ahead.
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