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Please find the latest articles from the Colliers Knowledge Centre below.
For more information and to see all the articles, please click below:
http://www.colliers.co.nz/Knowledge-Centre/

Pump It Up
Significant property sales in the main centres, so far in 2009, have reached $1.16 billion, 22% ahead of 2008’s total of $942 million with a month to go. This is the total of retail, industrial, office and mixed commercial use sales over $2 million. Download the full report for more.
Click here to download the PDF (1.1 MB)

Riders on the Storm
As we ride out the economic storm, commercial landlords continue to struggle with declining values, pressure on rents and increasing incentives, but in a country which finds itself on the outer edges of the economic storm. Download the full report for more.
Click here to download the PDF (1.0 MB)

Both Sides of the Story
September monthly report includes our regular quarterly updates of the rental and capital indices. In general we are still seeing easing of rental and capital values, some declines slowing and others gathering pace. Sometimes evidence of rental changes in particular take time to show. Download our full report for more.
Click here to download the PDF (757 KB)

New Zealand CBD Office Market Indicators Report
Major research report discussing the latest market indicators including vacancy rates, rents, capital values, yields and transactions in New Zealand’s CBD Office market sector.
Click here to download the PDF (633 KB)

Queenstown Property Market Update
Queenstown’s property market has always been, and will likely continue to be, more cyclical than the majority to other New Zealand markets. The easy supply of credit during the last few years encouraged the last growth phase, with in excess of $200 million per annum of construction occurring in Queenstown over the last five years.
Click here to download the PDF (1.3 MB)

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Please find the latest articles from the Colliers Knowledge Centre below.
For more information and to see all the articles, please click below:
http://www.colliers.co.nz/Knowledge-Centre/

Riders on the Storm
As we ride out the economic storm, commercial landlords continue to struggle with declining values, pressure on rents and increasing incentives, but in a country which finds itself on the outer edges of the economic storm. Download the full report for more.
Click here to download the PDF (1.0 MB)

Both Sides of the Story
September monthly report includes our regular quarterly updates of the rental and capital indices. In general we are still seeing easing of rental and capital values, some declines slowing and others gathering pace. Sometimes evidence of rental changes in particular take time to show. Download our full report for more.
Click here to download the PDF (757 KB)

New Zealand CBD Office Market Indicators Report
Major research report discussing the latest market indicators including vacancy rates, rents, capital values, yields and transactions in New Zealand’s CBD Office market sector.
Click here to download the PDF (633 KB)

Queenstown Property Market Update
Queenstown’s property market has always been, and will likely continue to be, more cyclical than the majority to other New Zealand markets. The easy supply of credit during the last few years encouraged the last growth phase, with in excess of $200 million per annum of construction occurring in Queenstown over the last five years.
Click here to download the PDF (1.3 MB)

Things Can Only Get Better
After a few months of pretty bleak commentary it is refreshing to be able to record some positive signs. Firstly the decline in the industrial property market is slowing. Rents have declined and vacancy increased, but not dramatically.
Click here to download the PDF (787 KB)

A great article on the recent changes to the Real Estate Agents Act, read it HERE.

Click HERE for a great article on tips to property investing.

By Anne Gibson Tenants have become more stroppy and doubled their demands for free rent, according to a property boss.

Paul Duffy, chief executive of the $746 million DNZ Property Fund, told shareholders in Auckland at the inaugural annual meeting of the revamped business yesterday, that leasing incentives on investment properties were rising.

Rents would continue to soften, he said, and landlords negotiating lease terms of six to 12 years were having to provide more lures.

“Tenants are looking for between two and 2 months per year of incentives, and it’s affecting growth,” Duffy told shareholders.

DNZ owns 61 properties leased to 274 tenants. Its 447,563sq m of buildings are 98 per cent leased.  The business, previously Dominion Funds, established in 1996, had invested $20 million in the past five years upgrading buildings, he said, and had big plans for the Johnsonville Shopping Centre.
Duffy expected resource consent issues over it to be argued in the Environment Court.

DNZ was New Zealand’s fifth-largest property entity, Duffy said, and he compared it to AMP NZ Office Trust, Goodman Property Trust and Kiwi Income Property Trust.

However, he also acknowledged DNZ had much higher gearing levels than NZX-listed property trusts or companies, and this was why Goldman Sachs JBWere had been retained “to review capital management initiatives”.
Duffy wanted DNZ listed on NZX so more shares are traded and to raise interest in the business. “The volume of trades is minimal,” he said.
One shareholder complained yesterday that $10,000 invested in 1996 was today worth just $8000 and asked why the business kept buying more properties, which meant investors got less money.

Duffy said the business had held properties valued at $900 million and had sold large portions of its portfolio.

http://www.nzherald.co.nz/property/n…ectid=10597531