2023 New Zealand Regional Figures Report - Taranaki

Explore the latest trends in Taranaki's commercial real estate market in our December 2023 report. Discover how the office market remains static, with prime yield rates around 5.5%-7.0%. Learn about the steady growth in the industrial market, particularly for new builds, while older properties see smaller rental increases. Conversely, the retail market is oversupplied with a growing number of vacancies, reflecting a shift towards eCommerce. Don't miss our comprehensive analysis, including key statistics and market directions for each sector.