2024 New Zealand Regional Figures Report – Taranaki

Explore the latest trends in Taranaki's commercial real estate market in our June 2024 report. The office market in New Plymouth is static with limited rental growth and long vacancy periods, especially in larger, dated buildings. The industrial market is the strongest commercial sector with increasing rents for new builds and good demand for high-quality stock. The retail market is oversupplied, transitioning from traditional retail to online shopping, with static rentals and a growing number of vacancies. Don't miss our comprehensive analysis, including key statistics and market directions for each sector.