Thursday, 15 July 2021, 4:16 pm
Commercial
office, retail and industrial markets, one year on from the
end of New Zealand’s national lockdown, have performed
more strongly than expected, according to a recent research
report by Colliers.
The report notes that the effect
of lockdowns on the commercial property sectors, both
locally and internationally, however, has varied across
market sectors.
Chris Dibble, head of research at
Colliers, notes that property sector demand has responded
positively as a result of the unprecedented amount of
stimulus from the Government and the Reserve
Bank.
“The generally positive outlook for the
economy, prospects of ongoing low interest rates and a
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