Thursday, 1 April 2021, 5:09 pm
2020 saw increased vacancy rates in the office,
industrial and retail markets with mixed yields in each
sector, but Colliers research says it is not all about
COVID.
While the adverse economic impact of COVID-19
was a rightfully expected influence, other market dynamics
pre-COVID (such as vacancy rates that were at historic lows
and increasing development activity) also played their
part.
While the general trend has been upward, the
rate of change has differed across market sectors and
locations as illustrated by the results of the latest
Auckland and Wellington office, industrial and retail
vacancy surveys.
Office Vacancy
Article – Property and Build 2020 saw increased vacancy rates in the office, industrial and retail markets with mixed yields in each sector, but Colliers research says it is not all about COVID. While the adverse economic impact of COVID-19 was a rightfully expected influence, …
2020 saw increased vacancy rates in the office, industrial and retail markets with mixed yields in each sector, but Colliers research says it is not all about COVID.
While the adverse economic impact of COVID-19 was a rightfully expected influence, other market dynamics pre-COVID (such as vacancy rates that were at historic lows and increasing development activity) also played their part.
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April 1 (Reuters) - Australian shares settled higher on Thursday, wrapping up the holiday-shortened week on a firm note as investor cheered an end to Brisbane lockdown ahead of the long Easter weekend.
The S&P/ASX 200 index closed up 0.6% at 6,828.70, with gold and technology stocks leading the gains. Both Australian and New Zealand markets are closed on Friday and Monday for Easter holidays.
Market participants cheered after Australia ended a lockdown of its third-biggest city Brisbane, just in time for Easter holidays, as only one new locally transmitted COVID-19 case in Queensland state eased fears of a widespread outbreak.
Synopsis
The S&P/ASX 200 index closed up 0.6 per cent at 6,828.70, with gold and technology stocks leading the gains. Both Australian and New Zealand markets are closed on Friday and Monday for Easter holidays.
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Technology stocks closed about 2.5 per cent higher in their best session since March 16, following a tech-led rally on Wall Street.
Australian shares settled higher on Thursday, wrapping up the holiday-shortened week on a firm note as investor cheered an end to Brisbane lockdown ahead of the long Easter weekend. The S&P/ASX 200 index closed up 0.6 per cent at 6,828.70, with gold and technology stocks leading the gains. Both Australian and New Zealand markets are closed on Friday and Monday for Easter holidays.