Liquid New Zealand property market highlighting depth of dry powder
After the first 2020 lockdown was behind us, H2 saw the continuation of a strong investment market in New Zealand, although there was still a cautious but optimistic air to most campaigns. Ultimately, we saw continued asset price growth across the main markets and total transaction volumes of $2.9 billion, in the $20 million plus space for the year.
The future of work is a work in progress
New Zealand occupiers are in a better position than the majority of our global counterparts with a good deal of normality in our day-to-day office life. The next 12 + months will likely reshape the future of workplace within New Zealand, refocusing, and at time accelerating, how the changes are adapted and implemented.