Today CBRE launches its new Industrial Advantage publication, a premium selection of industrial space available to purchase across the North Island.
In this issue CBRE Research discusses New Zealand’s buoyant industrial property sector. Gergely Gaspardy, Occupier Research Manager says, “High occupier demand for industrial stock is outgrowing existing supply, which is likely to mean that static land values will soon increase.”
Tim Boyle and Alex Hopkinson of CBRE’s Advisory & Transaction Services, Industrial & Logistics also discuss how in Auckland, “All roads lead to Penrose”.
“Penrose has always been a core industrial location within Auckland,” says Tim Boyle, Associate Director, Industrial & Logistics, Capital Markets at CBRE. “Its proximity to the CBD, motorways and rail network are fundamentals that have driven its continuing success over the years – as relevant now as ever.”
Whether you are looking to invest, or set yourself up as an owner occupier, there is a opportunity for you to look at. Contact CBRE’s team of industrial and logistics experts.
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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.