Christchurch New Development Monitor May 2025

Key Points:

• The active development pipeline in Christchurch, comprising office, retail, and industrial projects where construction has either begun or is expected to start shortly, includes a total of 35 projects. This equates to roughly 142,000 sqm of new commercial stock.
• The industrial sector leads, representing 71% of the total new pipeline NLA, which is about 101,000 sqm. Retail developments make up 17% (around 24,000 sqm), while office developments account for the remaining 12% of the total new pipeline NLA (approximately 17,000 sqm).
• Hornby is, by far, the most active precinct for industrial developments, with 14 projects totalling circa 57,000 sqm, followed by Rolleston and Middleton, which combined have seven active new developments (around 32,500 sqm).