• The New Zealand investment market performed above its long-term average, achieving $2.6 billion of transaction volume across 141 sales ($5 million+) in H2 2021. 
  • The largest sale was the development site at 121-135 Beaumont St in Auckland's Wynyard Quarter, followed by the QT Auckland hotel and The Palms shopping centre in Christchurch.
  • Industrial was the most actively traded sector in H2, accounting for 38% of total transaction volume. It achieved $969.5 million of sales through 72 transactions. 
  • Private investors have been keeping active in the market as both vendors and purchasers. 
  • Australian investors dominated the overseas investor market. Border closures continued to hinder activity by offshore investors leading to buy side volumes well below pre covid levels.