Hastings Napier Rents and Yields Summary December 2011

May 30, 2012 at 10:13 am

 
Download the latest research on the Hastings and Napier commercial property market.

In summary 

  • Investment property yields in both Hastings and Napier are stable and remain at previous levels at 8.2% and 7.7% respectively.
  • There is good demand from investors for prime retail property, but limited supply. Industrial property is also in demand and shows the best returns, this is consistent with other regions.
  • Positive ‘Total Returns’ in both markets are now stronger and shows further improvement over the previous six months. Hastings returns 7.9% (6.7% in June 11) and Napier 7.9% (6.4% in June 11). The best performing sector once again is industrial property. The office sector is holding up due to its higher income return compared to the retail sector.
Advertisements

Entry filed under: Commercial/Industrial.

Hawkes Bay Rural Property Market Report Autumn 2012 Greg comments in a Hawkes Bay Today Rural Property Market Article


Calendar

May 2012
M T W T F S S
« Apr   Aug »
 123456
78910111213
14151617181920
21222324252627
28293031  

Most Recent Posts


%d bloggers like this: