Insights into New Zealand’s real estate sector
There are plenty of opportunities to invest in New Zealand’s real estate – non-residential activity is currently generating NZ$1.2-$1.3 billion per quarter.
Dedicated to maintaining principles of a free market economy, New Zealand is ideal for those interested in property investment. According to New Zealand Commercial Property Brokers Ltd, favourable exchange rates for overseas investors yield returns between 6% and 9% annually, on invested capital.
Ease of purchase
Buying commercial property is relatively easy in New Zealand. There are a variety of properties available in today’s market and many real estate agencies in New Zealand have a division specifically dedicated to commercial property investment. Providing you with private consultation, New Zealand’s commercial real estate agencies are equipped to manage your property investments.
With New Zealand’s government support of major projects including schools, hospitals and other social and cultural buildings, the non-residential sector has been able to maintain its strength in the real estate industry.
Key Resources
We suggest looking at the following resources:
- The Department of Building and Housing manages New Zealand’s building legislation and standards and provides reports on market trends
- Land Information New Zealand provides consent to invest in New Zealand property and manages information pertaining to property owners and titles
- The Property Council of New Zealand represents investors, owners and managers of commercial, industrial, retail, property funds and multi unit residential property
- The major urban areas by population are Auckland, Wellington, Christchurch, Hamilton and Napier-Hastings. Visit www.realcommercial.co.nz or www.businessesforsale.co.nz to explore current property listings throughout the country
- New Zealand Commercial Property Brokers Ltd provide professional advice and help investors to buy, sell and lease commercial property in the Hamilton area.
