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Welcome to our second quarterly report of 2006.
This report updates vacancies, rental and capital value indices, and for
the first time includes Christchurch data.
Last month we carried out our second quarterly confidence survey in the
Auckland commercial property market. It showed that optimists still outnumbered
pessimists by a reasonable margin, but that across all sectors confidence
was down. This is hardly surprising given that slowing of the economy,
and a perception that the rate of rental growth, particularly in the retail
and industrial sectors, may ease back in the coming year. But it will take
more than that to deter investors.
Contact Alan McMahon at 64.9.356.8811 for more information.
  New Zealand Research Report_Aug06.pdf
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