Auckland Market Insight (Penrose / Mt Wellington) - Industrial - March 2020

AUCKLAND Infographic Industrial PEN MTW

Strong occupier demand and low vacancy rates prevail, with Mt Wellington having more of the vacant stock. There is continuing capital value growth due to strong demand from both investors and owner-occupiers. Several major ‘brownfields’ land-banking acquisitions have been made by institutional investors.

Location: Auckland | Posted 6 months ago