Property Management

Auckland city enjoys rapid office growth

Auckland is second for office growth out of 10 leading Asia Pacific cities – ahead of Melbourne, Seoul and Tokyo, a new international report says.

Friday, March 14th 2003

Bayleys Real Estate affiliate Cushman and Wakefield, a global business space monitoring specialist, says while global turbulence was a drag on office sector growth last year and the office market in Asia-Pacific remained in the doldrums, the New Zealand market, along with Thailand's, "continues to go from strength to strength". Auckland was also the third-top performing industrial market in the Asia-Pacific region, behind Shanghai and Melbourne...

Auckland showed 9.4 per cent rental growth, compared with top performer Shanghai, at 12.4 per cent. Shanghai's rent per square metre for the year was 256 euros (NZ$514) compared with Auckland's 174 euros (NZ$349).

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Home ownership plan slammed

Unity First Home Buyer special	3.95
SBS FirstHome Combo	3.99
ICBC	4.49
Kiwibank Special	4.49
SBS Bank Special	4.49
Co-operative Bank - First Home Special	4.55
TSB Special	4.59
Kainga Ora	4.59
Unity Special	4.59
BNZ - Std	4.65
Co-operative Bank - Owner Occ	4.65

ICBC	4.89
Kiwibank Special	4.89
China Construction Bank	4.95
Kainga Ora	4.95
SBS Bank Special	5.09
Unity Special	5.09
Nelson Building Society	5.09
BNZ - Std	5.09
Westpac Special	5.19
TSB Special	5.19
ASB Bank	5.25

Westpac Special	5.59
ICBC	5.65
Kainga Ora	5.69
SBS Bank Special	5.69
TSB Special	5.79
BNZ - Std	5.79
Kiwibank Special	5.79
Co-operative Bank - Owner Occ	5.89
ASB Bank	5.89
AIA - Go Home Loans	5.89
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank Special	5.65
Kiwibank	5.65

Property Management

Auckland city enjoys rapid office growth

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