Industrial Sector Market Update
July 31, 2020
The industrial sector remains the most resilient asset class in the Auckland market. Despite COVID-19 disruption, record low vacancy has remained with pronounced demand and continued supply shortage. Factors underpinning the market include: Industrial stock shortage continues to drive market yield compression and rental growth; and changing consumer behaviours shaping business logistics strategies is increasingly considered in the selection of space within the post-lockdown market.