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Retail property performance: a tale of two cities
The retail property sector in New Zealand's twolargest cities – Auckland and Wellington – recorded stable performance last year despite the disruption of the Covid-19 situation, according to Colliers NZ.
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Leasing Archives
What we know so far about lawsuits over unpaid rent during Covid-19
Court rulings have tended to favour landlords so far, but retail tenants could get the last laugh.
Opinion: Why data and real estate go hand in hand
Now more than ever, physical retailers need to lean on data to make sure they’re creating the right experiences for cons...
Experience always wins when it comes to great retail property management
Comac Retail Property Group’s DNA is in retail property management and leasing via many significant projects over nearly...
Kmart to anchor new Ashburton retail development
Discount department-store Kmart has been named as the anchor of a new retail development scheduled to open in Ashburton ...
Pandemic set to mute new retail development in greater Auckland
Despite some 57,000sqm of new space being added to Auckland’s retail inventory in the second half of this year, the pros...
Shore City secures long-term Farmers renewal, new Whitcoulls
Shore City, the North Shore of Auckland’s original major shopping centre, has secured a 15-year lease renewal from ancho...
Wellington CBD vacancy rate up 50 per cent in Covid-19’s wake
Vacant retail space in Wellington’s CBD rose to more than 7000sqm in the June quarter reflecting a vacancy rate of 6.7 p...
Hugo Boss looks beyond the pandemic
The luxury fashion brand just launched a local e-commerce site in Australia as part of a broader push into the APAC regi...
Landlords holding out on rent relief for 1 in 5 retailers: Retail NZ
While many landlords have been accommodating, there are those that aren't seeing the larger picture.
Kiwi Property charts traffic recovery across shopping centres
The firm's average pedestrian count rebounded to 1 per cent up on the prior year.
City Chic to shutter 14 stores on rent negotiations
Ninety-two stores will remain open with reduced rents, City Chic says.
Commercial Bay opens after several delays
The $690 million retail centre and hospitality development has been unveiled today.
In bid to help businesses with rent issues, NZ govt amends Property Law Act
Landlords temporarily required to reduce rent in wake of COVID-19 pandemic.
Wellington businesses to get partial refunds on renewal fees
City of Wellington consulting with business owners to understand their needs for support.
Businesses, landlords urged to work together during COVID-19 crisis
Industry bodies call on Government to protect commercial tenants in rent negotiations.
