fbpx

Reply To: We are looking to sign up a 3-5 year commercial lease in the next 4-6 weeks in Auckland. Due to the current environment we can see significant downward cost pressure on retail leases – what is the view on industrial? Will there be a softening due to reduced demand? Any thoughts or crystal balls out there? Much appreciated. Thanks

Hi there. Our view on industrial is very positive. The trend of online shopping is going to only increase this demand for this asset class.

You can check out a few of our recent views on http://www.bayleys.co.nz/workplace – there is a dedicated industrial section there. It is also worth checking out Scott Campbell on LinkedIn. He is the National Director of Industrial and is frequently posting the latest, up to the minute news.

All the best.