Registered Valuers. Registered Property Consultants. LINZ Accredited. Hawke’s Bay-based premium quality valuation and creative property strategy© leading +$0.5b acquisitions-disposals NZ-wide since 1998. Valuation litigation and commercial property specialists. Development and public land specialists. Our People. Property economy analysts and commentators – for Press.
Turley & Co Industrial Focus© Research recent Press page and links below:
‘Thirty years’ supply’: Enough industrial land in Hawke’s Bay for decades of growth
Turley & Co Industrial Focus© Research | Oct 20
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October 2020 Overview
The prior industrial building boom for Hawke’s Bay peaked in 2016-17 and has considerably tapered since. Hastings 2018-19 v. 2016-17 is down about 40%.
Hawke’s Bay industrial land supply is considerable at ~187 hectares. At 2014-19 building rates this represents 187 large sheds or probably at least 30 years supply.
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