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 for 23 years. Valuation litigation and commercial property specialists. Development and public land specialists. Property economy analysts and commentators – for Press.
Turley & Co Hawke’s Bay Retail Property Focus©
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Hawke’s Bay retail occupancy has edged up to 94%, up 1 point on pre-pandemic and now matching Q1-19 that is the highest retail occupancy level in six years since bottoming out at 90% in 2015.
Hawke’s Bay physical stores retail occupancy 2019-2021 is displaying an improvement trend and very good resilience to COVID effects and online retail headwinds. Retail spending for 2020-21 is trending strongly up 13% to 36%.
Refer to our survey results report above for more information.
Turley & Co Retail Property Focus© Research recent Press page and links below:
BayBuzz | 10 Nov 21 | Retail stores resilient in HB
SCOOP | 11 Nov 21 | Hawke’s Bay Retail Sector Bounces Back From COVID
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