Good afternoon
Today we launched the first Green Property Investment Index for New Zealand (released by the Investment Property
Databank), and the Property Council/IPD New Zealand Commercial Property Index results to September 2012. Please see the
press releases and market presentation attached.
Key points:
- Growth continued in New Zealand’s Direct Property markets with continued positive capital growth
- The retail sector leads the industrial sector and office sector
- Investment returns for Green Star rated office buildings outperform non-rated office buildings
- The results remain consistent when controlled for A-grade assets
- Outperformance is driven by a stronger capital growth component
PROPERTY COUNCIL NEW ZEALAND
NEW ZEALAND'S COMMERCIAL PROPERTY VOICE
ENDS