Hamilton Industrial – leasing and sales

  • Overall industrial vacancy decreased to 1.2% in Hamilton in the 12 months to December 2018, representing a 3,770 sqm decrease of vacant space, the lowest vacancy rate on record. (CBRE)
  • Unprecedented levels of industrial infrastructure construction either underway or in the pipeline. This includes:
    • Ruakura Inland Port underway
    • Te Rapa Gateway industrial park growing much quicker than expected.
  • Driven by economic confidence in the Waikato, low interest rates, population and job growth, strong construction sector, industrial land prices significantly less than those for key Auckland industrial areas and cheaper than Tauranga.
  • Inland port development supporting Ports of Auckland and Tauranga will see Hamilton become a key logistics freight hub which is likely to attract other large industrial occupiers.
  • New Zealand’s largest roading infrastructure project is approaching completion, with the Huntly bypass due for opening in February 2020.
  • The strength of a well-established market and forecast growth in population is expected to underpin rents and values within the Hamilton Industrial market.

Other Hamilton Material

  • Hamilton Invest Hamilton is New Zealand’s largest inland city with the mighty Waikato River running through the middle. More people are moving here as it’s a modern, innovative city with affordable living costs and thriving businesses. Hamilton’s economy is strong, diverse, flourishing and part of the ‘golden triangle’ of economy and freight with Auckland and Tauranga. The golden triangle accounts for two-thirds of all freight in New Zealand. We’re also home to some of New Zealand’s more innovative and export-driven companies and research institutes.

    https://hamiltoninvest.co.nz/

  • Te Waka is all about helping the Waikato reach its full potential. Their objectives are to:
    • Lift economic performance across the Waikato region.
    • Attract, retain and grow investment, talent and business across the region.
    • Champion and lead the region’s collective voices for economic and business needs and opportunities.
    They work in partnership with existing economic development, iwi, business, government and community organisations to get things done and to unearth opportunities that will lead to jobs, prosperity and sustainable economic growth for everybody, thereby improving well-being for all communities.

    https://www.tewaka.nz/

  • HtoA corridor The Hamilton-Auckland Corridor initiative is the country's first urban growth partnership which will see co-ordinated development between Auckland and Hamilton, including working together on transport links.

    The initiative will see the Waikato, Waipa, Matamata-Piako and Hamilton councils work with the Waikato Regional Council, and Auckland City Council, together with the Government and local iwi to improve the way the area will grow.

    http://futureproof.org.nz/corridor-plan/