Latest CBRE Market View (Office/Retail/Industrial)

[underground]

as per title, it was released a couple weeks ago and is based on 1st quarter 08

Download From: http://investments.net.nz/Auckland1q08.pdf

feel free to comment or post your opnion below.

[Arbitrage]

Thanks for your posting. Do you know what the indicative yields based on?

[underground]

i believe its based on net market rentals of commercial/industrial from a mixture of public and 'private' sources

i wouldnt be too skeptical of the figures, these guys seem to know their stuff and have a dedicated research department to collate the data. data seems around what i would have expected

[Arbitrage]

Not sceptical at all. Just interested about how yields are known as a lot of rents are commercially sensitive, and they are also set for periods longer than 12 months.

I guess at the time of sale of occupied buildings the level of rent is revealed. If you aggregate enough of these, a picture of the likely yields can be determined.

[Steve]

Not sceptical at all. Just interested about how yields are known as a lot of rents are commercially sensitive, and they are also set for periods longer than 12 months.

I guess at the time of sale of occupied buildings the level of rent is revealed. If you aggregate enough of these, a picture of the likely yields can be determined.

That would be a good assumption...

[underground]

QV send out a rental return form every so often of which tenants are legally obliged to disclose the rental they pay. im sure that data is made available to purchase in some way to others in the industry.