Commercial Property
Income-producing commercial assets.
New Zealand commercial property — industrial/logistics, office and retail — offers income-producing yields that have historically outrun residential, with prime yields around 5–7%. After the 2023–24 correction, transaction volumes rose ~50% year-on-year in H1 2025 as interest rates ease.
Why this sector
Yield premium
Prime Auckland industrial trades ~5–6% and prime office ~6.5–7.0%, well above sub-4% residential gross yields (CBRE).
Industrial scarcity
Auckland industrial vacancy is just ~1.6–2.2% — among the lowest globally — with rent growth forecast at 3–4%/yr (CBRE).
Recovering market
Commercial/industrial sales above NZ$5M reached ~NZ$3.7B in 2024; H1 2025 was ~50% above the prior year.
International confidence
~18% of $5M+ deals in 2024 involved international buyers; APAC buying intentions are near a decade high (CBRE).
Representative opportunities
Indicative business and asset types within this sector. Availability varies; every opportunity undergoes independent legal and financial due diligence.
- Industrial & logistics warehouses (distribution, cold-storage, last-mile)
- Large-format retail (supermarkets, bulky-goods centres)
- Prime CBD office (flight-to-quality assets)
- Mixed-use commercial / retail developments
- Commercial premises tied to an operating business you run
Diligence & compliance
- The investor pathway requires actively operating an established business — passive property alone doesn’t qualify, and a business’s real-estate value is excluded from the qualifying amount.
- Quoted yields are prime/headline and vary by tenant, lease and location; verify independently and take specialist immigration-legal advice on structure.
Figures are researched and indicative, drawn from public industry sources; they are not a forecast of returns. All business, investment and immigration outcomes are subject to independent professional assessment and approval by Immigration New Zealand under prevailing policies.
Interested in commercial property?
Book a confidential strategy session and we’ll prepare opportunities in this sector aligned to your goals and eligibility.