Hot property: Tenant demand has grown rapidly, boosting demand for industry services

The Commercial Property Operators industry has grown strongly over the past five years. Favourable conditions have boosted demand for commercial property and therefore increased demand for property operator services. Despite increasing commercial property construction, tenant demand far exceeds property supply. These conditions have placed upward pressure on rents, which has assisted industry revenue growth because property operator fees are determined as a proportion of rents. Industry revenue is forecast to rise at an annualised 4.1% over the five years through 2017-18, to total $20.5 billion. This includes forecast industry revenue growth of 3.0% during the current more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • New technologies are expected to influence demand for office and retail space over the period
  • Industry Report - Industry Key Buyers Chapter

    The Commercial Property Operators industry exhibits a low degree of market share concentration. The industry's four largest players are expected to account for less than 40% of total revenue in 2017-18. Concentration varies depending on location, the grade rating of the property and the property's intended market. In prime CBD locations, industry concentration tends to be higher because large-scale property funds own and operate most office space. For smaller, regional areas, and for retail space in suburban shopping strips, industry concentration is much lower. This is due to the prevalence of independent property operators and smaller players that focus on local markets. Due...purchase to read more.

    Additional Insights for the Commercial Property Operators Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Commercial Property Operators Industry are

  • Management of a high quality assets portfolio
  • Financial structure of the company
  • Ability to effectively communicate and negotiate
  • IBISWorld analysts also discuss how external factors such as Business confidence index and Real household discretionary income in the Commercial Property Operators industry impact industry performance..

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    What's in this report

    What is the Commercial Property Operators in New Zealand Industry?

    Industry operators primarily rent or lease non-residential property, including offices, retail space, and industrial properties, such as warehouses.

    Industry Products
  • Office property operation
  • Retail property operation
  • Industrial property operation
  • Industry Activities
  • Office space renting or leasing
  • Shopping centre renting or leasing
  • Factory renting or leasing
  • Warehouse renting or leasing
  • Self-storage renting or leasing
  • Commercial property body corporation
  • Commercial property strata corporation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Business confidence index
  • Real household discretionary income
  • Total merchandise imports and exports
  • Capital expenditure by the private sector

  • Current Performance
  • Tenant demand
  • Investors and property supply
  • Segment trends
  • Profitability and structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Tenants staying put
  • Investor interest
  • Ways to do business
  • Table: Commercial Property Operators Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Commercial Property Operators Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consulting Services in New Zealand

  • Key Selling Industries
  • Air Conditioning and Heating Services in New Zealand
  • Commercial Cleaning Services in New Zealand
  • Electrical Services in New Zealand
  • Real Estate Services in New Zealand

  • Products & Services
  • Office property operation
  • Retail property operation
  • Industrial property operation
  • Chart: Commercial Property Operators Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Retailers
  • Professional services firms
  • Manufacturers, wholesalers and logistics companies
  • Government
  • Other firms
  • Chart: Major Market Segmentation for the Commercial Property Operators Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Commercial Property Operators

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Commercial Property Operators Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Commercial Property Operators Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Commercial Property Operators Industry
    Includes: Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Commercial Property Yield
  • Measures rental income from a real estate investment, in relation to purchase price (or current valuation).
  • Property Grades
  • Refers to how desirable a property is. Properties with high-class facilities in sought-after locations are considered premium or grade A, while less desirable properties are grade C properties.
  • Vacancy Rate
  • The proportion of unoccupied commercial property space as a percentage of total available space.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Commercial Property Operators in New Zealand market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Commercial Property Operators in New Zealand:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Commercial Property Operators in New Zealand market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Commercial Property Operators in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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