JUNE 2014 QUEENSTOWN COMMERCIAL AND INDUSTRIAL RETAIL
|
|
- Evelyn Randall
- 5 years ago
- Views:
Transcription
1 JUNE 2014 QUEENSTOWN COMMERCIAL AND INDUSTRIAL There is an air of confidence and op mism in Queenstown. Popula on growth is one of the highest in New Zealand as Queenstown draws people from both within New Zealand and from overseas. Tourism, the founda on of the Queenstown economy, con nues to expand while the growth of the local economy provides opportuni es for new enterprises and exis ng ones to grow. As a consequence of the strong economic condi ons, market ac vity for commercial and industrial property is on the increase and significant developments are on the horizon. Investors have always looked favourably upon the Queenstown commercial and industrial markets and this con nues to be the case. With more development, investment opportuni es are on the increase, commercial and industrial space remains in demand and most property sectors are showing limited vacancy. RETAIL The general growth of Queenstown s economy in parallel with the expansion of the tourism sector con nues to drive retail growth but on two separate fronts. The Central Business District (CBD) remains the focus for tourism spending while the Frankton Flats and Remarkables Park area has increasingly become the favoured shopping loca on for the local popula on. The CBD benefits from its proximity to the established adjacent tourism accommoda on which offers visitors ready access to the wide range of fashion, While the CBD in general is sought a9er, there are clearly parts of the CBD that are considered be=er than others. The map The CBD is a sought a9er loca on for (over page) shows the grading of loca ons retailers and there is currently a backlog of in 2014 according to Bayleys Research. businesses looking for opportuni es to set Loca ons and grading is an evolving up shop. Si;ng tenants, in some cases, are process. As the scale of tourism in also looking for opportuni es to relocate to Queenstown expands, it is an cipated that preferred outlets within the CBD. Key the CBD s prime retail area will enlarge as money is being paid to secure the right well. Retailers will look at opportuni es to posi on and, for the prime loca ons, this is access the growing consumer spending in an cipated to remain a feature of the the area which may include an ini al market. souvenir and food and beverage retail that is available.
2 Popula on growth in the QueenstownWaka pu ward has been one of the highest recorded in New Zealand according to the 2013 census. Between 2001 and 2013, the popula on increased from just over 10,656 to 16,722, an increase of over 6,100 people or 57%. Similar growth rates were recorded across the Queenstown Lakes District Council area. The regional draw that the retail offering at Frankton Flats has will cater for consumer needs of this growing popula on beyond the Queenstown City boundaries. Another significant proposed development on Frankton Flats is at Shotover Park. It is an cipated that the final development will comprise a mix of uses which will include large format retail, smaller scale retail posi oning on the fringes. This creep is already evident in the CBD and this will result in a greater variety of retail, more pedestrian traffic and a general li9 in ac vity that will eventually li9 the grading of these fringe loca ons. The long an cipated development of the Five Mile site is finally progressing into the construc on stage. The Queenstown Gateway retail facility has resource consent approval and is in the final stages of a obtaining a building consent. The Queenstown Gateway Mall, which includes a Countdown supermarket as the anchor tenant, will help meet the shopping demands of a rapidly expanding consumer base. 18,000 Queenstown-Wakatipu Ward Resident Population 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2, Source: StatsN Z, Bayleys Research
3 along with industrial uses. Pac n Save and Mega Mitre 10 stores have already been granted Resource Consent. Comple on of all these retail developments will provide the Queenstown and surrounding popula on with a huge variety of shopping facili es. The new developments at Queenstown Gateway and Shotover Park will complement and compete against the established Remarkables Park Shopping Centre. For the first me Queenstown consumers will have a choice of where they shop with op ons ranging from small specialist retail shops through to large bulk retail outlets. Small to medium size investors con nue to show strong interest in securing CBD retail property. Market condi ons are en cing with well located CBD retail property con nuing to a ract strong tenant demand with instances of key money being paid, vacancy is almost non-existent and prime rental rates have historically trended up. Yields reflect the strong demand with Prime sales recording ini al yields between 4.5% and 5.5% while secondary loca ons show a similar 4.5% low but with a higher upper level of 6.0%. OFFICE Office users in Queenstown tend to be associated with the service sector and government catering to local businesses and the community. While there is a manageable amount of vacant space in Queenstown, tenant demand for the office accommoda on that is available remains generally subdued. There are cases of good quality space remaining vacant for an extended period of me. As a consequence, rental levels have remained largely unchanged over recent years Office accommoda on in Queenstown is o en located on the first floor with retail featured on the ground floor. Investment sales invariably reflect this with the usually strong investment demand for retail, especially in the CBD, driving yields down to as low as 5.0%.
4 INDUSTRIAL Queenstown Lakes District Council (QLDC) has signalled through reports, a poten al shortage of industrial land as the district grows. The development of the Glenda Drive Industrial Estate and the expansion of the Shotover Park industrial subdivision on Frankton Flats were seen as addressing this issue. The recent approval of the Pac n Save and Mitre 10 stores has set the scene for the poten al future approval of other bulk retail in industrial areas placing further pressure on the available industrial land around Queenstown. CONFERENCE CENTRE A proposed new Conference Centre, on the Lakeview site, at the top of Man Street overlooking central Queenstown is under considera on by the QLDC. In the Council document that requested community response to the proposal, the an cipated cost of $52.5 million would see funding as follows: $29.9 million: QLDC to contribute for construc on and infrastructure $3.2 million: QLDC to provide working capital for the first 5 years $20 million: External funding The Conference Centre will cater for up to 750 people with a targeted opening date of It is forecast the new facility will bring more interna onal and domes c
5 visitors to Queenstown, especially in the off -peak and shoulder seasons. It is also jus fied on the grounds that it will act as a catalyst for other economic development throughout the region, provide a venue for large events such as expos and concerts as well as catering for smaller events such as weddings and balls. QLDC has backed the Lakeview site given its scale and its central loca on is seen as keeping tourism concentrated around the CBD where it would be supported by the exis ng tourism infrastructure including hotel accommoda on and retail outlets. A rival Conven on Centre at Remarkables Park has also been proposed. Private equity would fund the project with the facility catering for up to 650 people si ng for dinner and up to 1,000 delegates in a lecture format according to media releases by Remarkables Park.
Market Summary Queenstown 2017
Market Summary Queenstown 2017 Key Drivers For Queenstown Tourism & Infrastructure Growth Ski Area Investment- circa $150m spent in the last 5 years + $15m planned for Cardrona 2017 Queenstown International
More informationMARKETBEAT. Queenstown Regional. Residential
Winter 2016 MARKETBEAT RESEARCH NEWSLETTER Queenstown Regional Queenstown is booming. A surging tourism sector drawing in more workers, coupled with an increasing wave of lifestylers and rising investor
More informationWakatipu Area Strategy Plan
Wakatipu Area Strategy Plan September 2009 Executive Summary The Ministry of Education has developed an area strategy plan in response to population growth in the Wakatipu area. The Ministry predicts that
More informationGOING PLACES MACARTHURCOOK OFFICE PROPERTY TRUST
GOING PLACES MACARTHURCOOK OFFICE PROPERTY TRUST ANNUAL REPORT 2006 1 2 3 4 1 2 181 Miller Street, North Sydney, NSW 150 170 Leichhardt Street, Spring Hill, Brisbane, QLD 3 4 38 Akuna Street, Canberra,
More informationZagreb City Report H City Reports
Zagreb City Report City Reports GDP Growth Q1 y-o-y Inflation May y-o-y Net Salary April Economy & Investment Economics 0.2% 870 Unemployment Rate Q1 2.7% Retail Sales Index May y-o-y 3.9% Tourist Arrivals
More informationProposal for the South-west Commonwealth Marine Reserves Network
Tourism Council WA Policy Paper Proposal for the South-west Commonwealth Marine Reserves Network Diver under the Busselton Je y Diver near school of tarwhine, off the Dunsborough coast Australian sea lion,
More informationZAMBIA: PROPERTY MARKET OVERVIEW
Zamreal 2017 TIM WARE & DANIEL M KATONGO ZAMBIA: PROPERTY MARKET OVERVIEW Zamreal September 2017 COUNTRY OVERVIEW MARKET HIGHLIGHTS Zambia is a politically stable country with a fast-growing economy, which
More informationUNITED KINGDOM BIRMINGHAM OFFICES QUARTER
UNITED KINGDOM OFFICES QUARTER 4 2 TAKE-UP 753,329 SQ FT 113,713 KEY DEAL 118,240 SQ FT TO BCU AT BELMONT WORKS, EASTSIDE CITY CENTRE SERVICED OFFICES SQ FT HEADLINE RENT 33 PSF Take-up > Annual take-up
More informationProposed Arthurs Point Special Housing Area. Housing Accords and Special Housing Areas Act Expression of Interest
Proposed Arthurs Point Special Housing Area Housing Accords and Special Housing Areas Act 2013 Expression of Interest 1.0 APPLICANT The applicant for the proposed Arthurs Point Special Housing Area is
More informationConvention Centre Proposal. Have your say before we make a final decision later this year.
Convention Centre Proposal Have your say before we make a final decision later this year. Conventions are important to cities because of the economic benefits they bring. Page 2 CONTENTS Introduction...3
More informationFederal Avia on Administra on and Landfills NM Recycling and Solid Waste Conference
Federal Avia on Administra on and Landfills NM Recycling and Solid Waste Conference Gregory Larson, P.E. September 23, 2014 Today s Talk Introduc on FAA Guidelines Solid Waste Rules FAA No fica ons Determina
More informationQueenstown Lakes District Council. Review of District Plan Business Zones Capacity and Development of Zoning Hierarchy
Queenstown Lakes District Council Review of District Plan Business Zones Capacity and Development of Zoning Hierarchy McDermott Miller Strategies Limited in association with Allan Planning & Research Limited
More informationQUARTERLY UPDATE 31 MARCH 2017
AUSTRALIAN PROPERTY OPPORTUNITIES FUND QUARTERLY UPDATE 31 MARCH 2017 The Australian Property Opportunities Fund (APOF I or the Fund) is pleased to provide this update for the March quarter 2017 (Q1 2017)
More informationLIVERPOOL CITY CENTRE. Commercial Office Market Review 2005
LIVERPOOL CITY CENTRE Commercial Office Market Review 2005 SUMMARY Liverpool s office market is changing beyond recognition, with newly-built offices, increasing demand from professional and financial
More informationGRANT THORNTON BANKERS BOOT CAMP
GRANT THORNTON BANKERS BOOT CAMP Where are we in the cycle? Yield compression slowing, rents growing Yields bottoming but the bottom could last till 2020 The end of yield compression brings income return
More informationDEXUS Property Group (ASX: DXS) ASX release
6 May 2013 DEXUS and DWPF to acquire strategic office investment in Perth DEXUS Property Group (DEXUS or DXS) and DEXUS Wholesale Property Fund (DWPF) today announced the joint acquisition of a strategic
More informationPARK LUCERO OVERVIEW KEY FEATURES
PARK LUCERO Class A, LEED cer fied mul -phase industrial park featuring six buildings totaling 618,000-square-feet. The property will feature technology, research and development, manufacturing and distribu
More informationSOVEREIGN PARK. An Exclusive Investment Opportunity. Brassall, QLD Located in Australia's Fastest Growing City. Creating Cashflow Through Property
An Exclusive Investment Opportunity Located in Australia's Fastest Growing City Sovereign Park Estate Sovereign Park Estate is an exclusive opportunity for investors to secure pre-construction pricing
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 4 2 TAKE-UP 1,750,276 SQ FT PRIME RENTS 37 PSF INVESTMENT VOLUME 708m 64% ABOVE 10 YEAR AVERAGE TAKE-UP was a record year in the Manchester office market, with
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 2 2018 2 327,035 SQ FT 53,839 SQ FT by WSP PRIME YIELDS 4.50% Following a record first quarter takeup, the Manchester office market saw 327,035 sq ft in 76 deals
More informationFURTHER SUBMISSION BY THE BOARD OF AIRLINE REPRESENTATIVES OF NEW ZEALAND ON THE DRAFT QUEENSTOWN LAKES DISTRICT COUNCIL DRAFT PLAN
FURTHER SUBMISSION BY THE BOARD OF AIRLINE REPRESENTATIVES OF NEW ZEALAND ON THE DRAFT QUEENSTOWN LAKES DISTRICT COUNCIL DRAFT PLAN BARNZ is an incorporated society comprising 20 member airlines operating
More informationinvestment ProSPeCTuS 2016 SuMMary
investment ProSPeCTuS 2016 SuMMary 2 invest SuNShiNe CoaST - The future is here MeSSaGe from The Mayor MeSSaGe from The Mayor a CiTy region of opportunity The Sunshine Coast offers investors an unrivalled
More informationPORT DOUGLAS SUBURB REPORT
PORT DOUGLAS SUBURB REPORT LOCALITY Port Douglas is an internationally acclaimed tropical coastal holiday destination 70 kilometres north of Cairns. Access from Cairns is via the scenic Captain Cook Highway
More informationSector Trends Research, Evalua on & Analy cs Branch Conven on Ac vity Survey Year to December 2017 report
Sector Trends Research, Evalua on & Analy cs Branch Conven on Ac vity Survey Year to December 2017 report Prepared Feb 2018 Ministry of Business, Innova on and Employment (MBIE) Hīkina Whakatutuki Li ing
More informationINFORMATION MEMORANDUM Fairfield Central Townsville NOW LEASING STAGE 2
INFORMATION MEMORANDUM Fairfield Central Townsville NOW LEASING STAGE 2 Fairfield Central is a bustling suburban shopping centre located in Idalia, just 7km from Townsville CBD. Introduction Currently
More informationAuthored by Cr Bob Manning Mayor
Queensland Treasury Corporation Investor Conference Presentation Authored by Cr Bob Manning Mayor Cairns Regional Council 1 Two and half years ago, I stood before the Public Hearing for the Joint Select
More informationBelgrade City Report Q City Reports
Belgrade City Report Q2 2016 City Reports GDP Growth Q1 (y-o-y) Net Salary May Economy & Investment Economics 3.5% Inflation May y-o-y 0.7% 452 Unemployment Rate Q1 19% Retail Sales Index April y-o-y 7.4%
More informationThe Melbourne CBD: What is driving centralisation?
November 2013 The Melbourne CBD: What is driving centralisation? Key Points Jones Lang LaSalle recorded a notable increase in the number of city Fringe 1 occupiers migrating to the Melbourne CBD over the
More information* plus a top up at rent review
CENTRAL LONDON OFFICE MARKET - Q2 2015 WEST END CENTRAL LONDON OFFICE MARKET - Q2 2015 CITY Office rents and vacancy rates Quarterly take-up levels increased by 13% in Q2 2015 to reach 757,150 sq ft. This
More informationSUBURBPROFILE POPULATION TO DOUBLE OV E RVIE W CITY OF WY ND H AM FORECAST POPULATION WYNDHAM CITY COUNCIL
TA R NI E T 1 SUBURBPROFILE The suburb is located within the boundaries of the City of Wyndham which is one of the fastest growing municipalities in Victoria and the third fastest in Australia. OV E RVIE
More informationWho does what? Tourism operations at local and regional levels. In many regional centres there can be confusion about who does what in tourism.
Who does what? Tourism operations at local and regional levels In many regional centres there can be confusion about who does what in tourism. Some perceive tourism as just being about product or visitor
More information3.2% 1.2% 12.2% Inflation, December 2017 y-o-y. Retail Sales, November 2017 y-o-y, Croatia
City Report H2 2017 3.2% 1.2% 12.2% GDP Growth, Q3 2017 y-o-y Inflation, December 2017 y-o-y Unemployment rate, December 2017, Croatia 935 5.7% -2.5% Net Salary September 2017, Zagreb Retail Sales, November
More informationShelley Dawson From: Sent: To: Subject: Ten Year Plan Wednesday, 6 May 2015 10:20 AM Shelley Dawson FW: Late Submission -----Original Message----- From: "Helen Paterson" Sent: Thursday, 30 April 2015 7:32
More informationT L1, 381 Great South Road, Ellerslie, Auckland 1051 KnightFrank.co.nz KFNZ Ltd t/a Knight Frank S. L A (REAA 2008), MREINZ
Ref: Wyndham Gardens July 27, 2016 The Safari Group PO Box 99 245 Newmarket Auckland Attn: Mr Damien Taylor / Mr Rob Neil Email: Robn@safarigroup.co.nz / damient@safarigroup.co.nz Dear Sirs, Wyndham Gardens
More informationQueenstown and Wanaka Growth Management Options Study
Queenstown and Wanaka Growth Management Options Study Stage One: How will Wanaka and Queenstown look, feel and function as they develop over the next 20 years? A report to Queenstown Lakes District Council
More informationHamilton s Business Economy
Hamilton s Business Economy Growth Indicator Report August 2017 hamilton.govt.nz/growth Contents 3. Introduction 4. New Commercial and Industrial Building Consents 6. Retail 8. Employment 9. Unemployment
More informationLjubljana City Report
Ljubljana City Report H1 2016 City Reports Net Salary April Economy & Investment Economy During the first quarter of 2016, Slovenia s GDP growth was 2.5%. With greater domestic demand, the positive trend
More informationSofia City Report H City Reports
Sofia City Report H1 2016 City Reports Gross Salary Q1 Economy & Investment GDP growth Q1 y-o-y 2.9% 650 Inflation May y-o-y - 2.0% Unemployment Rate Q1 8.6% Source: National Statistical Institute of Republic
More informationMonk Fryston and Hillam Village Plan
Contents Introduction and Background 3 Achievements since last plan 4 Survey results 7 Overall Priorities 8 Village aims going forward 9 We are located in North Yorkshire around the A63. We are approximately
More informationMood of the Nation New Zealanders' perceptions of international visitors. March 2018
Mood of the Nation New Zealanders' perceptions of international visitors March 2018 Contents 1 Background and approach 3 2 Key insights 6 3 Detailed insights 10 4 Appendix: measures by region 31 2 1 Background
More informationThe changing retail landscape in Muscat
The changing retail landscape in Muscat Developments & opportunities Oman Real Estate Conference May 2014 INTRODUCTION Ian Gladwin 3 Head of International for Cluttons. Fellow of the Royal Institution
More informationShopping Mall Business in Japan
Overview of Business Operations (Fiscal year ending February 20, 2011) Shopping Mall Business in Japan ÆON Mall is pressing ahead in creating shopping malls that answer customer needs and are the most
More informationPINE RIVER - CABOOLTURE INCLUDING: GRIFFIN, KALLANGUR, MORAYFIELD & MANGO HILL/NORTH LAKES
PINE RIVER - CABOOLTURE INCLUDING: GRIFFIN, KALLANGUR, MORAFIELD & MANGO HILL/NORTH LAKES AREA SUMMAR The Pine River - Caboolture area is located in south-east Queensland, between 20 and 44 kilometres
More informationPinnacle Place QUEENSTOWN
Pinnacle Place QUEENSTOWN QUEENSTOWN'S BEST From its grandstand view overlooking Queenstown Bay and Lake Wakatipu, 10 Pinnacle Place has an impressive internal space of 879 square metres, and 345 square
More information6 th OIC HALAL EXPO 29 th November - 2 nd December 2018 Istanbul Republic of Turkey
6 th OIC HALAL EXPO 29 th November - 2 nd December 2018 Istanbul Republic of Turkey In compliance with the resolution adopted by the 33 rd Ministerial Session of the Standing Committee for Economic and
More informationDear Valued Partners & Business Associates,
Dear Valued Partners & Business Associates, TRAVEL MALAYSIA 2018 Travel Malaysia 2018 will be held on the following dates: Travel Malaysia 2018 (April) will be held on 6 th 8 th April 2018 Hall 5A Singapore
More informationGlobal Mega-trends Urbanisation a key driver of growth. Steve McCann Group CEO and Managing Director Lend Lease
Global Mega-trends Urbanisation a key driver of growth Steve McCann Group CEO and Managing Director Lend Lease 2 We operate in four regions across 12 countries LONDON Operating since 1991 NEW YORK Operating
More informationRotary WESSEX. Trips with Belo USA. Login: WESSEX Password: EXPLORE
Rotary WESSEX Trips with Belo USA www.belousa.com Login: WESSEX Password: EXPLORE Dear Rotary WESSEX Exchange Student, Contents Trips for 2018/2019... 3 Hawaii Expediton... 4 New York City, Philly & Washington
More informationThe making of Singapore s next regional centres
The making of Singapore s next regional centres Prospects look bright for the development of Jurong Lake District and Paya Lebar Central TWENTY years ago, Jurong East was one of the three regional centres
More informationOUTLOOK REDBANK PLAINS A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL
OUTLOOK REDBANK PLAINS A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Located within seven minutes of the Springfield CBD and 30 minutes of the Brisbane CBD, Redbank Plains proximity to major
More information1.2% 3.5% 13.2% Inflation May 2017 y-o-y. Retail Sales, May 2017 y-o-y
City Report Q2 2017 1.2% 3.5% 13.2% GDP Growth Q1 2017 y-o-y Inflation May 2017 y-o-y Unemployment rate Q1 2017, Belgrade 489 11.1% 6.2% Net Salary May 2017, Belgrade Retail Sales, May 2017 y-o-y Industrial
More informationPart 005 Implementation Strategy _
Part 0 Implementation Strategy www. landlab.co.nz Queenstown Town Centre Masterplan Version 7 14 June 28 Section 0 Page 4 5.1 Implementation Plan The projects and initiatives contained within the Queenstown
More informationUNITED KINGDOM MANCHESTER OFFICES QUARTER
UNITED KINGDOM MANCHESTER OFFICES QUARTER 3 2 479,637 SQ FT 225,000 SQ FT Pre-let to Booking.com INVESTMENT VOLUME 147m Leasing activity in the Manchester office market for the first three quarters of
More informationHospitality Market Snapshot Nairobi & Its Suburbs. June 2016
Hospitality Market Snapshot Nairobi & Its Suburbs June 2016 Kenya Nairobi In this issue 3 Nairobi Economic Overview Current Room Supply & Outlook 3 4 4 4 5 CBD 6 Westlands & Surrounds & Surrounds 7 Upper
More information1.0% 3.6% 15.9% Inflation March 2017 y-o-y. Retail Sales,
City Report Q1 2017 1.0% 3.6% 15.9% GDP Growth Q1 2017 Inflation March 2017 y-o-y Unemployment rate 2016, Belgrade 495 11.4% 0.9% Salary March 2017, Belgrade Retail Sales, March 2017 y-o-y, Serbia Industrial
More informationPromenaden Hauptbahnhof Leipzig
Promenaden Hauptbahnhof Leipzig 1 PROPERTY DATA Opening Nov 12, 1997 Sales area ca. 30,000 m² Office space ca. 8,000 m² Number of jobs ca. 1,000 Number of shops ca. 140 Number of floors 3 Parking spaces
More informationRESEARCH INDUSTRIAL SNAPSHOT
RESEARCH INDUSTRIAL SNAPSHOT GREATER LONDON AND WESTERN HOME COUNTIES H2 2017 GREATER LONDON & WESTERN HOME COUNTIES LOGISTICS & INDUSTRIAL RESEARCH Introduction As the UK economy continues to grow so
More informationFor Lease Retail Space LUXURY
1127 LUXURY Euclid Avenue,Cleveland, Ohio 44115 RYAN FISHER Vice President Retail Services DIRECT 216 239 5069 ryan.fisher@colliers.com > PROPERTY HIGHLIGHTS Excellent opportunity to locate at the center
More informationIMPACT HOMES Introducing The Meadows Estate 3
IMPACT HOMES Introducing The Meadows Estate 3 4 IMPACT HOMES Introducing The Meadows Estate INTRODUCTION The purpose of this guide is to introduce The Meadows, a residential community developed by Leda.
More informationSTRATEGIC INVESTMENT IN MANCHESTER AIRPORT
Report To: EXECUTIVE CABINET Date: 7 February 2018 Cabinet Deputy/Reporting Officer: Subject: Report Summary: Cllr Bill Fairfoull Executive Member (Finance & Performance) Tom Wilkinson, Assistant Director
More informationSUMMER ACCOMMODATION
SUMMER ACCOMMODATION ACCOMMODATION DURING THE SUMMER MONTHS Unique Venues in Kent offers B&B and Self Catering university accommodation at our Broadstairs and Canterbury locations. Our accommodation is
More informationECONOMIC DEVELOPMENT. Whanaketanga ōhanga
ECONOMIC DEVELOPMENT Whanaketanga ōhanga Mauri mahi, mauri ora; mauri noho, mauri mate Industry begets prosperity (security); idleness begets poverty (insecurity). Our support for economic growth and development
More information2 Hong Kong Tourism Board Annual Report 2016/17
2 Hong Kong Tourism Board Annual Report 2016/17 Messages from Chairman & Executive Director Hong Kong Tourism Board Annual Report 2016/17 3 Chairman s Message I firmly believe that Hong Kong s tourism
More informationSTONES CORNER SUBURBPROFILE. Situated three kilometres from the Brisbane CBD, Stones Corner is located within one of Brisbane s key growth areas.
1 SUBURBPROFILE Situated three kilometres from the Brisbane CBD, Stones Corner is located within one of Brisbane s key growth areas. OVERVIEW Situated three kilometres from the Brisbane CBD, Stones Corner
More informationHotels & Retail Industry
Hotels & Retail Industry An Overview May 2018 Occupancy % Global Hotel & Retail Industry Growth Trends US$ Bln 800 700 600 500 400 300 200 100 0 5.1% Global Hotel Industry Revenue 5.5% 3.8% 4.0% 3.3% 2013
More informationQUEENSTOWN CONVENTION CENTRE SUMMARY BUSINESS CASE
QUEENSTOWN CONVENTION CENTRE SUMMARY BUSINESS CASE Overview The Queenstown Lakes District Council (QLDC) is proposing the development of an international standard convention centre with 750 person (seated)
More informationBEACHSIDE ON THE PARK
Built better. BEACHSIDE ON THE PARK Due Diligence Project Report (07) 5370 1800 info@builtbetter.com.au builtbetter.com.au 1 builtbetter.com.au WELCOME TO BEACHSIDE Beachside on the park has been Constructed
More informationIN 2017 Investor confidence is soaring in the Cairns & Great Barrier Reef region on the back of record visitor numbers and infrastructure upgrades in
WHAT'S NEW IN 2017 Investor confidence is soaring in the Cairns & Great Barrier Reef region on the back of record visitor numbers and infrastructure upgrades in 2016, resulting in multi-million dollar
More informationQEW - ALTERNATIVE 3. Ÿ Widen QEW by one HOV lane in both direc ons through Freeman Interchange to North Shore Boulevard Interchange.
SKYVIEW DRIVE KERNS and Highway 403 Freeman Interchange - ALTERNATIVE 3 Ÿ Widen by one HOV lane in both direc ons through Freeman Interchange to North Shore Boulevard Interchange. Ÿ Widen Highway 403 by
More informationCountry Profile: Kenya 2017
Country Profile: Kenya 217 1. Global Tourism Performance of Kenya Domestic tourism is the major driving force of the Kenyan tourism sector. The total number of domestic trips rose from 18.1 million in
More informationAustralian Property Growth Fund
Australian Property Growth Fund Presentation Overview 2006/07 Key Highlights Property Trust Assets Funds Management & Development Company Projects Future Projects 2006/07 Key Highlights Profit after tax
More informationSTUDY OVERVIEW MASTER PLAN GOALS AND OBJECTIVES
INTRODUCTION An Airport Master Plan provides an evalua on of the airport s avia on demand and an overview of the systema c airport development that will best meet those demands. The Master Plan establishes
More informationMICE (Meetings, Incentives, Conventions and Exhibitions)
!!"#$%& Hong Kong's position in MICE market challenged ==`ÜäçÉ=i~ì!"#$%&E!!"F!!"#$%&'()*+,-./012!"#$%&'()*+,-./&012345!"#$%&'()*+,-./0123)*4!"#$%&'!"#$%&'()*+&!"#$%&'()*+,)-./01"234!"#$%&'!()*+,-./01!234!"#$%&'())*+,!"#$%&!"
More informationABOUT HOSPITALITY NEW ZEALAND
Election Manifesto ABOUT HOSPITALITY NEW ZEALAND Hospitality New Zealand (HNZ) is a member-led, not-forprofit organisation representing the largest membership group in our tourism industry. With approximately
More informationRotorua District Council. Economic Impacts of City Focus. Technical Annexures. by McDermott Miller Strategies
Rotorua District Council Economic Impacts of City Focus Technical Annexures by McDermott Miller Strategies 19 December 2014 Copyright McDermott Miller Limited is the author of this report and holds all
More information22 nd Annual Sioux Falls Market Outlook February 21, 2019
22 nd Annual Sioux Falls Market Outlook 2019 February 21, 2019 Economic Overview Michael Bender, CCIM, SIOR Top 6 Trends Commercial Real Estate Trends to Dominate into 2020 and Beyond Opportunity Zone
More informationWest of England. Priority Places Requiring Public Investment
West of England Priority Places Requiring Public Investment Development Urban Regeneration & Suburban Intensification Bristol Central Area Bristol Central Area; Stokes Croft, Temple Meads & St Philips
More informationSubmission to. Queenstown Lakes District Council. on the
Submission to Queenstown Lakes District Council on the Queenstown Lakes District Proposed District Plan, Section 32 Evaluation, Stage 2 Components October 2017, for Visitor Accommodation Date: 23 Feb 2018
More informationPalmerston North Retailing
Palmerston North Retailing Introduction and General Experience My name is Peter Crawford and I am the Economic Policy Advisor for Palmerston North City Council. My qualifications include a BA (geography
More information4. RETAIL SPENDING IN HAWKES BAY
4. RETAIL SPENDING IN HAWKES BAY 4.1 OUTLINE OF RETAIL SPENDING SECTION In the previous section we considered the supply side of the Hastings Retail market. In this section the Situation Analysis continues
More informationANNUAL REPORT FISCAL YEAR 2015
ANNUAL REPORT FISCAL YEAR 2015 Dania Beach Community Redevelopment Agency March 31, 2016 DANIA BEACH CRA STAFF Rachel Bach, Execu ve Director Dan Murphy, Economic Development Manager Kathleen Weekes, CRA
More informationVisitScotland s International Marketing Activity
VisitScotland The Importance of the Visitor Economy A strong visitor economy helps to position Scotland on the world stage whilst the economic impact of the visitor spend spreads out from the traditional
More informationMAHANA S VILLAS. Cook Islands. Investment Case Study. By Jaimee Raymond
MAHANA S VILLAS Cook Islands Case Study By Jaimee Raymond MAHANA S VILLAS Country Cook Islands Sector Tourism Type Local Background Stan Hunt is a Cook Island entrepreneur who is a builder by trade in
More informationThe A esta on of Ini al Cabin Crew Training course
Welcome to Heathrow Avia on Academy, a leading provider of Avia on and Air Cabin Crew prac cal training in the UK. If you are concerned with the lack of experience, been refused by an airline, looking
More informationSMALL SHIPS NICHE MARKETS BIG PRODUCTS BIG ISSUES
SMALL SHIPS NICHE MARKETS BIG PRODUCTS BIG ISSUES DELTA QUEEN STEAMBOAT COMPANY AMERICAN QUEEN MISSISSIPPI QUEEN DELTA QUEEN 1000 D/O COMBINED CAPACITY HOME OFFICE NEW ORLEANS LOUISIANA OPERATES ON CENTRAL
More information$244 $45 OVERVIEW National Land Transport Programme Bay of Plenty BAY OF PLENTY REGIONAL SUMMARY
2015 18 National Land Transport Programme Bay of Plenty BAY OF PLENTY REGIONAL SUMMARY OVERVIEW Transport investment in the Bay of Plenty is targeted to support significant residential growth, new industrial
More informationAnnual Member Survey. Innovation & Renewal. Sydney Michael Hughes Managing Director Research & Consulting
Annual Member Survey Sydney 2017 Innovation & Renewal Michael Hughes Managing Director Research & Consulting Objectives - Growth & Revenue & Innovation - Event & Group Trends - Investment - Economic Development
More informationMaster Plan EXECUTIVE SUMMARY
Master Plan EXECUTIVE SUMMARY MASTERING THE FUTURE The Reno-Tahoe Airport Authority (RTAA) launched a comprehensive update of the Airport Master Plan in October 2016. The Plan addresses the future of Reno-Tahoe
More informationLlandudno Junction. Regeneration Proposals for the Future. December 2009
Llandudno Junction Regeneration Proposals for the Future December 2009 Llandudno Junction - Vision Statement 1 Purpose 1.1 The purpose of this document is to describe key priorities to support the regeneration
More informationDEXUS Property Group (ASX: DXS) ASX release
11 February 2016 DEXUS and DWPF acquire North Sydney site for premium office development DEXUS Property Group (DEXUS) and DEXUS Wholesale Property Fund (DWPF) today announced that they have jointly entered
More informationWHERE BUSINESS LEADS MAKE YOUR MARK. A unique opportunity for investors and developers.
MAKE YOUR MARK WHERE BUSINESS LEADS A unique opportunity for investors and developers. Australia s only greenfield central business district within an existing urban area. 6 Dr Doug McTaggart Chairman,
More informationmarket-view Australian housing markets report Residential construction on the rise - higher and higher?
Australian housing markets report Residential construction on the rise - higher and higher? Dr Andrew Wilson Chief Economist Domain Group October 2016 Copyright 2016 Dr Andrew Wilson all rights reserved
More informationDepartment of Agricultural and Resource Economics, Fort Collins, CO
June 2007 EDR 07-15 Department of Agricultural and Resource Economics, Fort Collins, CO 80523-1172 http://dare.colostate.edu/pubs OF WINE AND WILDLIFE: ASSESSING MARKET POTENTIAL FOR COLORADO AGRITOURISM
More informationEffect of airport expansion on business opportunities in Kisumu
Effect of airport expansion on business opportunities in Kisumu Abiud Ochieng Awiti 1, Oduol Stephen Okoth 1, Fredrick O. Aila 1, Simeon Okelo 1, *Odhiambo Odera 2, & Prof Martin Ogutu 3 1 School of Business
More informationLocated on the banks of the Pine River, Griffin Pocket is part of a region that has been rated as one of Brisbane s greenest suburbs.
Location Griffin Pocket is perfectly positioned for a family-friendly lifestyle at the doorstep of Moreton Bay. Located on the banks of the Pine River, Griffin Pocket is part of a region that has been
More informationTHESSALONIKI PROPERTY MARKET. 2nd Semester 2014
THESSALONIKI PROPERTY MARKET 2nd Semester 2014 1. Economic Overview & Indices The substantial progress that Greece has made during 2013 and 2014 has been evident with the return of the Greek state and
More informationJupiters Hotel & Casino, Broadbeach, Gold Coast Queensland, Australia. Presen ng
Jupiters Hotel & Casino, Broadbeach, Gold Coast Queensland, Australia Presen ng If the mo on picture theatre industry is in your business plans, then the Australian Interna onal Movie Conven on (AIMC)
More informationREINVIGORATING GLENELG JETTY AND FORESHORE REDEVELOPMENT
JETTY AND FORESHORE REDEVELOPMENT 2036 WILL MARK OUR STATE S BICENTENARY By the time our State turns 200 years old, I want South Australia to be a place of prosperity. Planning and delivering on my vision
More informationBriefing Brisbane Fringe Office February 2018
Savills Research Briefing Brisbane Fringe Office Highlights The Queensland economy continues to show strong signs of recovery, with economic growth for the state recorded at 3.0% over the year to September
More information$ bn. $1.1bn total spend. 340,500 arrivals. 5m total nights. 23% dispersed nights 1. Singapore Market Profile. Performance overview
Market Profile Performance overview In 2013, Singapore was Australia s 5th largest inbound market for visitor arrivals, seventh largest market for total expenditure and 14th for visitor nights. It was
More information