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Auckland Industrial Market

2010 will likely be remembered as the start of the upswing for the Auckland Industrial market. A lack of quality investment space and increased occupier demand over 2H10, has caused the Auckland industrial vacancy rate to decline further from 7.8% in 1H10, to 6.9% in 2H10. This is well down from the record high of 8.4% reached in 2H09, suggesting the worse of the property cycle is likely to be over...

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