Q&A-What is the New Zealand business market doing at the moment?

For: Business, buyers, sellers and owners.

Why you should read this topic and posts? Be in the know before you act and avoid mistakes.

In this new topic, we get our community to share some insights to help owners, tenants, buyers and sellers understand what the current market conditions are.

First up we remind ourselves of the market cycle clock:

Question - Does our community have any market information to share?

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Newmarket, Auckland info:

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This is an interesting opinion for business owners. I wonder if they agree?

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:megaphone: Just seen this very sobering article on the New Zealand hospitality industry. It’s not good!!

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More business news:

Two large retailers preparing to lay off staff as sector far from optimistic.

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More business news:

Kathmandu to close 21 stores in bid to turn its fortunes

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One in eight retail stores in Auckland empty, data shows.

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More about Wellington, and it’s not good.

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Unfortunately, another restaurant closes in Wellington.

Interesting story of a business surviving in tough times.

In Tauranga, Grey Street is going one-way, and businesses have a strong opinion on this.

It’s really tough for businesses and building owners at the moment. Earthquakes, Covid, Work from home, Online shopping and the economy conditions are providing management headaches. We are seeing retail and office sector hurt the most!

Remember community, this real estate community platform was created by the team at NEW KIDS to provide support. There will be good and positive stories out there so lets get some positive news to inspire all us running a business.

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