In relation to both commercial and industrial property the key words are both cash and income. In the past when demand for commercial industrial properties were strong capitalisation rates and yields fell quite markedly with prime retail property down as low as 5% through to 7%.

  Recent sales information publicised by the Real Estate Institute in the latter months of the year 2009 report a number of good quality residential properties in the Takapuna/Milford location selling in excess of $2,500,000. Demand has returned to the marketplace and many of these properties have been offered for sale for some considerable time without attracting a successful purchaser. However it is noted to several real estate organisations actively marketing these expensive properties that there is a renewed level of enquiry and activity.