Market Lens: NZ Lease Lengths in Focus 2025

Flexibility Takes Centre Stage

See how shorter leases are reshaping office, retail, and industrial property across New Zealand and what this means for your leasing strategy.

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The hidden risks and opportunities in shorter leases
How tenant expectations are evolving in each sector
Practical strategies to reduce vacancy and income volatility
Future market direction for the year ahead and beyond

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Key Findings Preview

Office: Lease lengths fell 20.5% in just one year, dropping to 31 months on average.
Retail: Average terms contracted by 16.3%, with short leases increasingly common.
Industrial: Lease lengths declined 20%, as flexibility becomes a tenant priority.

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What you will find inside:

Unmatched Market Data
Proprietary lease analytics covering 2019–2025 trends.
Sector-Specific Insights
Clear breakdowns for office, retail, and industrial property.
Strategic Guidance
Forecasts and recommendations for property owners and investors.

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