It's all about commercial property
The Kiwibank Economists are back for their 12th episode of Markets, Mystics and Mayhem. This episode is all about the Kiwi commercial property. Just like the housing market, commercial property has been hit hard by the Reserve Bank’s heavy handed hikes. But the downturn across commercial property goes beyond a story of high interest rates. Since Covid, and the lockdowns that followed, behavioural shifts like working from home and the rise of online shopping has added extra headwinds to the commercial property landscape. The Kiwibank Economists discuss what’s happening, and what’s in store for retail, offices and industrial properties. Hosted by Jarrod Kerr, Mary Jo Vergara and Sabrina Delgado. Follow their economic commentary & insights here: https://www.kiwibank.co.nz/business-banking/thrive-hq/kiwi-economics/commentary-insights/ Any views or information shared in this podcast, while given in good faith, aren't necessarily the view of Kiwibank.