Danny Blair is Hawke’s Bay’s leading commercial real estate agent.
Having worked in commercial real estate since 2006, Danny is a Director and shareholder of Colliers Hawke’s Bay And Taupo. Danny has been involved in multiple transactions throughout the past decade, specialising in sales and leasing solutions for corporate tenants, government agencies, investors and developers alike.
This year is shaping up to be another stellar 12 months for commercial and industrial property in the Hawke’s Bay. Investor confidence remains high and market activity is strong on the back of an outstanding 2019. Yields are likely to compress further on the back of record lows in 2019.
Commercial and industrial property investors see positive investment conditions over the next 12 months in Napier and Hastings, according to the latest Colliers International commercial property investor confidence survey. A net positive (optimists minus pessimists) 25 percent of respondents expect investment conditions to improve over the next 12 months, which
Now that the debate about the introduction of a comprehensive capital gains tax is out of the way, we expect confidence to build further in the commercial property sector over 2019. Starting with such a strong base to grow from, with over $138 million in commercial property sold in 2018,
All indicators are pointing towards the market building on the momentum created over the last two years. After a strong finish to 2018 with over $138M commercial property sold by Colliers Hawke’s Bay, a substantial pick up from $116M the previous year, and over 88 leases concluded, generating over $4.4M
Danny Blair is a director and commercial real estate agent with Colliers Hawke’s Bay.
He has over 12 years’ experience in the commercial real estate industry and has been involved in many high profile transactions throughout the past decade. He specialises in sales and leasing solutions for, investors, developers and corporate tenants alike.
Email Danny at Danny.Blair@colliers.com
