• redirect pin user minus plus fax mobile-phone office-phone data envelope globe outlook retail close line-arrow-down solid-triangle-down facebook globe2 google hamburger line-arrow-left solid-triangle-left linkedin wechat play-btn line-arrow-right arrow-right solid-triangle-right search twitter line-arrow-up solid-triangle-up calendar globe-americas globe-apac globe-emea external-link music picture paper pictures play gallery download rss-feed vcard account-loading collection external-link2 internal-link share-link icon-close2

    Thermodynamics & Property Cycles

    New Zealand Major Report | November 2016

    This report provides an estimation of timing for the current market's peak, together with vacancy and absorption projections through an innovative and unique approach.

    During the initial phases of property market cycles the demand for space grows. This in turn results in new construction being undertaken and subsequent stock increases. The model presented in the paper allows us to estimate the cycle generated demand and compare it with the known and expected space supply.

    Subsequently, the vacancy resultant from oversupply of space is assessed at the closing stages of a cycle. Finally, the techniques developed in the paper allow for an estimation of market peak timing.

    The report discusses office and industrial sectors in detail, providing estimations of cyclical market characteristics for each of these in turn.

    Thermodynamics & Property Cycles


    Moshe Szweizer
    Senior Research Analyst
    New Zealand
    +64 9 359 5428