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Investment in Hamilton showing strong signs

Investment in Hamilton showing strong signs


A new survey showing reduced vacancy rates for central city retail sites is a positive economic sign for Hamilton, says Mayor Julie Hardaker.

A CB Richard Ellis occupancy survey shows vacancy rates for retail space in Hamilton’s central business district at 11.3 per cent for December 2011, down from 12.7 per cent for June 2011 - the equivalent of more than 10,000 square metres.

Ms Hardaker says she is pleased to see the retail vacancy figure at its lowest point in three years.

“Since 2004, the CBD retail vacancy figure – especially those on the fringe – have significantly increased, but this result is a very positive sign, and what we want to see.”

To read the full Media Release online, visit this page:
http://hamilton.co.nz/news/pageid/2145875380/Investment_in_Hamilton_showing_strong_signs

 
 
 
 
 
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