Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Malls, convention centres drive commercial building consents

Shopping malls and convention centres drive commercial building consents – Media release

11 January 2019

Building consents for big commercial buildings, including shopping malls and convention centres, increased strongly in the year ended November 2018, Stats NZ said today.

The value of building consents issued for shops, restaurants, and bars; social and cultural buildings; factories; and farm buildings all increased between $100 million and $300 million over the period.

“An increase in the intention to build more shops and social buildings was partly due to large consents for Auckland and Christchurch convention centres, and shopping malls in Auckland,” construction statistics manager Melissa McKenzie said.

“Construction costs rise each year, but even accounting for price rises, there was a significant increase in the value of shops and social buildings consented in the year ended November.”

Non-residential consents issued exceeded $7 billion for the first time on record in the year ended November 2018.

The value of offices and public transport buildings consented for the year had the largest fall, down $351 million from the November 2017 year.

Ends


The Government Statistician authorises all statistics and data we publish.

For more information about these statistics:
• Visit Building consents issued: November 2018
• See CSV files for download

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

9.3 Percent: Gender Pay Gap Unchanged Since 2017

“While it has remained flat since 2017, the gender pay gap has been trending down since the series began in 1998, when it was 16.2 percent,” labour market statistics manager Scott Ussher said. More>>

ALSO:

Ex-KPEX: Stuff Pulls Pin On Media Companies' Joint Ad-Buying Business

A four-way automated advertising collaboration between the country's largest media companies is being wound up after one of the four - Australian-owned Stuff - pulled the pin on its involvement as part of a strategic review of its operations ... More>>

Bus-iness: Transdev To Acquire More Auckland And Wellington Operations

Transdev Australasia today announced that it has agreed terms to acquire two bus operations in Auckland and Wellington, reaching agreement with Souter Investments to purchase Howick and Eastern Buses and Mana Coach Services. More>>

ALSO:

Māui And Hector’s Dolphins: WWF/Industry Counter Offer On Threat Management Plan

Forest & Bird says WWF-NZ's plan for protecting Māui dolphins is based on testing unproven methods on a species that is almost extinct, and is urging the Government to reject the proposal. More>>

ALSO: