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Ports a catalyst for industrial property

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Sales of land for logistics purposes related to its port operations are booming at Napier. Sales of land for logistics purposes related to its port operations are booming at Napier. Photo / Supplied

The growth in tonnage volumes being freighted through New Zealand's major sea and inland ports — combined with greater operational efficiencies initiated by logistics firms, importers and manufacturers —   is creating new opportunities for the country's regional industrial property markets reports the NZHerald.

The New Zealand Ports and Freight Yearbook 2018 produced by accountancy firm Deloittes, says the country's two major container ports — in Tauranga and Auckland — continue to be the dominant players in the market, with a combined market share of 62 per cent of all containers handled last year, while all New Zealand ports increased container throughput in 2017. . .