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Property

Hotspots of skills in demand

PR image - construction workers

Low vacancy rates, positive investment conditions and activity across both the retail and industrial sectors will continue to fuel vacancy activity. Add an increase in public sector spending in Auckland, the continued Christchurch CBD rebuild, the replacement of demolished buildings in Wellington and a growing population, and vacancy activity is high in all major cities. 

Given this, hotspots of skills in demand are emerging. Demand will be high for Commercial Property Brokers with office leasing experience. Demand exists from the graduate entry-level through to Brokers with many years of experience. There are always strong job opportunities available for such professionals.

Experienced Residential and Commercial Development Managers are also sought to scope feasible project opportunities, take projects through to resource consent and project manage the developments. Demand has filtered through to the public sector in response to initiatives such as KiwiBuild and the Government’s investment in schools and hospitals.

The increase in new property developments will continue to drive up demand for experienced Property Managers and Client-Side Project Managers in both the public and private sectors. Client-Side Project Managers are key to the delivery of these projects and a highly experienced industry professional will see their value increase. Property Managers are also increasingly in demand to ensure tenants are well looked after and the maximum revenue possible is obtained for each property. Those with strong relationships and networking skills are valued. Experience, credibility and reputation also factor favourably in hiring decisions.

There is a shortage of Registered Valuers that cannot be eased in the short-term since professional registration requires many years of training. As a result, demand will continue to outstrip supply.

Demand is also high for Leasing Managers as the retail and commercial sectors look for more optimum space.

Employers continue to value candidates with strong local market knowledge in leasing, sales and property management. Given the positive construction market, with more offices, industrial units and retail sites to manage, lease or sell, employers continue to value candidates with relevant New Zealand experience.

Salary trends

With an active property market and significant staffing demand in all major cities, salaries have increased at all levels, from entry-level up to the most experienced property professionals. 

Jobseeker advice

Before applying for a role, ensure you have a clear understanding of the experience required. On your CV, include a summary of key portfolios.

Senior and intermediate Property Managers should share examples of how you have implemented strategic cost saving initiatives. Employers also want to see examples that demonstrate your ability to meet or exceed key stakeholder expectations in challenging or complex commercial environments.

A growing trend is the need for candidates with a proven ability to positively impact staff engagement, reduce turnover and nurture a positive culture. This requirement will increase as skill shortages intensify.

When looking for your next job, determine what is important to you. Consider what is non-negotiable as well as the factors where you can be flexible. This includes salary, benefits, location and responsibilities.

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