Report

Christchurch - New Development Monitor May 2026

June 4, 2026 11 Minute Read

Christchurch's active development pipeline comprises 28 office, retail, and industrial projects for which
construction has either commenced or is scheduled to commence in the near term. Collectively, these projects
are expected to deliver approximately 96,000 sqm of new commercial stock. The industrial sector accounts for
the largest share of the pipeline, contributing 40% of total new stock, or approximately 39,000 sqm. Retail
developments represent 36% (approximately 34,000 sqm), while office developments comprise the remaining
24%, equating to approximately 23,000 sqm.
Rolleston and Hornby are the most active precincts for industrial developments, each with 7 projects, totaling
circa 23,000 sqm and 11,000 sqm respectively. The other precincts with active new developments are Middleton
(2 projects, providing circa 4,000 sqm) and Bromley (1 small project). Of the six new office developments, five are
in Christchurch Central — three new builds and two major redevelopments. The suburban office market has one
active project: 6 Hazeldean Road in Addington, a major redevelopment of over 6,500 sqm.
In terms of pre-commitment, retail shows the highest level (44%), driven by fully committed large format retail
centres, followed by industrial (29%) and office (4%).