New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Residential consents decreased significantly month-on-month and year-on-year, indicating ongoing challenges for the sector.</li><li>Non-residential consents show a mixed performance with some positive signs in office and education sectors, though overall trends remain downward.</li><li>Fletcher Building reports slow sales in residential areas and reduced commercial spending, with no significant improvement expected in market conditions until 2026.</li></ul>

Residential consents decreased significantly month-on-month and year-on-year, indicating ongoing challenges for the sector.Non-residential consents show a mixed performance with some positive signs in office and education sectors, though overall trends remain downward.Fletcher Building reports slow sales in residential areas and reduced commercial spending, with no significant improvement expected in market conditions until 2026.

Building Sector NZ Consents—Bouncing Along the Bottom