RLB CRANE INDEX®
In Wellington, the RLB Crane Index® rose from 100 points to reach 133 points. This rise in the index was the first since the high of 200 index points in Q1 21, five editions ago.
Q3 2023
Highlights
In Wellington, the RLB Crane Index® rose from 100 points to reach 133 points. This rise in the index was the first since the high of 200 index points in Q1 21, five editions ago. There are now 12 long-term cranes on projects in the Wellington region, up from nine in the previous edition.
Seven new long-term cranes were placed on sites at the following projects:
- Living Pa, 46 Kelburn Parade (Education)
- Te Matapihi Library (Education)
- Southern Cross Hospital (Health)
- NaeNae Pool Redevelopment, Lower Hutt (Recreation)
- Waterfront cycleway, Near Ngauranga Intersection (Recreation)
- Alpha Street (Residential)
- Oxford Terrace (Residential)
Four cranes were removed from:
- Jackson Holdings Apartments, Lower Hutt
- City Council social housing project
- Wakefield Hospital
- 126 Lambton Quay
Cranes remain on:
- National Archives (two cranes)
- 212 Willis Street Apartments
- Haining Street
- Summerset Boulcott, Lower Hutt
Total consents within the Wellington region for the twelve months to June 2023 amounted to $2.5b, down by 3.4% from the previous twelve months. Residential consents were down by $220m or 12.0% and non-residential up by $130m or 16.2%. Strong gains were seen in the offices, education, health, and other sectors.
Q3 2023
Summary
| Region | Change | |
|---|---|---|
| WELLINGTON | 3 | |
| Sector | Change | |
|---|---|---|
| AGED CARE | 0 | |
| CIVIC | N/A | |
| CIVIL | 0 | |
| COMMERCIAL | -1 | |
| DATA CENTRES | N/A | |
| EDUCATION | 2 | |
| HEALTH | 0 | |
| HOTEL | N/A | |
| MIXED USE | N/A | |
| RECREATION | 2 | |
| RESIDENTIAL | 0 | |
| RETAIL | N/A | |
Q3 2023
Crane Activity
By Region
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2023 | % | NET | Q3 2023 | % | |||
| WELLINGTON | 9 | 5.7% | 7 | -4 | 3 | 12 | 8.3% |
By Sector
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2023 | % | NET | Q3 2023 | % | |||
| AGED CARE | 1 | 11.1% | 0 | 0 | 0 | 1 | 8.3% |
| CIVIC | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| CIVIL | 2 | 22.2% | 0 | 0 | 0 | 2 | 16.7% |
| COMMERCIAL | 1 | 11.1% | 0 | -1 | -1 | 0 | 0.0% |
| DATA CENTRES | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| EDUCATION | 0 | 0.0% | 2 | 0 | 2 | 2 | 16.7% |
| HEALTH | 1 | 11.1% | 1 | -1 | 0 | 1 | 8.3% |
| HOTEL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| MIXED USE | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| RECREATION | 0 | 0.0% | 2 | 0 | 2 | 2 | 16.7% |
| RESIDENTIAL | 4 | 44.4% | 2 | -2 | 0 | 4 | 33.3% |
| RETAIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| TOTAL | 9 | 5.7% | 7 | -4 | 3 | 12 | 8.3% |
RLB CRANE INDEX®
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