The strength of the property market is not just confined to houses, with demand for commercial, industrial, hotel and retail properties at unprecedented levels and prices rising strongly.

That's showing through in the performance of listed property companies, which in the past couple of weeks have reported hefty valuation gains and improved revenues.

Goodman Property Trust chief executive John Dakin said there was no shortage of buyers for properties which his company was looking to sell.

Meanwhile, Augusta Capital's taking advantage of the property market strength to drive its transition from a property owner and manager to a fund manager.

The company's buying properties which it then uses as the basis for investment syndicates.

Augusta's managing director Mark Francis said investors were being attracted by strong market returns.

Source:radioNZ