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RLB CRANE INDEX®

Q1 2024 NEW ZEALAND WELLINGTON
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RLB CRANE INDEX®

111
-22 (16.7%)

Wellington’s RLB Crane Index® value fell from 133 points in the last edition to 111 points.

Q1 2024

RLB CRANE INDEX®

WELLINGTON

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Q1 2024

Highlights

Wellington’s RLB Crane Index® value fell from 133 points in the last edition to 111 points. There are now 10 long-term cranes on projects in the Wellington region, down from 12 cranes in the previous edition.

Three new cranes were placed on sites at the following projects:

  • 61 Molesworth Street
  • Ferry Terminal (two cranes)

Five long-term cranes were removed from:

Residential

  • 212 Apartments
  • 34 Haining Street
  • Oxford Terrace

Aged Care

  • Summerset Boulcott (Lower Hutt)

Civil

  • National Archives

Overall building work done in the Wellington region decreased slightly by 0.6% in 2023, to reach $3.2bn. Building consents also fell by 16% over the same period; in 2022 there was a total of $2.7bn of work consented, compared to $2.3bn in 2023.

Q1 2024

Summary

Region Change
WELLINGTON -2
Sector Change
AGED CARE -1
CIVIC N/A
CIVIL -1
COMMERCIAL 3
DATA CENTRES N/A
EDUCATION 0
HEALTH 0
HOTEL N/A
MIXED USE N/A
RECREATION 0
RESIDENTIAL -3
RETAIL N/A
Increase in number of cranes
Decrease in number of cranes
Crane numbers steady

Q1 2024

Crane Activity

By Region

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q3 2023 % NET Q1 2024 %
WELLINGTON 12 8.3% 3 -5 -2 10 7.2%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q3 2023 % NET Q1 2024 %
AGED CARE 1 8.3% 0 -1 -1 0 0.0%
CIVIC 0 0.0% 0 0 0 0 0.0%
CIVIL 2 16.7% 0 -1 -1 1 10.0%
COMMERCIAL 0 0.0% 3 0 3 3 30.0%
DATA CENTRES 0 0.0% 0 0 0 0 0.0%
EDUCATION 2 16.7% 0 0 0 2 20.0%
HEALTH 1 8.3% 0 0 0 1 10.0%
HOTEL 0 0.0% 0 0 0 0 0.0%
MIXED USE 0 0.0% 0 0 0 0 0.0%
RECREATION 2 16.7% 0 0 0 2 20.0%
RESIDENTIAL 4 33.3% 0 -3 -3 1 10.0%
RETAIL 0 0.0% 0 0 0 0 0.0%
TOTAL 12 8.3% 3 -5 -2 10 7.2%

RLB CRANE INDEX®

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