Close to a quarter of a billion dollars in commercial property sales in the second half of last year, is the highest level for Christchurch since the GFC and post-earthquake, according to latest research published by CBRE.
• 41% of the $242 million in sales volume was within the office market with an increase in levels of transactions over $5 million.
• The buyer market was split among private investors (31%), syndicates (28%) and institutions (20%)
• There is sustained activity particularly in the west of the city, as industrial occupiers look to expand and capitalize on land availability, low interest rates and business growth.
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