New Zealand Commercial Real Estate Attracting Renewed Investor Interest
New Zealand commercial real estate is providing private investors with opportunities to acquire attractive assets. With low interest rates and bargain pricing, the turnaround by trusts and institutions to sell indicates the equity and credit available to interested and informed buyers. See the following article from Property Wire for more.
Commercial property investment in New Zealand is seeing renewed interest from private investors who are snapping up millions of dollars of assets in the wake of the recession, according to analysts.
Sales in both Auckland and Wellington are increasing as buyers take advantage of low interest rates and the re-pricing of prime assets, according to Bruce Whillans, institutional investment properties national director for property consultants CB Richard Ellis.
Sales in both Auckland and Wellington are increasing as buyers take advantage of low interest rates and the re-pricing of prime assets, according to Bruce Whillans, institutional investment properties national director for property consultants CB Richard Ellis.
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