Wednesday, April 20, 2016

CBRE: Kiwi investors - not Chinese - fuel commercial property boom - CBRE - NZ Herald News

Chinese investors, often the source of controversy, are focusing far more on the US, Australia and the UK - with Kiwi investors most active in the New Zealand commercial property market, according to new research by global real estate giant CBRE. "While some are fixated on Chinese investment, our research shows that, of a total US$15 billion of Chinese external global property investment in 2015, New Zealand saw 1 per cent of that total. That compares to 30 per cent going into the US, 24 per cent into Australia and 12 per cent into the UK," says Andrew Stringer, CBRE NZ's National Director Capital Markets. But, led by active Kiwi investors, the boom in commercial property investment (2015 saw more commercial properties in New Zealand bought and sold than even before the Global Financial Crisis) is set to continue, says Stringer.
from Tama Josephs, Real Estate, Manukau City http://ift.tt/1MJ1DOh
via IFTTT

No comments:

Post a Comment