The return of white collar workers to Christchurch’s central city has been the catalyst for a surge in commercial property sales.
CBRE’s Christchurch manager Tim Rookes said $242 million in sales in the second half of 2016 was the highest level for Christchurch since the 2011 earthquakes.
Forty one per cent of the sales were in the office market and the buyers were split between private investors (31 per cent), syndicates (28 per cent), and institutions (31 per cent). Check out the full story.
