Record $600m spent building Auckland apartments this year

  • A record 1216 new apartments worth more than $600 million will be completed this year in Auckland’s central business district – the highest this decade, research shows.

Zoltan Moricz, senior director and head of research at real estate agents and consultants CBRE New Zealand, said 343 new units had already been completed this year in the heart of the city, not counting suburban projects.

READ MORE VIA NZHERALD

[Source: Zoltan Moricz, CBRE]

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