commercial property


PHOTO: JASON DORDAY/STUFF Auckland prime office buildings have been most attractive to international investors.

Real estate specialists CBRE NZ say it’s a good time for commercial property investors to be thinking about whether they sell their properties.

Billions of dollars were available to buy large commercial properties in New Zealand but not enough vendors were willing to sell, their new report says.

CBRE’s New Zealand Market Liquidity research report talks about liquidity – the ability to buy and sell when needed  – and says “timing can be everything” and can determine success or failure when entering or exiting a property or property market.

“When an investor decides to exit a market the primary influence of success is liquidity and the time to think about this is on the way in,” the report says.