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JLL monitors all real estate sales transactions across New Zealand above NZD 5 million. This report monitors the office, industrial, retail and mixed sectors.
2014 was a stellar year for commercial property. Strong demand for higher yields, combined with better outlook and excess capital, has led to a historic level of sales being completed. While the office sector led the way, it was a notable year for the retail segment too. 2014 also saw international capital on a large scale introduced to the market, sending the sales totals to a new high.
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09 April 2015