Real estate specialists CBRE NZ say it's a good time for commercial property investors to be thinking about whether they sell their properties. KEVIN STENT/STUFF Wellington is as liquid a commercial property market as Auckland, CBRE says. READ MORE:* Wellington commercial and industrial property a "compelling" investment, says real estate specialist* Commercial property sales fall nearly 40 per cent in the first half of 2019 to $1.89 billion* Soft landing for commercial property rather than a crash, experts sayCBRE said its 20 marketing campaigns over 2.5 years to mid-2019 offering $1.3 billion of large scale commercial property attracted $8.2b of bids, with nearly $6.9b of investment money "unsatisfied". Lawrence Smith CBRE NZ executive chairman Brent McGregor says there are a lot more buyers than sellers for commercial property. Wellington was as liquid a property market as Auckland.

Source: Stuff October 09, 2019 01:18 UTC