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Recent Deals
Colliers Portfolio Issue 4
Welcome to the fourth edition of Colliers Portfolio for 2023.
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As we edge closer to spring, there were some notable transactions in recent weeks that were brokered by Colliers, suggesting we may be heading for a busy second half of the year.
This activity has been driven by returning investor confidence as the Reserve Bank of New Zealand has signalled that interest rates are unlikely to rise further as they have halted any changes to the Official Cash Rate.
The continued settling of expectations among vendors and purchasers bodes well for market activity as these parties find more common ground.
Owner-occupiers remain a popular type of purchaser for banks because they can borrow against the financial strength of their business, and we have seen these buyers remain active in the market as they seek high-quality offerings.
Our latest edition of Portfolio features a wide array of properties, including a large-scale industrial building with established tenants in West Auckland that could eventually be developed and an outstanding passive investment opportunity in South Auckland that is home to a fast food favourite of New Zealanders.
Thank you for your continued interest in Colliers Portfolio, our national sales team looks forward to speaking with you about your property requirements.
David Burley Auckland Director | Investment Sales
