Commercial Market Update – Christchurch Cityscope June 2020

The latest research from Christchurch Cityscope shows that commercial property sales’ value in Christchurch’s CBD has decreased in the past three months.
 
For the three months to June 2020 there were 7 sales at a total value of $10.9 million, compared to 11 sales at a total value of $35.6 million for the previous quarter. The latest data brings the twelve-month sale total to $124.2 million, a decrease from the previous 12 months when sales totalled $153 million.

The table below shows…