Commercial Market Update – Christchurch Cityscope March 2019

The latest research from Christchurch Cityscope shows that commercial property sales’ value in Christchurch’s CBD have significantly decreased in the past three months.

For the three months to March 2019 there were 7 sales at a total value of $13.1 million, compared to 13 sales at a total value of $36.9 million for the previous quarter. The latest data brings the twelve-month sale total to $209.2 million, a decrease from the previous 12 months when sales totalled $212.7 million.

The…