Commercial Market Update (Dec 2016) – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial property sales in Christchurch’s CBD have increased in the past three months. For the three months to December 2016 there were 12 sales at a total value of NZ$63.4 million, compared to 12 sales at a total value of NZ$15.8 million for the previous quarter.

The latest data brings the twelve-month sale total to NZ$146.6 million, a decrease from the previous 12 months when sales totalled NZ$154.6 million.

The table below…