Commercial Market Update (Mar 2017) – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial property sales in Christchurch’s CBD have decreased in the past three months. For the three months to March 2017 there were 6 sales at a total value of $62.6 million, compared to 15 sales at a total value of $72.6 million for the previous quarter.

The latest data brings the twelve-month sale total to $167.8 million, a decrease from the previous 12 months when sales totalled $173.1 million.

The table below shows sales…