H 1 2021 transaction volumes were close to the six monthly average observed over the past five years
Office and industrial sales lead the New Zealand market The top three largest sales above 100 million were office assets
Vacant land/development sites show a lift in sales volumes
Singapore based investors were the most active of the offshore groups, with a smaller proportion of investment by Malaysian and Australian buyers
Investment activity is dominated by private buyers 52 followed by institutions 34 and syndicates 7 However, privates are net sellers, while institutions and syndicates are net buyers
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