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Foreign ownership of office towers jumps

From 10% two years ago, foreigners now own 28% of the top office towers in Auckland and Wellington.

Chris Hutching
Mon, 05 Oct 2015

In 2013, only 10% of Auckland and Wellington’s prime central business district office stock was fully or partially owned by offshore interests.

This year it has reached 28%.

Colliers researchers say the decline in the New Zealand currency, with further declines forecast, is likely to stimulate

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Chris Hutching
Mon, 05 Oct 2015
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Foreign ownership of office towers jumps
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