Influx of foreign property investors and developers likely this year
Only experienced investors/developers will be able to access capital or equity for major projects.
Sally Lindsay
Mon, 13 Feb 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
More overseas investors are likely to come into New Zealand’s property sector this year while the OCR stays at its existing level and despite rising interest rates.
As banks tighten up their lending criteria Colliers International’s research director Chris Dibble says only experienced investors
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Sally Lindsay
Mon, 13 Feb 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.