Ikea and AI help drive $2.7b of commercial deals
Commercial deal-making is still down on last year, however, Jones Lang Lasalle says.
Auckland is one of the most expensive cities to locate data centres.
Commercial realtor Jones Lang Lasalle expects large commercial property deals to hit $2.7 billion this year, roughly doubling the $1.4b transacted to June across 73 sales.
To date, $249 million has involved offshore buyers, equating to about 17% of purchases above the $5m level.
The lion’s share of
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