Sale of shops typifies new yield levels
Six per cent yields are becoming increasingly common, JLL's Chris Hardin says.
The sale of a block of small shops in Avondale, Auckland, is an example of the kind of yields currently being achieved when the right buyer comes along.
It is a relatively modest investment at $2.7 million – the level where the majority of transactions are consummated.
The Chinese buyer prepared
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Chris Hutching
Mon, 29 Feb 2016
Mon, 29 Feb 2016
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Sale of shops typifies new yield levels
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