An office building has sold for 27 million dollars in Christchurch's central business district
An office building has sold for 27 million dollars in Christchurch's central business district
1 February 2021
Anderson Lloyd House was bought by Tauranga's Property Funds Management - which raised nearly 38 million from investors last June to buy the Tuam Street.Vodafone Building.
Colliers International agent Mark Macauley says investors are clamouring for exactly this type of building, with its top tenants.
He says Covid 19 has done little to slow the market.
Christchurch office vacancy levels are at their third lowest since 1993.
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