Greg Ninness is the Property Editor of interest.co.nz. He has worked as a business journalist since 1990 and covered the commercial and residential property markets since 2005.
Buyers were cautious at this week's City Sales apartment auction, held just a couple of hours after the RBNZ announced tight new LVR rules for investors
Buyers were cautious at this week's City Sales apartment auction, held just a couple of hours after the RBNZ announced tight new LVR rules for investors
Commercial properties sold by NAI Harcourts and Colliers went for $530,000 - $1.875m, achieving net rental yields of 5.67% - 9.74% for their new owners
Commercial properties sold by NAI Harcourts and Colliers went for $530,000 - $1.875m, achieving net rental yields of 5.67% - 9.74% for their new owners