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NZ: New buildings could affect commercial property values: ING

Posted on 25 August 2010

From Nzherald.co.nz: Reduced market rental levels as new buildings are completed could affect property values in the commercial office sector, ING Property Trust says.

Mike Smith, the chairman of the manager to the ING Property Trust, told the trust’s annual meeting there was little doubt the market would continue to be challenging for the year ahead…………………………………….Full Article: Source

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