10.11.2014 - Goodman Group and Singapore's sovereign wealth fund, GIC invest in Auckland's Viaduct Precinct
Investment in New Zealand's property market is on an upward trajectory with a number of Australian-based joint ventures, public floats and residential projects be readied for completion in the short to medium term. While the "cross border" trans tasman cash flow is not new, for the past few years its been more west to east, than the reverse. The trigger has been the improving market conditions in the main centres of Auckland and Wellington and the weight of money in the investment world seeking out higher yields in a low interest rate environment...............................................Full Article: Source
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