Offshore investors renew interest

Bayley's Real Estate is stepping up its offshore marketing activity in response to increasing international interest in New Zealand commercial and industrial property, particularly out of Southeast Asia.

David Bayley, the company's executive director, and senior broker James Chan have recently returned from visits to Singapore and Hong Kong, respectively, marketing a selection of substantial New Zealand commercial properties. They have also re-established contact with several long-standing clients.

Bayleys is also putting together an Investment New Zealand portfolio of property to market in a number of offshore destinations. This will include a mix of higher-value New Zealand office, retail, industrial, coastal and rural offerings.

Bayley says the main focus of the company's marketing activity this year is in Southeast Asia and particularly Singapore, Hong Kong and mainland China because this is where most international interest in New Zealand property is coming from.

To read the full NZ Herald article click here

Posted: 4 Apr 2009

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