NZ industrial property offers ‘good returns’, analyst says

Fri, 25 May 2018

By Andrew Bevin May 25 (BusinessDesk) - New Zealand industrial property is offering investors “good returns”, growing faster than office and retail sites, a trend that’s been picked up on by some of the nations’ biggest listed property investors. Over the past fortnight, three NZX-listed real estate investors indicated a desire to raise their exposure to industrial property. Argosy Property expects to have almost half its portfolio invested in the sector at the expense of retail, Goodman Property Trust will be almost completed invested in...

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