Commercial deals sneak back onto investors' radar

Earthmover: syndicators are showing signs of life. (Image: Classic Collectives)

Tue, 12 Dec 2023

Market conditions remain tight for the private commercial investment market, but improving investor sentiment showed signs of life during the latter part of the year, with syndicators putting their toes back into the water.Centuria New Zealand, which opened a raise for a self-storage asset at College Hill last month, said it's "on track" to reach its $23 million target. A Centuria spokesperson said because it remained "harder going" in the current high-interest rate environment, offers of this calibre had to "s...

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