Wellington tops Asia-Pacific for commercial investment: RICS survey

Wellington tops Asia-Pacific for commercial investment: RICS survey
Paul McBeth
By Andrew Bevin May 15 (BusinessDesk) - Wellington city’s strong demand for commercial real estate and lack of available space put it at the top of the latest Royal Institute of Chartered Surveyors’ Asia Pacific market update. CBRE research analyst Richard Carr said Wellington is seen as the best investment destination in the region for investor and occupier sentiment, second best for rental and capital expectations, and is among the best in the world based on the RICS survey. Over the past 12 months, CBRE was involved in the sale of four...