OCTOBER 2012 - DURATION: 07:17
Zoltan Moricz, Head of New Zealand Research, CBRE
Zoltan Moricz looks at New Zealand, whose economy continues to perform well in contrast to the more subdued global economy. The main driver is the rebuilding work taking place in Christchurch in the wake of the 2011 earthquake. In New Zealand’s investment market, the investor base continues to broaden, with local institutional purchasers entering the market along with offshore buyers.