Ray White Commercial agents have sold a Blockhouse Bay property on a yield just over 4%, a day after offers closed under a set date of sale process.
Ray White Commercial
Property for Industry Ltd has bought MaxiTRANS Industries Ltd’s 2.4ha Takanini manufacturing & service facility for $17.2 million in a sale & leaseback deal negotiated by Ray White Commercial.
Ray White Commercial agents have signed leases on a Newmarket office & a Kingsland warehouse this week.
Ray White Commercial senior analyst Brendan Keenan put the inflow of Chinese capital into perspective this week, saying its scale & speed were unprecedented.