Christchurch prices wholesale deal but margin sends Auckland Airport to retail
- Tuesday, 03 November 2009
Two recent deals in New Zealand illustrate the delicate dynamics of the country's retail and wholesale markets, with Christchurch City Council (Christchurch)'s AA+ NZ$50 million (US$35.95 million) 2012 transaction placed with institutional buyers while the NZ$125 million 2014 from Auckland International Airport (Auckland Airport) (A-) attracted predominantly retail demand.
