Abstract
The dynamics of commercial property portfolio peljormance in New Zealand have changed considerably in recent years, with most of these dynamics working in favour of commercial property in an investment portfolio. Commercial property is shown to have low risk and provide portfolio diversification benefits. The impact of valuation-smoothing on property risk is not seen to be as critical a factor than for other countries (eg: Australia). This investment analysis further reinforces the strategic contribution of New Zealand.
| Original language | English |
|---|---|
| Journal | New Zealand Property Journal |
| Publication status | Published - 2005 |
Keywords
- New Zealand
- investments
- real property
- valuation