PHOTO: SUPPLIED

An aerial photo of the seven office buildings on Fanshawe Street, Auckland, in the VXV Portfolio. The tenants include Air New Zealand, KPMG, Microsoft/HP, Auckland Transport, Fonterra, Datacom and Bayleys.

The annual roundup of the biggest commercial property deals was undoubtedly a one-horse race in 2018 – the massive $635 million sale of the VXV portfolio of seven office buildings on Auckland’s waterfront won hands down.

It’s not the biggest property deal ever, agents say, and point to Canadian pension plans in 2014 buying AMP Capital’s portfolio of properties for about $1 billion, but a huge deal nonetheless.

READ MORE VIA STUFF

 

Advertising Rates