Related News
Home » Business » Real Estate
Chinese keen on houses in Canterbury
Print Edition
CHINESE investors and migrants are increasingly buying up homes in New Zealand’s South Island region of Canterbury, where the economy is booming as it rebuilds from the earthquakes of 2010 and 2011, a real estate firm said yesterday.
Bayleys Canterbury said it had identified a growing trend in sales data, and the company itself had been involved in the sale of 24 homes and “a large number” of land sections to Chinese buyers over the past six months.
The company had taken a portfolio of properties to the Luxury Property Showcase exhibition in Shanghai in December, where many inquiries focused on the education opportunities in the regional seat of Christchurch, Bayleys Canterbury’s General Manager Pete Whalan said.
“Many of those expo attendees we spoke to in Shanghai were aware of the economic boom currently being experienced in the wider Canterbury region as part of the earthquake rebuilding, and they are keen to be part of that from an investment perspective given the strong demand for rental accommodation,” he said.
Canterbury was shaken by a magnitude-7.1 quake on September 4, 2010, and a magnitude-6.3 quake that killed 185 people in Christchurch in February 2011.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
