$28 billion commercial property sales up 20%: Savills Australia

$28 billion commercial property sales up 20%: Savills Australia
$28 billion commercial property sales up 20%: Savills Australia

More than $28 billion worth of commercial property - office, industrial and retail - has been transacted in the 12 months to June nationally, up nearly $5 billion or 20% on last year’s figure, with foreign investors taking 24%, according to Savills Australia’s latest research.

Retail was the big mover with $7.4 billion worth of transactions, up 26% on the same period last year, according to Savills Australia’s national head of research, Tony Crabb.

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 billion commercial property sales up 20%: Savills Australia

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Commercial Office

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