40% of of Sydney CBD office sales bought by foreign investors: Savills
Staff ReporterDecember 7, 2020
Sydney CBD office sales increased 78% to the year ending June 2015 when compared to the previous year, according Savills Research.
Sales totalled $5.8 billion, with $2.4 billion from foreign investment, approximately 40%.
Leasing deals were down compared to the previous 12 months, with 47% of leases in the western part of the CBD. The finance and insurance sector was responsible for 45% of leases.