Melbourne's North West sees high industrial property transactions

Melbourne's North West sees high industrial property transactions
Melbourne's North West sees high industrial property transactions

A total of 135 industrial properties were sold over the year to December 2015 with a total value of $,1,894 million, with Melbourne's North West region netting the greatest dollar volume, according to Savills.

According to Savills, Melbourne’s South East recorded the most number of transactions in the year to December 2015 with 74 (55 percent of all sales), with North West region having the greatest dollar volume with 52 percent of the total transaction value for the year.

Foreign investors and institutions represented the largest buyer categories in the North West by value of all stock, at 24 percent and 56 percent respectively.

Private investors made up 11 percent of total sales volume.

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Melbourne's North West sees high industrial property transactions

 

Tags: 
Commercial Property Industrial Property

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