Commercial property sales total $30 billion in 2015: Savills

Commercial property sales total $30 billion in 2015: Savills
Commercial property sales total $30 billion in 2015: Savills

High yields and exchange rates lured record overseas investors to to the commercial property market in calendar 2015 according to the Asia Pacific Investment Quarterly Q4, 2015 from Savills. 

The report found approximately A$30 billion of national commercial property sales throughout the year with around A$17.2 billion worth of office transactions for the year to December 2015, up 3 percent from the previous year.

Savills recorded approximately A$4.8 billion worth of industrial transactions in the 12 months to December 2015, down from A$5.55 billion 

Foreign investors purchased 36 percent of all industrial property sales and 26 percent of all commercial retail stock sold.  

Tags: 
Commercial Sales Commercial Yield

Comments

Be the first one to comment on this article
What would you like to say about this project?