Foreign investors behind a third of 2014 Australian office purchases: Savills
Jacob RobinsonFebruary 10, 2015
Foreign investors were behind 32% of Australian office property purchases in the 12 months to December 2014, according to a new report.
Savills' World Office Yield Spectrum report detailed who was behind Australian office property purchases in 2014.
The report also noted the return of institutional investors to the market.
"Having been sidelined for several years due to issues surrounding their balance sheet and their units trading at a discount to NTA, the A-REITS are back and buying again," the report stated.
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Office