The number of distressed properties advertised for sale in Australian national newspapers has fallen to the lowest level in several years, which is being taken as further evidence that the commercial property sector is on an upwards trajectory. According to... Read More
The Investa group has taken its second half-share in a prominent Sydney city centre office and retail development in as many months. Late last year the Investa Commercial Property Fund acquired a 50 per cent stake in the Glasshouse Retail Centre and an... Read More
Approximately $3.5 billion in commercial property priced at $5 million and above was sold in the first quarter of the year in Australia, according to figures released by CBRE. A-REITs are returning to the market, in a sign that the market is off to a healthy... Read More
Business conditions in Australia are deteriorating, and the commercial property market is taking a beating as a result. Figures released by National Australia Bank's Commercial Property Index indicate the market in Victoria is the weakest area in the country.... Read More
Foreign investors were involved in 67 per cent of all commercial property transactions in Australia in the third quarter of 2012. In the same quarter of 2011, buyers in this group accounted for approximately 30 per cent of transactions. Over half of... Read More
