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Retail property investment sales reach $9 billion

Posted by Sharan Corbell on May 23, 2018
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Australian retail property has been a major recipient of significant investment capital over the past three years, reflecting the pent-up demand on the back of the country’s  haven status.

According to Savills research,  the sector is one of the hottest sectors within the commercial property market globally.

The associate director, research, Katy Dean, said the market has been buoyed by asset sales in the $200 million-plus segment in NSW and Queensland. Any indications of investment volumes receding in the first half of 2017 were quickly dismissed with 12-month volumes to March 2018 surpassing expectations to reach $9.1 billion, a 21 per cent rise.

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