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CBRE data reveals foreign investment in Australian commercial property has reached a new annual record, with $16.6 billion in office, retail, industrial and hotel assets having changed hands year to date.
According to CBRE, foreign investment in Australian commercial property has reached a new annual record, despite international border closures, with $16.6 billion in office, retail, industrial and hotel assets having changed hands year to date.
Border closures have not slowed down foreign investment activity in Australian commercial property. Foreign investment in office, retail, industrial and hotel assets in Australia has reached $16.
North American investors have led the charge into the commercial property sector, accounting for around 39 per cent of total foreign investment this year.
The next owner of a prime CBD site in Melbourne will be competing with a handful of other major projects to accommodate a new generation of post-pandemic office workers.