Commercial property purchases popular among foreign buyers

The post Commercial property purchases popular among foreign buyers appeared first on Oak Laurel.

Commercial property purchases popular among foreign buyers

All of the focus on foreign ownership has been on residential property and the Government forced the sales of foreign owned residential property has made front page news. However, not much attention has been focused on foreign ownership of Australian commercial property. Commercial property in Australia remains as popular as ever according to an analysis by CBRE.

Figures show that the sale of office, industrial and retail property valued at over $5 million totaled $28.4 billion during the 2015 calendar year. 

These values are only 4% less than 2014’s  record sales of $29.6 billion.

According to the CBRE’s analysis, 2015 had the greatest market share of foreign investors investing in commercial property with $11.7 billion in purchases equating to 41% of the total commercial property sales in Australia.

It has also been observed that Australian investment is also flowing offshore in what is now a globalised market place.

Compare commercial property finance rates

A big part of making your commercial property investment profitable is your finance. Want to get help from a commercial property finance broker to compare commercial property finance rates?

 

+614 30129662

Oak Laurel – Construction loans made easy!

Oak Laurel Mortgage Broker

 

The post Commercial property purchases popular among foreign buyers appeared first on Oak Laurel.

from Oak Laurel http://ift.tt/1Swu2IB
via IFTTT

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s