Australia Investment MarketBeat Report
23/07/2024
In Q2 2024, the Australian commercial real estate market experienced a significant surge in investment volume. Both the number of deals and the average size of these deals increased, bringing the total for the quarter to $9.5 billion for transactions exceeding $5 million. This contributed to a rolling 12-month total of $27.6 billion. This growth occurred despite several headwinds within the sector, including higher than target inflation, elevated interest rates, extended due diligence periods, and slower decision-making processes.
MARKETBEAT REPORTS
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