Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Foreign investors flock to Aussie property

Staff Reporter 1 minute read

Asian commercial property investors could prove a key target market for brokers as the weaker Australian dollar and softening property yields spark a return to our shores.

According to new analysis released by CB Richard Ellis (CBRE) yesterday, institutional and private investors from Singapore, Hong Kong, Malaysia and Korea are driving demand in Australia’s commercial markets.

CBRE senior managing director Richard Butler said the trend mirrored the flurry of Asian investment activity which occurred during the last downturn in the mid-1990s.

“Australia is proving a popular choice for foreign buyers due to a range of factors, including the relative strength of the local economy, the weaker Australian dollar, low interest rates and the recent easing in investment yields, together with transparency of the market and the ease of undertaking transactions,” he said.

COMMENT HERE

Advertisement
Advertisement

 

Foreign investors flock to Aussie property
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
approval stamp documents ta Bank automates pre-approval process

A non-major lender has announced changes to its pre-approval proc...

2017 08 20 Foreign buyers struggle to secure mortgage

Foreign buyers from all parts of Asia are still finding it diffic...

magnifying docu ta Adelaide Bank tightens serviceability policy

The non-major bank has temporarily revised its serviceability pol...

FROM THE WEB