1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Property News

Asian investors 'flocking' to Sydney CBD

November 04, 2011

Sydney's CBD is a popular place for Asian investors with an interest in commercial property, according to a new report from real estate consultants DZT.

During the third quarter of 2011, DZT's research recorded a "surge" of interest in the Sydney CBD office market, with four of the five largest deals made between July 1 and September 30 made in this space.

As a percentage of overall investment, foreign expenditure on Sydney CBD commercial properties increased for the fourth quarter in a row - and 90 per cent of all overseas investment originated in Asian markets.

The remaining ten per cent of foreign investment in Australia was based largely in the United States, the research showed.

Overall, foreign investment made up a total of 41 per cent of the Australian office market - an increase from the 36 per cent recorded in Q2 of 2011.

Major firms including HNA Groupm, Memcorp, K-REIT and Pembroke Real Estate all acquired office assets in the Sydney CBD during the past three months.

However, Sydney was not the only area of focus for commercial property investment, as Victoria has also proven to be a popular location for investors throughout 2011.

In the second quarter of this year, DTZ's figures indicated that while offices dominate commercial property investment, the retail sector is also proving to be a popular alternative, with the number of transactions in this space rising by 60 per cent between Q1 and Q2.

Latest Articles

Aged Care tipped to follow road to Gundagai

RETIREMENT living and allied health providers are anticipated to lead the interest in the former ...
read more

Emerging jobs change the face of business

Australia’s evolving economy is changing the makeup of workplace tenants around the country. ...
read more

National Portfolio Magazine

We are very pleased to present the August 2015 edition of the LJ Hooker Commercial National ...
read more

Long-time loan shop site sells a week into marketing campaign

Competition for small inner-city sites fit for residential or hotel conversion saw a private ...
read more

Industrial yields feel weight of investor migration

Modest growth in industrial rents failed to stifle transaction activity in 2014-15, with investors ...
read more

Retail Centre below iconic Coke sign sells for $37.3m

    The landmark Kings Cross Centre has changed hands, purchased for $37.3m by a ...
read more