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Australia: Why the rich are buying commercial property

Posted on 15 June 2009

From Smartcompany.com.au: Australia’s richest investors might be battered and bruised after a very difficult year, but there are tentative signs they are slowly coming out of their shells once again. And for the super rich, commercial property has become one of the prime hunting grounds for bargains.
A recent survey conducted by Retail Financial Intelligence for the Australian Private Banking Council examined where high net worth individuals (those with between $1-20 million) plan to invest over the next 12 months………Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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