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Australia highlighted as ‘favourite’ of overseas property investors

Posted on 23 August 2011

Australia has seen commercial property investments soar by nearly 130% year on year, according to Real Capital Analytics (RCA), with both the company and Jones Lang LaSalle (JLL) highlighting it as a “favourite” for inter-regional investors.
According to RCA’s Global Capital Trends, the continent’s traditionally high yields – averaging 8.3% in the second quarter – had attracted foreign investors, who accounted for more than 40% of investment between April and June, while the 127% year-on-year rise had led to commercial sales amounting to AUD4.5bn (€3.4bn)………………………………………Full Article: Source


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