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Big hotel deals boost Australian commercial property sales as global confidence slowly returns

Posted on 14 February 2013

Investment in Australian commercial real estate fell in the final quarter of 2012 but the outlook remains bright for 2013 as global investor confidence rises.
Over the December 2012 quarter, Australian investors – both offshore and local – invested $US3.9 billion in commercial property, compared with $US4.2 billion in the September quarter – a decline of 6%, according the latest global real estate report from Jones Lang LaSalle (JLL)………………………………………..Full Article: Source


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