23.02.2012 - Australian offices 'set to outperform other commercial assets
The value of offices down under has been predicted to rise above other commercial property in Australia. A survey from National Australia Bank (NAB) showed that capital city office values will grow by three per cent in the next couple of years, including a 1.6 per cent rise by December 2012, Bloomberg revealed. Despite this boost for office properties, the report showed retail real estate values will drop by 0.5 per cent by December, while the industrial property market will be static...............................................Full Article: Source
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