25.07.2012 - Australia property draws foreign capital seeking security-CBRE
Australia was the most popular property investment destination for non-Asian investors, and the third most active investment Asia Pacific market over the past year as investors sought secure, quality assets in a mature market, CBRE said on Tuesday. In the year to June, Australia had property investment turnover of $10.8 billion, third after Japan, the largest investment market in the region with $13.6 billion in turnover and China which saw $11.8 billion of investment turnover...............................................Full Article: Source
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