17 stories from 2 sources
The week in Australian Real Estate
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Investment activity covered hotels, regional offices, retail, Brisbane office, healthcare and national portfolios, with both acquisitions and offerings appearing through the week. The breadth of activity points to continued capital movement, even as investors remain selective about asset quality and income.
Essential-service properties continued to command yields as low as 4.11%, but financing, occupancy and rental risks limited tolerance for error. At the same time, home auction clearances fell to a 10-week low as a rate hike loomed.
Projects and investment announcements advanced across community amenities, luxury coastal developments and Melbourne CBD property. The week showed development activity continuing across both residential and major urban precincts.
Day’s Recap