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All signs point up for commercial property

Investors are bracing for a big year in 2015 with mergers at the smaller end of the listed trust market, big ticket property sales, with a emphasis on the retail sector, and more cash flowing in from overseas funds. In the year just gone, office was again the most highly-sought after sector, particularly in central business districts of Melbourne and Sydney. In the year just gone, office was again the most highly-sought after sector, particularly in central business districts of Melbourne and Sydney. A large proportion of the buyers were overseas investors, many looking to convert the lower-grade office stock into apartments.
Read more: http://www.smh.com.au/business/property/all-signs-point-up-for-commercial-property-20150101-12cdrs.html#ixzz3PvLmLgbC

 

DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The writer of this article is not a practicing lawyer or financier. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.