The Australian Financial Review / November 8th, 2016
The Australian Financial Review reports: Commercial property sales have slowed in Australia but prices have continued to rise and could rise further, according to New York-based Real Capital Analytics (RCA).
RCA’s latest Asia-Pacific Capital Trends reports commercial property transactions have slowed throughout Asia-Pacific due to investor caution and a mismatch in pricing.
The report identifies $US30.4 billion ($39.46 billion) of income-producing investments sold at more than $US10 million in the region in the September quarter, down 1.1 per cent on the same period last year.
But the figure included $US13 billion of portfolio deals in Japan and China that, according to RCA, “masked a generalised slowdown across the region”.
View the full article in The Australian Financial Review: Commercial Property Prices Could Rise Further in Australia: RCA