Financial Review / November 15th, 2017
Financial Review reports: Commercial real estate deals have fallen by 19 per cent over the first three quarters of 2017 as a lack of stock and low yields frustrate buyers, according to Real Capital Analytics.
The total deal flow is at $19.9 billion so far this year. Sydney has been hit hardest, with sales volumes dropping by 27 per cent. In Melbourne the deal flow has dwindled by 9 per cent.
Sydney slipped out of the top five APAC markets for the first time since 2011,” said Petra Blazkova, RCA’s senior director of analytics for Asia Pacific.
Read the full article on Financial Review: Too Tight to Buy: Deals Dwindle as Yields Drop.