Research - AUGUST 26, 2016

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Australian investment volume increases in second quarter

by Andrea Waitrovich

Real estate investment activity in Australia continued to gain momentum across all property sectors during second quarter 2016, with total transaction volume of A$6.8 billion ($5.2 billion), according to Cushman & Wakefield’s “Investment Market Beat Second Quarter Australia.”

While this is an increase quarter-on-quarter, at the mid-year point investment volume is down 6 percent year-on-year at A$11.3 billion ($8.6 billion) compared with A$12.2 billion ($9.3 billion) in first half 2015, reports Cushman & Wakefield. The number of transactions recorded in the quarter declined by 17 percent during the second quarter due to the several large transactions; A$3.7 billion ($2.8 billion) — more than half of the total volume — was provided by deals in excess of A$200 million ($152 million).

Investment volume in the office sector totaled A$2.8 billion ($2.1 billion) quarter-over-quarter, an increase from the A$2.5 billion ($1.9 billi

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