Location is playing an increasing important role in Australia, as major occupiers attempt to negotiate the war on talent.
Australia’s healthcare sector has emerged as the leader of the pack amongst the real estate sector’s alternative asset classes.
Mirvac has sold two of its prime office assets in as many months, highlighting the attraction of Melbourne, the country’s second biggest real estate investment market.
Recent deals in Australia have brought the issue of availability of commercial real estate debt into sharp focus.
Looking beyond the residential market—which has seen prices rise by 47 percent in the last four years – Chinese investors are starting to pour funds into other sectors of Australian real estate.