Melbourne’s Southbank Riverside attracted a disproportionally large share of capital in the third quarter of this year.
A recovering state economy has driven Melbourne’s industrial property market to new highs, with market strength expected to continue throughout 2016.
Domestic investors are starting to revise their strategies and competing, once again, for major assets in Sydney’s CBD.
Australia came one step closer to losing its triple-A sovereign credit rating when Standard & Poor’s moved its outlook from ‘stable’ to ‘negative’ at the start of July.
On Tuesday the Reserve Bank of Australia (RBA) cut the official interest rate by a quarter of a percent to an all-time record low of 1.50 percent.