A recovering state economy has driven Melbourne’s industrial property market to new highs, with market strength expected to continue throughout 2016.
New research from JLL suggests there is cause for optimism in major real estate markets, despite the intrusion of political events such as the U.S. presidential election and the UK’s proposed exit from the European Union.
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.
Recent research shows transparency in global real estate markets is improving, but what does the future hold?
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.