Private Investors Vs the Institutional Buyers
Posted on 20. Apr, 2009 by Chris Lang in Offices
Private Investors continue to dominate the Melbourne Commercial Office market.
Right now, sales around $20 million are slow; and over $40 million are few and far between.
However, the suburban market for properties under $3 million enjoy solid demand from cashed-up private Investors.
Research by Knight Frank shows that last year saw $240 million recorded in suburban Office Sales. And already this year, they have totalled some $100 million.
And 97% of those sales have been to Private Investors.
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