Commmercial Property yields on new sales drop to historic lows in Sydney
Submitted about 7 years ago by Alan Barry
New sales of commercial real estate have reached sub 4% as reported in this Commercialrealestate.com article on the recent sale of TH Real Estate's 20 Hunter Street to the K Wah Group of Hong Kong.
The low yields on commercial property in Sydney has reduce the sales volume in Sydney by 27% over the first 3 quarters on 2017 in Sydney compared to 2016.
Coupled with the lack of vacant space, that has reduced the volume of leasing transactions, 2017 has been a dismal year for the commercial and industrial real estate market in Sydney
The low yields on commercial property in Sydney has reduce the sales volume in Sydney by 27% over the first 3 quarters on 2017 in Sydney compared to 2016.
Coupled with the lack of vacant space, that has reduced the volume of leasing transactions, 2017 has been a dismal year for the commercial and industrial real estate market in Sydney
Share this page