Investors are bracing for a big year in 2015 with mergers at the smaller end of the listed trust market, big ticket property sales, with a emphasis on the retail sector, and more cash flowing in from overseas funds. In the year just gone, office was again the most highly-sought after sector, particularly in central business districts of Melbourne and Sydney. In the year just gone, office was again the most highly-sought after sector, particularly in central business districts of Melbourne and Sydney. A large proportion of the buyers were overseas investors, many looking to convert the lower-grade office stock into apartments.
Read more: http://www.smh.com.au/business/property/all-signs-point-up-for-commercial-property-20150101-12cdrs.html#ixzz3PvLmLgbC