Australia’s ‘transparent markets’ drawing Asia Pacific investors | 28 March 2013
Australia has become a hotspot for Asian Pacific investors looking for new commercial property opportunities.
In fact, almost half of commercial real estate investment from this area is being pumped into the Australian market, according to the latest research from Jones Lang LaSalle.
It seems that Asia Pacific investors are drawn to Australia due to its ‘efficient regulatory regimes’ and ‘transparent markets’, smartcompany.com.au reports. The commercial property sector in Australia offers significantly high yields, too, reports suggest.
The head of research and consulting at Jones Lang LaSalle, David Rees, commented on the findings: “Australia punches well above its weight in terms of direct investment. Last year, 29 per cent of investment came from offshore – an all-time record.
“Capital flows into Australia are expected to continue through 2013,” he added on invezz.com, suggesting that offshore investments won’t be dropping any time soon. He believes this is part of a wider global trend, in which real estate investors are turning their attentions away from “large equity” markets into the smaller, yet still profitable commercial property markets.
Australia’s residential real estate market is doing well too. The property market overall, according to investment director Andrea Martin, is “ripe” for overseas buyers – who are confident that their investments will see great returns.
The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.
Qube Global Software wins Industry Supplier of the Year Award for 2nd consecutive year | 2 December 2016
Qube Global Software won Industry Supplier of the Year at the News on the Block Property Management Awards for the second year running.
We have partnered with the Facilities Show to host an exclusive webinar on the relationship between facility, property and estate managers and their service providers and contractors.
We are delighted to announce that Qube Global Software has been shortlisted in the Industry Supplier of the Year category at the Property Management Awards 2016, hosted by News on the Block.