Cushman & Wakefield is pleased to present the Australian National Investment MarketBeat report series for Q4 2017.
Strong investment activity continued in Q4, with $10.7bn committed over the quarter. The office and retail sectors provided much of the liquidity, contributing over $9bn. The latter was driven by the 50% asset swap between GIC and Vicinity totalling $1.1bn as well as AMP's $800m purchase of a 50% stake in Indooroopilly Shopping Centre.
In annual terms, total investment for 2017 totalled $34.1bn, a 14% increase from 2016 and only marginally below the recent peak of $34.8bn recorded in 2014. Deal activity increased 20% in 2017 though average deal size declined slightly.
Foreign investment, at $12.2bn (36%), was flat YoY. However, domestic investment surged 22% to $22bn - the highest in the post-GFC era.
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