Savvy international investors are swooping in as office prices bottom out and assets sell for below replacement cost across Australia.
The office market down under is approaching its trough and it could maintain its low ebb for some time to come, according to Colliers, which is on the charm offensive across Asia-Pacific.
Speaking from Guangzhou, Colliers head of Asia markets Harry Bui says Australia offers a compelling value proposition for overseas investors who can buy assets in the safe haven of Australia’s property market.
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