Offshore investors sunk $16.6 billion into local office, retail and hotel assets this year, rounding out a strong year of foreign investment in Australian commercial property.
The Singaporeans led the charge, making up 39 per cent of dollars exchanged, while North American investors accounted for 31 per cent of foreign activity in the local real estate market.
And the trend is likely to continue into 2022 as borders re-open and bullish offshore investors indicate an appetite for a high level of real estate allocation.
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