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Australia National Investment Report (March 2020)

21/04/2020
The Australian commercial real estate market slowed dramatically in Q1 2020 with just $3.0 billion worth of transactions recorded.

The Australian commercial real estate market slowed dramatically in Q1 2020 with just $3.0 billion worth of transactions recorded. This was 81% lower than the $15.6 billion recorded in Q4 2019, which was second largest quarter on record trailing only Q4 2018.

  • Annual volumes remain elevated at $42.4 billion thanks to the record volume of $45.6 billion achieved in calendar 2019.
  • The office sector dominated transactions with volume of $1.6 billion recorded for the quarter, down 78% on Q4 2019 levels.
  • Retail transaction volume for Q1 was down 77% on Q4 2019 levels, while industrial fell by 72% on Q4 2019.

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