RESEARCH
ULTRA-low interest rates at home have seen Japanese investors trump buyers from North America, Hong Kong and Singapore to be the most active offshore capital in...
CBRE’s Australia Capital Flows report shows Japanese buyers snapped up just over $2 billion in Australian assets last year, well up on the $140 million invested in...
“Ultra-low interest rates in Japan have given those investors a competitive advantage compared to other countries and Australian groups,” ...
CBRE’s data shows Japanese investors were most active in the living and office sectors in 2023, with major investments including Mitsubishi Estate’s investment in...
Japan’s largest homebuilder Daiwa House was another major player, teaming up with Lendlease to develop a $650 million build-to-rent tower at...
Investment volumes fall
Total national investment volumes from domestic and offshore sources dropped by 31% year-on-year in 2023, to $24.1 billion..
Broderick said repricing in some sectors continued to limit deal flows. However, the living and hotels sectors saw 39% and 11% increases respectively, underpinned by...
“The outlook for interest rates in Australia has improved significantly in recent months, with the potential for multiple cuts in 2024. As such, we anticipate an acceleration of...
ANZ economists noted that the Reserve Bank’s post-meeting statement this week, after it kept interest rates on hold, took a “step in a dovish direction”...
The industrial and logistics sector, which has outperformed since the beginning of COVID, recorded the highest deal flow of any sector in 2023 at $6.3 billion, despite a 13% decline...
A whopping 65% drop was seen in the office as a lack of consensus on fair value between buyers and vendors continued. Retail also saw a significant drop...
Industrial and logistics still preferred
Australia-based investors have indicated that their preferred sector remains industrial and logistics in 2024, according to CBRE’s Investor Intentions Survey, with 35% of...
Residential, driven by the growing build-to-rent sector and student accommodation, was second with 23%, while reasonable discounts to peak pricing in the office...