Cushman & Wakefield has today released its Q4 Investment and Retail MarketBeat research including a snapshot of 2018 investment across Australia’s commercial real estate sector.
Overall, investment activity hit record levels in 2018, with Q4 emerging as the strongest quarter on record ($16.6bn) and supporting the annual total of $41.8bn – eclipsing $40bn for the first time ever. 2018 was also a record year for foreign investment with $17.0bn, or 41% of the total.
According to the Retail MarketBeat research, national retail investment volumes also totalled $3.1bn in Q4, the second largest retail investment quarter on record. This rebound in Q4 brought the 2018 total to $8.5bn, led by Sub Regional centres, accounting for $1.9bn, major regionals and neighbourhood centres.
Looking ahead, the uncertain outlook for retail centres is likely to continue to drive elevated transaction volume for Sub Regional centres.
Download full Cushman & Wakefield’s Q4 Investment and Retail MarketBeat below: