Sydney & Melbourne: world capitals of real estate

Intelligent Investor

Independent Financial Research

Australian commercial property is now amongst the most sought after in the world Australians have always punched above their weight, whether it’s on the sporting field, in Hollywood, business or elsewhere. But now our commercial property is joining the likes of Nicole Kidman, Rupert Murdoch and the Atlassian founders on the world stage. At its recent AGM, Cromwell Property (ASX: CMW) CEO Paul Weightman noted ‘that Australia now ranks as one of the world’s largest destinations for commercial real estate investment with Sydney the fourth most popular global gateway city behind only London, New York and Paris when considering international flows.’ I admit to being a little surprised upon reading this and had to read it again to make sure I had done so correctly. Sydney, a city of four million people in a country of 24 million that produces a mere 2% of world GDP is the fourth most popular destination for commercial property investment on Earth. And Melbourne isn’t too far behind. Continue to full article here: (VIEW LINK)


Intelligent Investor
Independent Financial Research

Intelligent Investor is an independent financial research service with a 14-year history of beating the market. Our value investing approach empowers Australians to make more informed decisions to build their long-term wealth. We off structural...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.