Commercial Market Update – Southbank Cityscope June 2020

The latest research from Southbank Cityscope shows property sales value has increased in the past three months, mainly due to the new strata plan sales recorded for Stage 1 of Melbourne Square development and the continuous strata lot sales in Australia 108 development. 

Sales recorded in the quarter to May 2020 totalled $449.1 million, an increase from the $107.6 million recorded in the three months to February 2020 and from the $195.4 million recorded in the three months to November…