Commercial Market Update (Jun 2017) – Macquarie Park Cityscope

The latest research from Macquarie Park Cityscope shows property sales for the three months to May 2017 have increased slightly from the preceding quarter. Sales recorded in the quarter ending May 2017 totalled $510.2 million, an increase from the $504.7 million recorded in the three months to February 2017, and a large increase from the $135.5 million recorded to November 2016.

For the year ending May 2017, there were 85 sales at a total value of $1.92 billion, compared to 112 sales at a…