Commercial Market Update (May 2017)– Southbank Cityscope

The latest research from Southbank Cityscope shows property sales value have decreased in the past three months. Sales recorded in the quarter ending May 2017 totalled $605.3 million, a decrease from the $758 million recorded in the three months to February 2017 and also a decrease from the $610.6 million recorded to November 2016.

This data brings the 12 month total to $2.926 billion, an increase from the $1.147 billion recorded the same time last year.

The table below shows sales…