Commercial Market Update (Feb 2017) – Norwest Cityscope

The latest research from Norwest Cityscope shows a decrease in the total value and number of sales over the last quarter. For the three months to January 2017, there were 21 sales at a total value of $17 million, compared to the 31 sales at a total value of $22 million for the three months to October 2016. This data brings the 12-month total to $176 million, a substantial decrease from the $510.8 million recorded the same time last year.

The table below shows sales recorded for the last…