Commercial Market Update (Dec 2016) – Macquarie Park Cityscope

The latest research from Macquarie Park Cityscope shows property sales for the three months to November 2016 have decreased substantially from the preceding quarter. Sales recorded in the quarter ending November 2016 totalled $135.5 million, a decrease from the $769.7 million recorded in the three months to August 2016, but an increase from the $30.7 million recorded to May 2016. For the year ending November 2016, there were 87 sales at a total value of $1.388 billion, compared to 94 sales…