Commercial Market Update (Mar 2017) – Macquarie Park Cityscope

The latest research from Macquarie Park Cityscope shows property sales for the three months to February 2017 have increased substantially from the preceding quarter. Sales recorded in the quarter ending February 2017 totalled $704.7 million, an increase from the $135.5 million recorded in the three months to November 2016, but a decrease from the $769.9 million recorded to August 2016. For the year ending February 2017, there were 74 sales at a total value of $1.64 billion, compared to 121…