Commercial Market Update (Mar 2017) – Melbourne Cityscope

The latest research from Melbourne Cityscope shows that commercial property sales have significantly decreased in the past three months. Sales recorded in the quarter ending March 2017 totalled $436.6 million, a decrease from the $1.17 billion in sales recorded in the three months to December 2016 and a decrease from the $1.05 billion recorded in the three months to September 2016. This data brings the 12-month total to $3.101 billion from 276 sales, a decrease compared with the previous…