Commercial Market Update (May 2017) – Melbourne Cityscope

The latest research from Melbourne Cityscope shows that commercial property sales in the CBD have risen in both number and total sales value. For the three months to December 2016 there were 81 sales for a total of $1.170 billion, for the quarter to September 2016, there were 75 sales at a total value of $1.05 billion, compared to 64 sales at a total value of $504.6 million for the previous quarter. The yearly figures have fallen considerably, however, with 297 sales at a total value of…