Commercial Market Update (May 2018)

Sales recorded for Melbourne Units Cityscope for the three months to May 2018 totalled $667.8 million, an increase from the $319.5 million recorded for the quarter to February 2018 and the $573.1 million recorded for the quarter to November 2017.

The increase is accounted for by the inclusion of the off –the-plan sales of the Spencer Melbourne Building at 420 Spencer Street, West Melbourne and the Australis Building at 601 Little Lonsdale Street, Melbourne in this update.

The latest data…