Commercial Market Update – Melbourne Units Cityscope November 2020

Sales recorded for Melbourne Units Cityscope for the three months to November 2020 totalled $494.7 million from 648 sales, a significant increase in terms of both sales value and sales number, compared to the $133.2 million from 224 sales recorded for the quarter to August 2020 and the $145.7 million from 264 sales recorded for the quarter to May 2020. It is largely due to the inclusion of two new buildings, Melbourne Grand Apartments and residential component in Collins Arch.

The latest…