Commercial Market Update – Norwest Cityscope October 2019

The latest research from Norwest Cityscope shows a significant decrease in the total value of sales over the last quarter. For the three months to October 2019, there were 9 sales at a total value of $7.6 million, compared to the 18 sales at a total value of $319.2 million for the three months to July 2019 (mainly due to the $306 million sale of the Norwest Private Hospital and seven medical suites at 11 Norbrik Drive, Bella Vista).

This data brings the 12-month total to $395.3 million, an…