Asian investors flock to retail and commercial properties
Asian investor interest in Australia will remain strong and this injection to the Australian economy should be seen as a positive off the back of COVID-19 challenges. This is clear even in the interest of activities such as the Asia Property Awards, hosted by PropertyGuru which will place Australian developments on the global stage at the end of this year, with awards dedicated solely to the commercial/retail market.
Provided migration numbers stay consistent and/or increase then investment activities won’t stop. We’ll continue to see Australia as a desired country. It has always been one of the top destinations for Asian investors and this won’t change, in my opinion, especially in major cities such as Sydney, Melbourne and Brisbane/Gold Coast.
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