Weekly Transaction Update – 9th Dec

For Week ending 9th Dec 2016 Last week recorded 16 significant transactions across the market with over $1.8B of deals changing hands. Development activity was exceptionally high with the reported sale of residential development land at Point Cook (VIC) by Dahua Australia setting a new benchmark for residential land banks in Victoria. Commercial transactions were also high with Lend Lease, Charter Hall, GPT all securing new assets in Melbourne. Clearly capital continues to be available for high quality assets and vendors are being enticed to sell. Head to the Australian Property Transaction Data Map for further details. This Weeks deals