Australian property investment surges in Q2 2019

Australia topped the Asia Pacific commercial real estate investment rankings in the second quarter of 2019, as China and Japan property investment volumes fell to the lowest levels in a decade. Australian commercial property investment reached US$8.4bn in Q2 2019, up 13% compared to the same period in the previous year, according to Real Capital Analytics. The firm said the Australian market had been bolstered by renewed investor confidence in the wake of the national election and foreign capital flows.