The United States proved to be the dominant foreign force in Australian retail investment in 2016, while Queensland tipped New South Wales out of top spot for sales.
Four mens’ dream could become a Whitsundays bargain for a lucky investor, with one resort chasing a new owner for less than $6 million.
Accor’s $200 million purchase of 15 budget hotels from the Abu Dhabi Investment Authority heralds the start of the French hotel chain’s long-term plan to dominate Australia’s fragmented hospitality sector. This article originally appeared on theaustralian.com.au/property.
This year will no doubt prove to be very interesting for commercial property and global economy, not least because of Donald Trump’s inauguration. REA Group chief economist Nerida Conisbee weighs in.