CBRE’s Investor Intentions Survey 2017 attracted responses from over 140 Australian domiciled commercial real estate investors. The survey revealed several key themes that will have implications for investor demand in 2017:
Both buying and selling expectations are lower for 2017 suggesting that transaction volumes may be lower
More investors are likely to move up the yield curve
Office has replaced retail as the most preferred sector
Asset pricing and availability of assets are seen as the biggest obstacles to acquiring assets
The broader survey sample that includes investors domiciled within the APAC region revealed Australia as the number one country for cross-border investment – a position held in 2016 but even more emphatically in 2017.