Investors, institutions drive Adelaide office sales: Savills

Investors, institutions drive Adelaide office sales: Savills
Staff ReporterDecember 7, 2020

Private investors and institutional buyers drove an increase in office space sales in Adelaide over the last 24 months according to a new report by Savills Research.

A total of $544 million of office sales were made the year to June 2015, up 27%. The total sales mark an increase on the $415 million five year average.

Click to enlarge

 

Click to enlarge

Click to enlarge

Savills reported 51,778 square metres of CBD office leasing in the 12 months to June 2015, down 18.3% when compared to the previous year and a stop on the five year average of 86,094 square metres. 

Click to enlarge

Editor's Picks

Kangaroo Point's iconic Shafston House gets closer to apartment redevelopment
Inside Australia 108: The groundbreaking Melbourne apartment tower offering the highest apartments in the southern hemisphere
Discover Avery: A Boutique Sanctuary in the Heart of Glen Iris [Video]
"A once-in-a-lifetime opportunity": Don O'Rorke discusses the Monarch Residences Penthouse Collection
Why apartments at Killarney Ponds in Box Hill are suiting the family buyer: Urban Buyer Q&A