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Foreign buyers absorb half the office deals in 2017

20 Apr 2018

Offshore investors have taken over $8.3 billion of office property transactions in 2017, accounting for over half of the deals which hit $16.2 billion, making 2017 the third highest year on record.

The most active foreign investors were buyers from Singapore, who constitute 18.2 per cent of deals, followed by Hong Kong and the US. The joint venture between Mitsubishi Estate and CLSA contributes to the total through the $229 million acquisition ...

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