According to Carolyn Cummins in SMH Business Day, Australian real estate has been in hot demand in the past few months as global volatility has led to an investor push to secure property in safe havens.
More than $9 billion of assets have changed hands across the Asia Pacific region in the last three months, mostly in real estate investment trusts.
Ray White Beecroft recently sold Shop 26 in the Arcade, the second commercial property we have sold recently, but both bought by Australian buyers.
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