Weekly Transaction Update - 28th Jan
For Week ending 28th January
Last week has seen another 7 significant transactions across the market valued at $370M. The lack of quality stock is very evident at this point of the cycle. Brisbane has seen the majority of commercial transactions this year with virtually no major transactions in Melbourne, the reverse outcome from January 2016.
The most notable transaction last week was the South Korean Teachers Pensions Fund's purchaser of 505 St Paul Terrace, Brisbane for $205m. Th