Thursday 23 December 2010

Region. Asian investors buy properties

CBRE associate director, Harry Bui, said its biggest auction result for 2010 was the acquisition of the Cabramatta City Centre for $18.1 million, at a tight initial yield of 5.7 per cent, by a private Asian syndicate in October. Another Asian investment syndicate acquired the Cecil Hills Shopping Centre for $10.8 million.

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