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Low interest rates underpin strata strength

Finance Markets / Market Trends

Australia

Apr 22 2017

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Nicole Lindsay, The Sydney Morning Herald

Strata office deals in the CBD are continuing to set records as owner occupiers take advantage of low interest rates to stake a claim on city real estate.

 

Colliers International agents Chris Ling and Anthony Kirwan recently negotiated a series of strata deals, including a unit at 552 Lonsdale Street which fetched $2 million, a 25 per cent premium on the last office sold in the building.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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