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Bidders leave empty-handed as CBRE's development site auction falls flat

People & Companies / Latest News

Australia

Nov 21 2017

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Nicole Lindsay, The Sydney Morning Herald

Developers proved shy at CBRE's latest portfolio auction, buying none of the seven properties under the hammer, despite bidding on all but one.

CBRE national director Mark Wizel said he tried something new with the auctions, but the market "had spoken".

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

SOURCE: The Sydney Morning Herald

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