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Melbourne industrial property surges

Property Markets / Outlook

Australia

Feb 21 2017

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Nicole Lindsay, The Sydney Morning Herald

Melbourne industrial property deals surged to a record $1.92 billion in transactions in 2016, a 15 per cent increase on the previous year.

Melbourne was the strongest performer nationally, in a year where the national total spend fell to $4.83 billion, down from a record $5.26 billion in 2015, according to research from agents CBRE.

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

SOURCE: The Sydney Morning Herald

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