Ratings agency Fitch has bumped up its property price growth forecast for Australia, and is now expecting prices to soar by as much as 16% this year. That’s significantly higher than the agency’s previous estimate released in December 2020 – which forecast growth of between 3-5%. It also places Australia...
Popular commercial property assets
Ever wondered what sort of commercial property assets people buy when they take out commercial loans? The most popular type of purchase is offices, followed by retail and industrial, according to data from APRA, Australia’s banking regulator. * Offices = 31% of commercial property loans by value * Retail =...