A raft of international deals help boost commercial property transactions by 50% to 82 sales for the first six months of the year, with managed funds emerging as keen buyers of bricks and mortar, says CBRE.
Intercontinental Hotel at One Queen St, the second biggest deal of the year so far.
Industrial property sales represented 44% of total dealmaking during the first half of the year, accounting for $816 million in sales across 37 properties, according to CBRE's latest transaction monitor.
Total sales values for the six months came in at $1.86 billion, across 82 sales, a year-on-year