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International instos keen on Sydney and Melbourne

Sydney and Melbourne are likely to remain the top investment destinations in the Asia Pacific for institutional investors in 2021, with North American and European interest expected to rise sharply.

Sydney CBD at sunset
Global institutions are keen on Australian assets, likely due to the country's safe handling of COVID-19. Photo: Shutterstock

Sydney and Melbourne are likely to remain the top investment destinations in the Asia Pacific for institutional investors in 2021, with North American and European interest expected to rise sharply.

A recent survey by the Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV) showed there was still strong appetite for real estate in the Asia Pacific region, despite the ongoing international challenges of the pandemic.

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