Europeans eyeing 2023 commercial real estate expansion in Australia
European commercial property giant Commerz Real has targeted Australia's office market as a key priority for 2023, while the REIA has offered its own commercial real estate forecasts.
A giant of European commercial property has singled out the Australian office market as presenting foreign buyers with renewed and lucrative potential, as they also revealed they are expanding their presence down under.
Speaking exclusively to API Magazine, CEO of Commerz Real, Henning Koch, said that after seven years of sitting on the sidelines the German company with 35 billion euros (A$53 billion) of assets under management was ready to expa…