Japanese buyers take the lead as Australia’s dominant offshore investors - CBRE (Commo.com.au - FEB 7, 2024)

Japanese investors trumped buyers from North America, Hong Kong and Singapore to be the most active offshore capital in Australia’s property sector last year, new CBRE data shows. It highlights Japanese buyers snapped up just over $2 billion in Australian assets last year, well up on the $140 million invested in 2022.

CBRE’s Australia Capital Flows report tracks investment across the office, industrial, retail, hotel and living sectors.

It highlights Japanese buyers snapped up just over $2 billion in Australian assets last year, well up on the $140 million invested in 2022.

CBRE’s Australian Head of Capital Markets Research Tom Broderick noted, “Ultra-low interest rates in Japan have given those investors a competitive advantage compared to other countries and Australian groups.”