2011 has seen money is coming in thick and thin from Asia and Europe and the inward cash surge is stoking up demand for properties in the stylish CBD, North Shor and Eastern Suburb of the city. Real estate agents are reported to be doing well and are feverishly advertising Australian real estate in Asia and Europe promising investors great deals with built-in security.
News.com.au says that according to CBRE senior managing director of international investments Rick Butler: “…the foreigners are there because they see Australia as safe, secure and actually having growth, which puts us in a much better position than old Europe and the US.”.
[International Real Estate Contributor]
- How to Profit from Real Estate (davislarry6.wordpress.com)
- Blackstone Bets $9.4 Billion on Real Estate (bloggingstocks.com)
- Forbes Reports the Recession to be Easing in Dallas-Fort Worth, Opening Up More Real Estate Investment Opportunities (prweb.com)