Commercial property investors reaping rewards

Posted by Simon Dehne on November 16, 2015 in Latest News with No Comments


Salmon Bay Landing building near Fisherman's Terminal, Seattle. Clients: Schuchart Corporation, Stuart Silk Architects and Salmon Bay Landing, LLC © Benjamin Benschneider All Rights Reserved. Usage may be arranged by contacting Benjamin Benschneider Photography. E-mail: bbenschneider@comcast.net or phone 206-789-5973

Investors are cashing in on the increasing demand for commercial real estate, with vendors selling their properties well over reserve.

Raine & Horne executive chairman Angus Raine said commercial assets priced between $1 million and $3 million are increasingly popular with yield-hungry, self-managed super fund trustees, which is paying off for vendors.

“Low cash rates are also helping the smart money find its way into commercial real estate, which is producing some good sales results for vendors,” he said.

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