Property investments plunged 73.4% to $1.7b in Q2 | / Property news / Property investments plunged 73.4% to $1.7b in Q2

Property investments plunged 73.4% to $1.7b in Q2

Fresh property news selection on September 01. 2020, Tuesday.

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No transactions in the public sector were recorded during the quarter.


This chart from Knight Frank shows that property investment sales in Q2 totalled $1.7b, signifying a 73.4% YoY plunge from $6.4b in Q2 2019. It also marks a 41.4% QoQ crash from $2.9b in Q1, with no transactions recorded in the public sector.

Whilst general activity in the real estate market was muted, the presence of several big-ticket commercial deals bolstered investment sales in the second quarter totalling $1.4b.

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