Commercial Market Update – Norwest Cityscope October 2020

The latest research from Norwest Cityscope shows property sales for the quarter to October 2020 have decreased in terms of both total value and number.

For the three months to October 2020, there were 17 sales at a total value of $25.2 million, compared to the 62 sales at a total value of $53.5 million for the three months to July 2020, but slightly higher than the total value of $24.9 million for 23 sales recorded for the three months to April 2020.

This data brings the 12-month total to $162.2 million, a significant decrease from the $395.3 million recorded the same time last year.

The table below shows sales recorded for the last eight updates of Norwest Cityscope.

Notable sales in the October 2020 update of Norwest…



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