In and Out Australia H1 2023

Total investment volumes across Australia dropped by 50% in H1 2023 to $8.8 billion, compared to the same period in 2022. All sectors observed a decline in volumes apart from Hotels which have remained buoyant off the back of strong occupancy and room rates. While deal volumes across the board have dropped, smaller transactions have been more resilient, dropping by 36% in H1 2023 compared to the same time last year. Capital inflows slowed from offshore in H1 2023, accounting for just 24% of total volumes, from 44% over the same period in 2022.