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1.Market Observations, 8.Was Sticky

10 Aug 2017 (AFR) – Vendor ‘greed’ and funding woes stifle sales – Hungry Jack’s passes in on yield of 4.2pc: ‘It’s just greed’

(10 August 2017, AFR, p38, by Larry Schlesinger)

‘A stand-off between “greedy” vendors and finance-constrained buyers delivered a modest 50 per cent clearance rate at a commercial property portfolio auction in Melbourne on Wednesday, raising fears of a correction in values.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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