Volatile share markets and low interest rates are prompting cash to be invested in residential property amid forecasts $US1 trillion may flow through the property sector in 2016.

 

This is 6% higher than last year, the CBRE Global Investor Intentions Survey 2016 shows.

 

CBRE Executive Managing Director, Capital Markets, Pacific, Mark Granter said the survey confirmed Australian real estate remained strongly sought-after and was the top destination for Asian capital.

 

“Also apparent in the Australian results is that Brisbane has moved up the list of preferred destinations for capital, which may suggest that investors are looking for counter-cyclical opportunities as the market approaches the bottom of the cycle,” Ganter said.