Report published September 23, 2026

Commercial Property Sales Up 6% on Previous Year – Commonwealth Bank Research

Commonwealth Bank of Australia · September 23, 2026

Australian commercial property sales reached $48.4 billion in 2026 YTD through August, up 6% year-on-year. The expansion was primarily fueled by offshore capital, which comprised 34% of total volume led by major Canadian and Singaporean institutional acquisitions.

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Finvaulta summarizes Commonwealth Bank of Australia's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

1.Australian commercial property sales reached $48.4 billion year-to-date to 31 August 2026, an increase of 6% compared to the same period in 2025.
2.Offshore capital has driven market growth, accounting for 34% ($16.3 billion) of all sales volume, led by buyers from Singapore (39%) and Canada (31%).
3.Industrial property remains the top-traded sector at $13.4 billion (29% share), while retail captured 27% and the 'Other' category jumped to 25% due to a large self-storage portfolio acquisition.

Offshore buyers drive investment higher
Industrial still top traded asset class, but only just
New South Wales outperforming, with big increase from Queensland

Report data

CUMULATIVE ANNUAL COMMERCIAL PROPERTY SALES (Australia) — as of August 31, 2026.

Metric	Estimate	Context
Commercial property sales volume	48.4 AUD billions	Includes transactions above $1.0 million each and preliminary sales data for August.
Offshore share of commercial property trading	34%	Offshore volume reached $16.3 bn.
National Self Storage REIT joint acquisition value	6.2 AUD billions	Acquired jointly by GIC of Singapore and Brookfield of Canada.
Industrial property sales volume	13.4 AUD billions	Accounted for 29% of total trading, down from 35% in CY 2025.
Retail property sales volume	12.3 AUD billions	Accounted for 27% of all trading.