According to the Sydney Morning Herald, businesses selling overseas-based assets could benefit from the current economic conditions when dealing with overseas properties.
Investa Office Fund and Charter Hall Office are two companies currently divesting US and European buildings, with the Australian dollar playing a significant role in the successful deals.
Adrian Atkins, property analyst for Morningstar Equities, reported in a note to the clients of Investa that all of the organisation's international properties were for sale.
"Fortunately, low official interest rates in the US and Europe increase demand for income investments like property, leading to a rebound in property values after the global financial crisis," he added.
This news comes after Global Property Guide noted that Australian home values had dropped since the hike in interests.
Posted by Craig Francis