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Australian real estate lures investors seeking alternative income

Australian real estate lures investors seeking alternative income

Nikkei Asia15 hours ago
The real estate sector in Sydney and other big Australian cities is attracting growing interest among overseas investors. © Reuters
JADA NAGUMO
TOKYO -- Investors hunting for some safe haven income are turning to Australia's growing real estate sector, boosting companies that help them direct their money into loans to property developers.
The country's robust but predominantly inwardly focused economy, contained inflation and growing population make it a safe and stable investment destination with lower levels of volatility, according to Zagga, a player in the country's private real estate credit market.
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