Buyers are recognising value at current pricing levels, CRE deals to top $44bn

RESEARCH

AFTER a subdued year or two, the commercial real estate transaction market may be picking up, after a 18% increase over the last six months compare to the same time last year...

The average size of transactions across commercial markets are up 60% year-to-date on 2023 and the proportion of institutional buyers is up from 34% to 64%...

Retail portfolios are now outpacing other sectors, after years of lagging. With retail recording relatively high yields, improving rents and occupancy...

Retail sales were up by 0.7% in August, bringing annual sales growth to 3.1%. With growth led by pharmaceuticals and toiletries, which grew by 8.7% year-on-year, and food...

Dexus is forecasting retail sales will continue to be driven by population growth and rising incomes, which should offset cost of living pressures. With retail sales expected to...

Shopping centres are benefiting from this improving retail sales growth. With the asset type also set to benefit from the supply of enclosed shopping centre space, which is projected to be...

With recent shopping centres deals including JY Group’s $195 million acquisition of a half-stake in Westfield Whitford City from Singaporean sovereign wealth fund GIC...

While office fund returns were the weakest, with a 15.2% drop over the year, after major declines in office valuations...

Despite this, there are pockets of strength in the office market, such as in the Sydney core CBD, where rents have increase by 13%...

Recent office transactions have included Mitsui Fudosan, which acquired a 66% stake in the office development of 55 Pitt Street for $1.3b in the largest deal of the...

While Mirvac has recently divested the 40 Miller Street, North Sydney office building to Barings for $140 million, and 367 Collins Street in Melbourne for...

The industrial sector has continued to ease over the last few quarters after unprecedented rent growth over the last 24 months...

Consensus forecasts for Australian interest rates to fall in 2025 bodes well for liquidity and real asset values in the year ahead...

With the AREIT index returning 24.6%, with AREITs returning 14.5% for the quarter and 47.0% for the year...

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