COMMERCIAL PROPERTY, SALES & LEASING
OFFICE values recorded their worst quarterly decline since 2009 in the three months to the end of June amid the uncertain economic outlook...
The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index quarterly return was -2.8% the June quarter, with office funds the...
“After months of speculation about when the market will see significant falls in value for the office sector, they have finally arrived,”...
The one-month capital growth for June alone came in at -5.2%, which drove the worst 12-month total return since early 2010...
The office sector is facing structural headwinds in the form of hybrid and remote working, as businesses continue to assess their...
A moderate scenario in MicKinsey’s modelling suggests office demand will be 13% lower by 2030, while attendance will remain 30% lower than pre-COVID...
Australia had been for some time looking on overseas as office values were slashed, until a spate of deals and revaluations confirmed...
Dexus saw 7.7% wiped off the value of its office towers after confirming that its 44 Market Street tower in the Sydney CBD had sold at...
MSCI’s research shows retail funds recorded capital growth of -3.4% for the June quarter, while industrial managed to continue bucking the trend...
Overall annual performance slipped into negative territory as the Index recorded a total return of -1.3%, compared to the 4.2% recorded in...
Industrial funds were unsurprisingly the stand-out performers, although the total return of 6.0% well down from the 20.4% seen a year ago...
Office funds recorded an annual total return of -4.4%, comprising of negative capital growth of -7.9% and an income return of 3.7%...
Retail funds performed better than their office counterparts, but the annual capital growth of -4.0% is an almost complete reversal of the 3.9% recorded 12 months ago.