Material declines tipped across office portfolios - Australian Property Journal

Australia

The move towards better quality, longer lease durations, and reputable tenants will maintain strong occupancy rates in Australia's leading office real estate investment trusts (REITs). However, the industry may experience diminished values due to increasing interest rates and overall sector vulnerabilities. At the same time, the industrial sector's solid foundations and the retail portfolio's significant declines suggest a mixed outlook.

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