The Australian commercial real estate market in 2024 appears to be on the brink of significant transformation, opening up new opportunities for savvy owners and purchasers. Influenced by multifaceted elements such as supply chain and construction costs, the cost of borrowing, evolving investment strategies, and changing consumer habits, the commercial sector is witnessing nuanced shifts across various market sectors. The prevailing cost of money is driving a trend towards softer yields across investment properties, Welcome to our H1 2024 Insights Angus Raine Executive Chairman Raine & Horne Group which is likely to trigger a reassessment among investors, potentially prompting the entry of properties into the market. Despite these transitions, a sense of cautious optimism permeates commercial sector. Rental sectors, like logistics, or retail properties with CPI-linked rental growth, are expected to remain relatively stable and profitable in the near future. Now is the ideal time to talk to your local Raine & Horne Commercial team to discuss how beneficial commercial property can be with the help of an expert team. “With the current trends in play, particularly in the office and retail sectors, we see plenty of opportunity for tenants, owner occupiers and investors.” Chris Nicholl General Manager - Raine & Horne Commercial Chris Nicholl General Manager Raine & Horne Commercial Insights H1 2024 | 03
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