Insights H1 2025 | 5 Industrial market continues to shine The industrial property market continues to be a highly soughtafter asset class. A focus on residential housing development and still-high construction costs are capping the supply of new industrial precincts, driving values higher. Weaker inflation and forecast rate cuts will have a flow-on effect on the industrial market as consumer spending rises. Return to office mandates gain traction The office market, which was arguably up-ended by pandemicera lockdowns, has taken time to recover. However, the push to get teams back in the office is accelerating as the appetite of businesses to support across-theboard remote working has declined. A strong labour market in Australia, especially for white collar jobs, also bodes well for office demand. This new shift in workforce patterns will support both the office market and surrounding retail markets. Tenants and buyers seek quality Well-funded owner-occupiers continue to take advantage of the benefits of property ownership, driving demand in many markets. These buyers are seizing opportunities in softening markets, unphased by potential vacancies or investment returns.
RkJQdWJsaXNoZXIy MTI3ODI1