"Strong economic conditions in WA are supporting demand for office space in the CBD, which is boosting rental growth."

"It’s been a year of transition from the Covid impacted lows, to the post-pandemic recovery and honeymoon period, tempered by a changing world economy and forecast headwinds for 2023."

"The Australian economy grew by 1.8% in the March quarter, being the only G7 Nation that has recorded GDP growth relative to pre-pandemic GDP. With the pandemic causing many retailers to close due to Government imposed lockdowns and foot traffic drastically reduced, retail property was negatively impacted."

"The Office sector has proven to be resilient through the pandemic. Capital values have remained unchanged the last 12 months, a reflection of how Australia handled the COVID-19 pandemic generally, which ultimately increased investor confidence in the office sector."

"Industrial property in Australia has experienced strong capital value growth and yield compression with continued demand from domestic private, institutional groups and foreign investors."