From www.professionalplanner.com.au: Charter Hall predicts the commercial property market in Australia has reached an inflection point, indicating an end to the decline in valuations that has persisted for over two years.
CEO David Harrison forecasts significant population growth, necessitating increased real estate supply, while Steve Bennett notes recent minor valuation increases in sectors like industrial and logistics.
Factors such as high construction costs, reduced building activity, and a strong economic outlook support the potential for future growth in commercial property investments.