What’s the 2023/24 outlook for commercial property?
As we are now full swing into 2024 financial year, the global economic outlook looks uncertain. The Australian commercial property industry is highly sensitive to movements in interest rates, making it more important than ever for investors, owners, occupiers and developers to understand the economic outlook. The recently released Real Estate Institute of Australia End of Financial Year Economic Outlook for Commercial Real Estate report finds that while consumer confidence has been near record lows for some