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An emerging housing option, land lease communities are typically aimed at budget retirees. Residents buy a pre-fabricated home from the housing estate operator then pay a ground rent for their site. ....
Scentre’s leasing spreads, the difference in rents between old and new agreements, is expected to remain positive even as consumer spending slows. ....
The developer and landlord has tried twice since 2022 to sell a central Melbourne office tower. It needs to do that to develop higher-yielding buildings. ....
However, even an increase in attendance is unlikely to offset the overall fall in demand for office space as hybrid work stays in play, experts say. ....