Higher interest rates and bond yields – a key determinant of value for commercial property – as well as weak demand will weigh the heaviest on lower grade office space.
Apartment rents to soar as housing shortage deepens macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
An undersupply of apartments relative to demand will drive rental spikes of more than 30 per cent in many suburbs over the next five years, according to CBRE.
Rental shock: Massive new rent increase forecast for Brisbane realestate.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realestate.com.au Daily Mail and Mail on Sunday newspapers.