Lyndon Wheeler

Following a correction in valuations during 2023, investors are turning cautiously optimistic about Australian real estate again and refocusing on the sector’s structural growth, which is being underpinned by heavy investment into higher environmental standards.

The boom in Australian property prices is well-known. But while most of the attention has focused on residential house prices, which rose 25% last year, an equally compelling story has been unfolding in commercial real estate. And though many analysts expect a sharp drop in the residential sector over the next two years in response to rising interest rates, we...