- Sydney and Melbourne’s property outperformance will continue in 2018 but at a lower rate due to ongoing economic convergence between states
- The business economy is faring better than the consumer economy; we expect retail to be the most challenged commercial property sector in 2018
- With property yields currently at or near cyclical lows, rental growth and ‘value-add’ strategies will be the main drivers of capital value growth in coming years
- There currently exists deviations from long-term pricing relativities that present countercyclical investment opportunities
- Technological evolution will continue to re-shape occupier needs in all sectors