PFA Property Podcast: Making Sense of the Current Property Market

Post Date: 20-03-2025

Author: Preston Rowe Paterson Sydney

Gregory Preston AM and Benjamin Martin-Henry discuss the current state-of-play in property, at a time where the greatest certainty is change.

Australian commercial real estate markets are showing signs of positive change, according to Benjamin Martin-Henry, Head of Private Asset Research Pacific at MSCI.

  Martin-Henry was participating in a wide-ranging property discussion with our Chairman & Managing Director Gregory Preston AM, as part of the PFA Podcast series.

  1. What do the latest results say about the current cycle for Australian commercial real estate – have values bottomed across all asset classes?
  2. What impact are rate cuts having thus far?
  3. Does Australia’s reputation as a global investment haven mitigate risks posed by geopolitical uncertainty?
  4. How are investors weighing forward income risk against capital market risks such as cap rates and discount rates across different real estate sectors?
  5. What is the latest on core asset classes including office, industrial, and retail property?
  6. Are current cap rate and discount rate assumptions for data centres sustainable, or could long-term valuation volatility emerge due to evolving user needs?
  7. Discussion of the recent Parliamentary Joint Committee decision on the wholesale investor test thresholds.