The Commercial Property Report for December 2024 is here.

Key highlights:

• The NAB Commercial Property Index moved back into positive territory in the December quarter amid improved expectations for future capital growth and rents.
• Sentiment was higher in all sectors and turned positive for office property for the first time in almost 3 years.
• Market sentiment improved in all states bar Victoria, which is now the only state in negative territory. It is also lagging the rest of the country in all sectors, particularly office and retail.

For more detail, please see the attached report.
NABCommercialPropertySurvey(Q42024) (1)