Dexus Board Presentation Worth a Look

The following Board Presentation from Dexus identifies 7 key themes for property investment in the office sector for the coming years ahead.

Summary:

Theme 1 - Uncertainty is the one thing we can be certain about
Theme 2 - Occupier demand likely to be influenced by confidence
Sydney CBD office net absorption Employment growth still solid, Government decentralising
Melbourne CBD office net absorption Demand being boosted by super-strong population and jobs growth
Theme 3 Low vacancy rates give office markets a high degree of resilience
Theme 4 Office markets are at different points in their cycles
Theme 5 People will keep flocking to CBDs and inner city areas
Theme 6 Lower-for-longer interest rates will underpin investment demand
Yield spreads Real estate just became more affordable
Relative value Australian office property doesn’t appear expensive on a global scale
Theme 7 Australia has the best demographics in the developed world

®