Excavating Investment Risk and Value Drivers in the Commercial Office Sector
Q3 Portfolio Performance Q&A with Toby Lewis, Founder & Managing Director of Marquette Properties
Question 8
MP: What are you seeing across your property portfolio in terms of leasing volumes?
Toby: Over the past 6 months of 2023 we have seen approximately 29 new deals/Heads Of Agreement across our portfolio comprising roughly 11,400 sqm of space. Given the growth being seen in the Brisbane market, the majority of rents are being struck above our original underwrite. Incentives remain high, but the supply imbalance may see reductions in aggregate incentives over the short to medium term.
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* Actual investment performance may differ materially from forecast returns.
** Please note that past performance is not a reliable indicator of future performance.
Disclaimer: Each of Golden Goose Capital Pty Ltd, (AR No:1301 947), MP Funds Management Pty Ltd currently (AR No:1301 946) and MP Report Australia Pty Ltd (AR No:1301 948) has been appointed as an authorised representative of Durant Wyot Funds Management Pty Ltd (ABN 41 655 164 864, AFSL No: 537318).