End of Financial Year

11 Jul, 2024

FY24

What a year FY24 has been!

In the face of economic turbulence, the commercial property market of the past year has been marked by cautious optimism marred by persistent challenges.

Initial hopes for a rebound in 2023/24 were undercut by sustained high inflation, which dashed expectations for interest rate reductions. This caution has led property owners to adopt a ‘wait and see’ approach, slowing market activity.

Adapting to these challenges and opportunities remains pivotal for stakeholders navigating this complex market environment.

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