Cushman & Wakefield says Australian commercial property values hold up as supply scarcity offsets rate cycle

• Cushman & Wakefield flagged cyclical repricing risk for Australian commercial property as interest rates reverse, with 10-year yields back to 2011 levels.
• Residential correction seen cutting national house prices by up to 15% from peak, setting a weaker macro backdrop for real assets.
• Commercial fundamentals still firm as supply scarcity supports rents; major retail landlords report near-zero vacancy, visits up over 3%.
• Construction costs up more than 40% in five years, undermining development feasibility, limiting new stock across most sectors.
• Data centers remain an outlier; hyperscaler capex targets USD 1 trillion in 2026, Sydney vacancy at 2.2% despite 131MW added.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield Ltd. published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.