State of the property market in quarter 2 of 2022

The following are significant findings or conclusions made in this issue of Rode’s Report:

• Office vacancy rates improve, but remain elevated
• Real office rentals dive as building-cost inflation spikes
• Industrial market still in relatively good shape, but has it peaked?
• Flat rentals show signs of life
• Real house prices continue to decline
• Higher bond yields will put some upward pressure on cap rates

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