State of the property market in quarter 3 of 2005

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

• Shopping-centre capitalization rates take a breather
• Income-stream growth drives listed funds' prices
• Nominal rental growth shows promise, but is still not close to beating building-cost inflation
• Industrial rentals still racing ahead
• House prices still losing steam
• Building-cost inflation still strong as a result of robust building activity

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