Rental listings were up 4% month-on-month during November, with ‘oversupply’ scenario tempering rental prices.
Covid-19 is considered a force majeure under the agreement with central government.
The buyer isn’t yet known, as Charter Hall pockets $36.9m.
The property fund has lost deposits on two property acquisitions.
The property fund wants to get its LVR out of the low 40% range.
It expects to settle a $140m acquisition on Thursday.
The Property Council says the group's letter was “inflammatory and out of context”.
Variable rent programmes mooted as a solution to keep businesses afloat.
The pandemic has caused valuer to soften assumptions around rental growth, vacancy and trading conditions.
In part two, Nigel Mayson looks at threats and opportunities for commercial property players.
