annb0t
Top 20
By Lewis Jackson
SYDNEY (Reuters) - Australia's largest landlords have announced a string of downgrades to the values of their office block portfolios over the past month, but not by enough to humour investors.
While publicly traded commercial real estate markets have plunged, the hit to unit prices has not shown up fully in asset valuations, creating a stalemate between relatively upbeat landlords and buyers waiting for deeper discounts.
Office blocks are at the centre of the standoff. Empti...
>>> Read more: Analysis-Australian office landlords face price reckoning amid buyer impasse
SYDNEY (Reuters) - Australia's largest landlords have announced a string of downgrades to the values of their office block portfolios over the past month, but not by enough to humour investors.
While publicly traded commercial real estate markets have plunged, the hit to unit prices has not shown up fully in asset valuations, creating a stalemate between relatively upbeat landlords and buyers waiting for deeper discounts.
Office blocks are at the centre of the standoff. Empti...
>>> Read more: Analysis-Australian office landlords face price reckoning amid buyer impasse
