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Investa upgrades full-year earnings and signals stronger office rents

People & Companies / Latest News

Australia

Feb 22 2017

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Carolyn Cummins, The Sydney Morning Herald

Investa Office Fund has issued an earnings upgrade for the full-year of 3 per cent based on improving fundamentals for the national office market.

With rising tenant demand and new developments, such as 151 Clarence Street in Sydney, net effective rents are rising, as the level of incentives declined over the six months to December 31, 2106.

Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald

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