MSCI Real Estate H1 2025 in Review: Australia's Commercial Property Half Yearly Report Card - Brisbane

At the midpoint of 2025, the commercial real estate market is navigating a landscape shaped by economic uncertainty, geopolitical risk, and a still-evolving investment environment. Rising tariffs and trade tensions have added new pressure points for investors, while shifting capital flows continue to reshape the market.

Our panel of industry experts examine the key trends driving real estate performance in 2025. The discussion provided practical insights into market risks, opportunities, and what to expect in the second half of the year.

Key Topics of Discussion:

• Are transaction volumes showing signs of a sustained recovery in 2025, or are pricing gaps and uncertainty still limiting deal flow?
• How have valuations shifted year-to-date, and are we seeing evidence of a broad-based rebound or a continued divide between sectors and asset quality?
• With premium assets still commanding strong pricing, is the flight to quality narrative holding up, or are investors beginning to reassess risk across all asset classes?
• What role is private capital playing in 2025? Have institutional investors ramped up deployment, or are capital-raising headwinds still weighing on activity?