Australia’s office sector has suffered the pandemic-induced doldrums, but green shoots are emerging for the nation’s A-REITs as they look to capture the upside of structural tailwinds. 

Many of the office funds have reported valuation stabilisation and rental growth across Australian portfolios, in a marked turnaround for the sector. 

Changing sentiments to office-based work and an increased focus on productivity are strengthening demand fundamentals in the medium term, while transactions are pointing to recovery.