Prop Weekly
For Australian commercial property owners, investors, buyers, sellers and industry professionals
Week ending 16 October 2026Edition data verified 17 October 2026
MARKET UPDATE
4.60% ▲ 0.25 ppRBA cash rate · 29 Sep 2026
16.1% ▲ 0.3 ppNational office vacancy · PCA · Jul 2026
Yield 5.25% ▼ 0.09 pp (vs 9 Oct)AU 10Y government bond · 16 Oct 2026
$13.6bn ▲ 30%Retail volume · Savills · Aug 2026
AI-generated view of a fictional Australian commercial district and architectural model; not an actual development or Senate scene
Illustrative property-investment scene · AI-generated visualisation

Trust-tax proposal sent for Senate scrutiny

Proposed federal discretionary-trust tax changes have been referred to a Senate inquiry after property-industry concerns about the effect on commercial, industrial and housing developers. The proposal has not become law.

This week's wrap also tracks the A-REIT index's 1.73% fall, five completed sales and the latest market indicators and listings.

Property policy · 16 October 2026 · Verified 17 October 2026

Read the Property Council report (opens in a new tab)

Latest analysis

From the Prop Weekly newsdesk.

View all insights

Weekly A-REIT performance

Selected ASX-listed property securities grouped by their principal commercial property exposure.

Week ending 16 October 2026
Price return · AUD

On smaller screens, scroll the ledger horizontally to compare all fields.

16 October closing prices and one-week returns, with older market-cap and longer-period figures clearly dated to 2 October.
SecurityPortfolio focusMarket cap (2 Oct)16 Oct close1 weekYoY (2 Oct)YTD (2 Oct)3yr CAGR (2 Oct)5yr CAGR (2 Oct)
Office
COFCenturia Office REIT
Pure-play Australian metropolitan office portfolio$490m$0.8400.00%▼ 33.06%▼ 28.70%▼ 13.34%▼ 20.47%
DXSDexus
Prime CBD office with industrial and other real-asset exposure$5.95bn$5.69▲ 0.18%▼ 24.25%▼ 19.77%▼ 10.59%▼ 12.17%
Industrial & logistics
GMGGoodman Group
Global logistics, warehousing and data-centre property platform$53.26bn$26.39▼ 2.84%▼ 20.98%▼ 16.37%▲ 3.80%▲ 2.30%
Retail
SCGScentre Group
Westfield shopping centres across Australia and New Zealand$17.52bn$3.43▼ 0.58%▼ 17.28%▼ 20.24%▲ 6.54%▲ 2.93%
VCXVicinity Centres
Australian shopping centres and mixed-use retail destinations$10.54bn$2.35▲ 0.86%▼ 9.92%▼ 11.33%▲ 6.67%▲ 5.04%

16 October closes and one-week price returns exclude distributions. YoY, YTD, CAGR and approximate market caps remain dated 2 October; comparable longer-term price baselines were not reverified. ASX quote source checked 17 October 2026.

More from this edition

Current reports, selected for national relevance and linked to their original sources.

A-REIT index falls 1.73% for the week

The ASX 200 A-REIT Index declined 1.73% in the week to 16 October. The move measures listed securities, not direct-property valuations.

Property Markets News · 16 Oct 2026 · verified 17 Oct 2026

Taiwanese investor buys South Brisbane office for $81m

Daiken Investment Australia completed its first Australian property acquisition, buying the 10 Browning Street office building in South Brisbane for $81 million.

Property Markets News · 15 Oct 2026 · verified 17 Oct 2026

Cairns CBD office precinct attracts renewed investment

A refurbishment of the Cairns Commonwealth Centre is under way while the adjoining former Energy Queensland building is offered for redevelopment or refurbishment.

Property Markets News · 15 Oct 2026 · verified 17 Oct 2026

Top five transactions last week

Week ending 16 October 2026 · sorted by disclosed value

On smaller screens, scroll the ledger horizontally to compare all fields.

Completed Australian commercial property transactions with publicly reported values.
AssetBuyerSectorValueYield
10 Browning Street office building
South Brisbane, QLD · source verified 17 Oct 2026
Daiken Investment AustraliaOffice$81.00mn/d
Dream Haven industrial portfolio
Epping, VIC · source verified 17 Oct 2026
Private investorIndustrial$47.75mn/d
Caves Coastal Bar & Bungalows
Caves Beach, NSW · source verified 17 Oct 2026
MA Financial's Redcape Hotel GroupHospitality$40.00mn/d
196 O G Road office building
Felixstow, SA · source verified 17 Oct 2026
UndisclosedOffice$30.01mn/d
Hotel Regent Sydney, 56–58 Regent Street
Redfern, NSW · source verified 17 Oct 2026
UndisclosedHospitality$19.00mn/d

Recently verified listings

Two sale and two lease opportunities from the active national directory. No paid ranking.

Each record shows its source, verification date and availability so users can assess freshness before leaving Prop Weekly.

How to read the ledger

Sources, freshness and terminology

Prop Weekly links records to original publisher or listing sources. “Verified” is the date the record and source link were last checked; it is not the publication or transaction date. Listings can change between checks, so confirm availability with the named agency.

pp
Percentage points.
YoY
Year on year.
n/d
Not disclosed.
EOI
Expressions of interest.
GLA
Gross lettable area.
Source rights, corrections and removal

Prop Weekly publishes short factual summaries and links readers to the original listing. Source content, photographs, logos and trademarks remain the property of their respective owners, and inclusion does not imply endorsement. We do not automatically extract from sources whose published terms expressly prohibit it.

If you own or represent a source and want a listing corrected or removed, email admin [at] propweekly.au. We will verify the request and act promptly.