Dexus Research has released its Q2 2026 Australian Real Asset Review (ARAR), examining how Australia’s real asset markets are evolving amid elevated inflation, geopolitical uncertainty and a more volatile interest rate environment. These conditions have driven a widening divergence between listed and unlisted real assets over the quarter, with unlisted markets underpinned by comparatively stable valuations.

The past year reinforced something fundamental about the Australian retail landscape: well‑located, actively managed centres, underpinned by strong partnerships, continue to outperform – even as shopper behaviour evolves and macroeconomic settings shift.

The recent reporting season shows the AREIT sector is enjoying improving fundamentals and strengthening capital markets creating compelling opportunities for investors.