Some unlisted office-only funds are delivering positive returns to start the new year in a reprieve for the office sector after more than two years of steep valuation writedowns.
Mirvac Wholesale Office Fund, Lendlease Prime Property Fund and ISPT’s 50 Lonsdale Street Trust delivered positive returns during the three months to December.
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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com
