Updated Sep 7, 2026 – 12.24pm, first published at 11.40amMajor office tower and shopping centre owners say a lack of space and next to no new construction is shifting power rapidly from tenants to landlords, while investors want more exposure to commercial real estate – two trends that will inevitably push up rents and inflation.The increasing demand for commercial real estate is accelerating after the federal government’s changes to tax concessions for residential property investors, including the end of lucrative negative gearing allowances.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Labor’s tax changes create ‘seismic’ shift into commercial property
Two of the country’s largest office and shopping centre landlords say the investor demand comes amid short supply, pushing up rents and inflation.
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