During the period, COF leased 42, sqm equating to c. While COF provides a robust portfolio occupancy of c. This was achieved against a backdrop of challenging macroeconomic headwinds including a high inflationary and interest rate environment coupled with slow GDP growth. Significantly, non-core assets were divested at an average discount of c. COF estimates that the economic rents required to support new developments have increased c.
Investment in transport infrastructure, such as the Sydney Metro and Brisbane Cross River Rail, will also improve commutability, especially to metropolitan and near city office markets. We use cookies to make our webpages more user-friendly, continuously improve them, and provide you with a personalised experience tailored to your interests. Learn about our use of cookies and manage your preferences in our Privacy policy and manage consent settings. Back to media centre.
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