Dexus

Plus: Meta shares fall as FT flags mega share sale ahead; SpaceX USD75b IPO already oversubscribed; Blowout jobs number cements Fed hike bets before year end.

The chief executives of two major Australian property players have told investors that the office market is yet to fully recover from the occupancy crisis stemming from the Covid-19 lockdowns.

The nation's largest office landlord was forced into a billion dollar write down in its property portfolio - and the WFH revolution is to blame.