I get where you're coming from but one of the reasons I invest in property companies like Dexus is that a majority of their tenants are reputable businesses that are capable of paying rent.
Doing a decent job 12 months working from home is one thing but it comes to a point where people will seek to change jobs, new starters in the business, lack of social activities and colleague socialisation, which will ultimately lead to a sedated company culture. I think having working from home routines will continue to be popular but the office space will still be there. Even if a company decides it only wants to lease to accommodate for 75% of their staff, social distancing and the current culture would require more space per employee and hence a larger area for these business to lease.
I can see the SP going further down in the coming year due to the current climate but ultimately see A-grade/premium assets in the city performing well
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Last
$6.81 |
Change
0.055(0.81%) |
Mkt cap ! $7.303B |
Open | High | Low | Value | Volume |
$6.78 | $6.81 | $6.73 | $3.137M | 462.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 23891 | $6.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.81 | 4625 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 13853 | 6.800 |
26 | 29987 | 6.790 |
17 | 41949 | 6.780 |
12 | 38915 | 6.770 |
11 | 9567 | 6.760 |
Price($) | Vol. | No. |
---|---|---|
6.810 | 8812 | 28 |
6.820 | 33985 | 16 |
6.830 | 40154 | 11 |
6.840 | 23694 | 6 |
6.850 | 9201 | 6 |
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