THIS latest episode of Australian Property Journal’s Talking Property is brought to you by MSCI. Our guest Benjamin Martin-Henry, Head of Real Estate Research, Pacific, MSCI, returns to APJ’s Talking Property, and chats to Nelson Yap about the Australian Capital Markets. Commercial real estate transactions has slowed. The significant gap between pricing and expectations. Core sectors vs alternative. Price discovery and lack of transactions, how has that impacted valuations? Australia hasn’t seen significant write-downs compared to other global markets. The upcoming annual reporting season, what to expect from valuations? Liquidity, Australia remains the most liquid market despite the lack of transactions. Build-to-Rent, changes to managed investment trust (MIT) is expected to spur domestic players to look to offshore capital markets, and find development partners and/or funding.