Independent · public data · not advice

The bridge between macro and the market.

Australian commercial real estate, forecast from the top down and the bottom up — the RBA's cash rate joined to the supply pipeline and the leasing signal. A clear read on where yields and returns are heading, and the evidence to back it.

8.87%
Industrial · strongest sector
5-year total return p.a. in our base case — the lowest chance of a capital loss of any sector.
5 citiesevery commercial sector quarterlymethod shown in full

Why this exists

Macro houses tell you where rates are going. Agents tell you what's leasing. Almost no one joins the two.

Years in research, one wall kept coming up: no reliable way to marry a top-down macro view with the bottom-up reality of supply and demand on the ground. MPLC closes that gap — a model that runs from the cash rate down to the approvals pipeline and the leasing signal, built lean and fast where a research house needs a whole desk. Not a macro house. Not a property research shop — a specialist that gives you the call and the proof behind it.

01

This quarter's read

Five-year total return, by sector.

Base-case forecast, per annum. Income is doing the work while values soften — the spread between the strongest and weakest sector is the story.

0%
Industrial
Lowest loss risk · 13%
0%
Alternatives
Storage, healthcare, data
0%
Office
Supply collapsing
0%
Diversified
Blended exposure
0%
Retail
Highest loss risk · 36%
02

What you get

A clear call —
and everything behind it.

The report

Where each market is heading, and why — the forecast, the scenario stress-test, and the signals driving them, every number sourced. Enough to form a view in the time it takes to read it.

A view you can act on

The data

Every input, series and coefficient the forecast is built on — one tab per city, every commercial segment. Stress your own assumptions, challenge ours, or rebuild the call from scratch.

Check every number yourself
03

Coverage

Five markets. Every sector.

Market
Office
Retail
Industrial
Sydney
Melbourne
Brisbane
Perth
Adelaide

Office, retail and industrial across the five largest markets — one coherent, comparable read.

04

How it works

A two-layer model, in the open.

No black box. The method is published, the forecasts are tested against history, and every figure carries its source.

1

Top-down

The RBA cash rate and the bond market set the market yield each sector should price at — the macro anchor.

2

Bottom-up

The approvals pipeline and leasing signal tell us what supply and demand are actually doing on the ground.

3

The forecast

The two meet in a tested error-correction model, run thousands of times for a return range and a downside.

05

Pricing

Institutional depth, without the institutional price.

Pay as you go
Single report
$1,000
per city + sector, one quarter
  • One sector report, your choice of city
  • Full scenario stress-test
  • Every figure sourced
Buy a report
Best value · most popular
The full set
$4,500
all five sector reports, one quarter — save $500
  • All five sector reports
  • The Excel data workbook
  • The all-in-one market summary
  • Interim signal alerts between quarters
Get the full set
Annual — the desk
Quarterly subscription
$12,000/yr
everything, every quarter — save $6,000 vs per-quarter
  • All reports + data, all four quarters
  • Interim economic-signal watch
  • Priority on new markets
  • Direct line to the team behind the model
Subscribe

Enterprise (bespoke city/sector deep-dives, residential & mixed-use, direct access to the team) from $25,000/yr. For context, comparable institutional forecasting subscriptions run materially higher — and don't show you the method or the raw data.

Get started

See if you're seeing what we're seeing.

Start with one market, or take the full set. Information and forecasts only — not financial advice.