Lendlease Group

LLC: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$98.00	Rymjf	Plkttgsh

Australia's Population Growth Will Continue to Buoy Rents; Fair Value Estimates Maintained for REITs

Alexander Prineas

Dec 11, 2023

The federal government’s migration review was released on Dec. 11 and it suggests high population growth remains the status quo. The review tinkers with various visa rules, but contains no major reduction in migrant numbers, suggesting high migration will persist, relative to precoronavirus levels and versus other developed countries.

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