Zapii Research https://zapii.com.au/research/ Independent research on the Australian commercial property market by Zapii. en-au What the market was actually selling https://zapii.com.au/research/opportunity-mix/ https://zapii.com.au/research/opportunity-mix/ Tue, 15 Sep 2026 14:00:00 GMT Opportunity mix Josh Deckart We read every opportunity signal across 1,539 live commercial listings. The advertised market is overwhelmingly buy-and-hold income. Rental reversion and under-rented stock together account for 2.2% of the book, and confirmed strata opportunities for 1.9%. Fifty information memoranda. Not one was ready to buy. https://zapii.com.au/research/fifty-information-memoranda/ https://zapii.com.au/research/fifty-information-memoranda/ Tue, 15 Sep 2026 14:00:00 GMT Deal book Josh Deckart We read fifty commercial information memoranda and every document supplied with them against a fixed doctrine. The result was 866 findings, 91 of them critical. Three in four of those critical findings were not about the building. They were about what nobody sent. The two books: what Australia’s advertised commercial market can and cannot tell you https://zapii.com.au/research/two-books/ https://zapii.com.au/research/two-books/ Tue, 15 Sep 2026 14:00:00 GMT Market report Josh Deckart There are two records of the Australian commercial market and they do not reconcile: the advertised book and the institutional book. This report reads both, and shows with a measurement rather than an assertion why the gap between them is structural.