VAP.AX is trading at A$85.15, up 3.49%, as listed Australian property trusts rallied amid a reassessment of the rate outlook after the RBA’s hike to 4.60%.
- The S&P/ASX 200 A-REIT index gained 3.60%.
- The RBA increase was widely expected; Wednesday’s inflation and labor-market reports encouraged some investors to consider a pause in further tightening.
- Reporting points to a sector-wide rebound, not a VAP-specific announcement; VAP tracks the A-REIT index.