Monark Property Partners Powering Growth For East Coast Developers

Monark Property Partners has strengthened its foothold in the east with the launch of a new Sydney office, reinforcing its commitment to supporting high-quality developments across Australia’s mid-market property sector.

Known for providing flexible debt and equity solutions, Monark says the move reflects rising demand for smart, partnership-driven capital in the region.

Tom Nadav, recently appointed Director of Investments, said the move was a “natural progression” for the firm.

“Sydney is a dynamic, resilient market, underpinned by strong fundamentals, consistent demand, and high calibre of developers. Establishing an on-ground presence here was a natural progression,” he said.

“Our decision was driven by the opportunity to bring Monark’s tailored capital solutions across the full capital stack to a new group of partners.”

Nadav said Monark is focused on structuring bespoke funding solutions rather than taking a formulaic approach.

“We see a significant opportunity to partner with developers who share our commitment to quality, execution, and long-term success,” he said.

The firm’s track record in Melbourne, spanning over a decade, includes backing both emerging and established developers. Nadav said Monark’s approach is “opportunity-led” with capital deployed selectively.

“While strong property fundamentals are always our starting point, our conviction to invest ultimately comes down to the people behind the projects – their vision, their ability to execute, and their alignment with our values,” he said.

“We aim to bring real value to every project we back.”

For Nadav, who is leading the establishment of Monark’s Sydney office, the role was compelling for its culture of collaboration and long-term thinking.

“It was the people – a team marked by cohesion, deep expertise and genuine commitment to excellence,” he said. “Our goal is to partner with our borrowers, support their growth ambitions, and be a strategic ally across their development journey.”

Australia’s major CBD office markets are recording some of their strongest rental growth since the pandemic, with businesses increasingly prioritising premium office space despite elevated geopolitical and economic uncertainty.

Knight Frank’s Australian Office Indicators Q1 2026 report found net effective rents in Sydney and Melbourne CBDs rose at their fastest annual pace since COVID-19, increasing 10.2 per cent and 6.8 per cent respectively over the 12 months to March.

Brisbane posted the strongest growth nationally, with net effective rents climbing 11.7 per cent over the same period.

The report points to a widening divide between prime CBD office towers and secondary office stock, as occupiers increasingly focus on quality, location and workplace amenity when making leasing decisions.

Knight Frank Senior Economist, Research & Consulting Alistair Read said demand remained heavily concentrated in premium assets within core CBD precincts, helping drive stronger rental growth in top-tier buildings.

“Occupier demand continues to be heavily concentrated in the most desirable CBD precincts and the highest-quality buildings, accelerating a sharp divergence between core and non-core markets,” Mr Read said.

According to the report, Sydney’s Core precinct and Melbourne’s Eastern Core significantly outperformed broader CBD markets over the past year.

“In Sydney’s Core precinct and Melbourne’s Eastern Core, net effective rents surged 14.3% and 16.1% over the past year, significantly outperforming the rest-of-CBD precincts,” Mr Read said.

The rental gap between prime and non-prime office locations has also continued to widen sharply.

“As a result, core CBD rents are now 54% higher than non-core locations in Sydney and 93% higher in Melbourne, highlighting the growing premium placed on amenity, accessibility and workplace quality,” he said.

Knight Frank said the strong rental growth across the major CBDs was being underpinned by a limited supply pipeline, with few new office developments expected to be delivered in the near term.

Mr Read said subdued construction activity was likely to support ongoing rental growth and tighter vacancy rates over the medium term, particularly for premium office towers.

“The combination of sustained demand and declining levels of new development will aid ongoing prime rental growth and lower vacancy rates over the medium term, particularly for best-in-class assets,” he said.

The report noted that current economic conditions were making new office developments increasingly difficult to justify financially.

“Economic rents remain well above expected market rents, making the construction of new office towers largely unviable, and concentrating tenant demand into existing buildings,” Mr Read said.

While suburban office markets generally remained subdued compared with CBDs, Melbourne’s Southbank precinct was identified as a relative outperformer, recording annual net effective rental growth of 2.7 per cent.

The report comes as broader Asia-Pacific office markets continue to stabilise following several years of disruption linked to hybrid work trends, inflation and rising interest rates.

Knight Frank’s separate Asia-Pacific Q1 2026 Office Highlights report found Sydney and Brisbane were among the strongest-performing office rental markets in the region, behind only Bengaluru and Tokyo for annual prime net face rental growth.

The Asia-Pacific report also found 18 of the 24 cities monitored across the region recorded stable or increasing rents in the first quarter of 2026, even as geopolitical uncertainty intensified following escalating conflict in the Middle East.

Monark Property Partners Powering Growth For East Coast Developers

Monark Property Partners has opened a Sydney office, signalling a strategic push to fund high-quality developments along the eastern seaboard.

Office rents in Sydney, Melbourne and Brisbane are climbing at their fastest pace since the pandemic as tenants compete for premium CBD space amid tightening supply.