What a cash rate hold means for REITs

The bruising cycle of commercial property write-downs for ASX-listed landlords may finally be over by the end of this year, with interest rates expected to stay on hold for the remainder of the year, according to analysts.

The Reserve Bank of Australia on Tuesday left the cash rate steady at 4.35 per cent while maintaining a hawkish tone in its commentary, noting that inflation was no longer falling as fast as previously expected.