🟢 Australian Property ETF (VAP.AX) is trading 3.4% up on a broad REIT rebound

VAP.AX is trading at A$90.05, up 3.40%, in line with a broad Australian REIT rebound.

• The supplied market update says the sector gained 6.7% over the prior week; moderating bond yields were also cited as support for property shares.
• The RBA raised its cash rate to 4.85%, a headwind for property securities, though its split decision may have softened the market response. The rebound, rather than any single confirmed event, is the clearest explanation.