Talking Property with CBRE

As the global head of investor thought leadership for CBRE and overseer of the Asia Pacific Research team, Henry Chin is always in demand when he visits Australia. We were lucky enough to nab him while he was in town for our Talking Property podcast to get his wide-ranging views on topics that are top of mind for investors. Tune in to hear Henry's take on the current interest rate trajectory, the biggest investor challenges and why he thinks the pendulum is swinging back in favour of the retail sector. He also weighs in on why we need to stop talking about the future of office, where he'd park $200 million if he had the cash, and whether he still believes Australia is in “La La Land” when it comes to commercial property values.

Housing, housing, housing. It was a conversation that dominated the Property Council of Australia's annual Property Leaders' Summit given the country's current supply crisis. But a range of other topics were also put under the microscope, including the current interest rate trajectory, views on alternative property assets, if we're on track to meet our ambitious energy transition targets, and whether early AI adopters will reap a competitive advantage. The Summit is the hottest property ticket in town, and it's governed by the Chatham House Rule. So, we were excited by the opportunity to discuss - under the Chatham House Rule of course - key outtakes with the Property Council's Executive Director of Capital Markets Antony Knep and the Capital Markets Division Council President Carmel Hourigan, who is also Charter Hall's Office CEO.

From humble beginnings, Salta Properties has grown to be one of Australia's largest privately owned property companies.In this latest episode of Talking Property, we discuss the company's evolution, its $3 billion build to rent strategy, the office outlook and what's next for the industrial& logistics sector with Salta's Managing Director Sam Tarascio. Sam also gives his views on the current housing supply crisis and what's needed from government at both a Victorian and national level to stop the bottlenecks.

How can we future proof office buildings? Give workers a better guest experience so that they want to come into the office? And what tactics can landlords employ to foster the workplace experience and provide greater flexibility to enhance occupier engagement, property values, and truly earn the commute?To get under the hood, we've spoken to Jaelle Ang, CEO and founder of The Great Room by Industrious, and CBRE's Executive Managing Director of Property Management, Pacific, Nat Slessor, on our latest Talking Property podcast.

Could land lease communities be one of the solutions for Australia's housing affordability crisis?They've become an increasingly sought after option for retirees. Some 130,000 people are living in these estates and the $12 billion sector having been described as the fastest growing solution for downsizers in Australia.But what exactly is a land lease community, what are the pros and cons of buying into them, how much growth is likely in this sector and why is it rising on the radar of local and offshore institutions and developers?We explore this with Kate Melrose from the Ingenia Communities Group alongside CBRE's Liam Greentree and Kat Hale in our latest Talking Property podcast.We also discuss CBRE's inaugural residential valuers survey, which shines a light on the ever-pressing need for more affordable housing options in Australia.If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at talkingproperty@cbre.com.

While there's broad agreement on some of the longer-term tailwinds for the Australian real estate market, conviction is still lacking when it comes to the strength of future rent growth, exit values and in some cases the regulatory environment.  That's one of the areas up for discussion in our quarterly Talking Property: The House View podcast, which explores the opportunities and challenges ahead for the retail, office, industrial and living sectors.Tune in to hear CBRE's Pacific Advisory Services CEO Phil Rowland Pacific Head of Research Sameer Chopra give their take on fresh interest in the retail investment market, the ongoing gap between office fundamentals and sentiment, the unprecedented demand conditions and supply side challenges in the residential market and whether occupier demand is beginning to moderate in the industrial sector.If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at talkingproperty@cbre.com.

By 2100, some 10 billion people will live in around 10,000 cities across the globe. Just in Australia, our population is tipped to rise by 15 million people over the next 36 years.So how do we accommodate this growth, deal with the current housing shortage, continue to decarbonise, harness the power of AI and manage the long-term impacts of the pandemic?These issues were centre stage at the Property Council of Australia's Future Cities Summit, which was headlined by one of the world's leading urbanists, Professor Greg Clark. He joins us on Talking Property alongside CBRE's NSW Director of Government & Industry Ash Nicholson to discuss how we can make our cities liveable, loveable and prosperous.If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at talkingproperty@cbre.com.

The capital flowing into Australia's commercial real estate sector dipped significantly in 2023, as many local and offshore investors sat on the sidelines. But are there signs of a market shift? In this latest Talking Property episode, we zero in on how global investors are viewing the Australian market, which sectors are most in favour, where the money is coming from and what the expectations are for the year ahead. CBRE's Stuart McCann, Head of International Capital & Capital Advisory, Pacific and Southeast Asia joins Tom Broderick, CBRE's Australian Head of Capital Markets Research, to discuss the outlook and some of the key trends highlighted in our latest Capital Flows report, which you can read here. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at talkingproperty@cbre.com.

Hundreds of Australian companies have just posted their half year results, including a swag of ASX-listed property stocks. Australian Financial Review columnist Robert Harley, The Australian's commercial property editor Ben Wilmot and the Sydney Morning Herald's commercial property editor Carolyn Cummins join this latest episode of Talking Property to cut through the financials, discuss the trends and give a view on what's next. In this wide-ranging discussion, they touch on the sectors which outperformed, whether office is still a “dirty word”, why alternative assets are in focus and the outlook for asset values. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at talkingproperty@cbre.com.

Could building on top of older apartment blocks be one of the solutions to Australia's housing crisis? Airspace above existing strata buildings is a $150 billion opportunity in Sydney alone according to one leading advocate. Equally, is going up the only solution for the owners of these blocks? Given tight rental market conditions across the country, there's also huge demand from investors wanting to purchase these blocks outright.  It's a topic explored in this latest episode of Talking Property featuring Warren Livesey, Head of the Association of Rooftop & Airspace Development, and CBRE Metropolitan Investments Director Toby Silk.They also delve into the opportunities for airspace development, not just above strata apartment blocks but also around hospitals, transportation hubs, fire and police stations to create key worker housing.If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at talkingproperty@cbre.com.

There are positive signals for the Australian real estate sector. Inflation is showing signs of moderating, interest rates appear to have peaked, employment remains resilient and cap rate expansion seems to be topping out. All of this is flowing through to improving investor sentiment.But we're still in a very volatile and uncertain geopolitical environment and China's economic woes are heightening. So, what does this mean for real estate?  Find out in this latest episode of Talking Property: The House View as CBRE's Phil Rowland, Pacific Advisory Services CEO, and Sameer Chopra, Pacific Head of Research, chat about pricing, investor intentions, the vacancy outlook, cost of living pressures, and some of their key predictions. 

To wrap up our 2024 property predictions series, we chat with Aware Real Estate's Michelle McNally and Aliro Group's David Southon. They give us their views on the best property market opportunities this year and the areas ripe for transformation. The tailwinds in residential and the opportunities being presented by supply challenges, immigration and a growing economy are among the topics up for discussion  If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com. 

In the second part of our 2024 property outlook series, we chat with ISPT's Chris Chapple, Brookfield's Leonie Wilkinson and Investa's Pete Menegazzo.  They give us their views on the best property market opportunities this year and the areas ripe for transformation. Sectors in the spotlight include life sciences and living, as Australia's population demographics shift and the need for new housing continues to dominate the news headlines. The industrial & logistics sector, while coming off unprecedented highs, remains on the radar and premium office space is back in favour. Challenges moving forward include the need to play catch up on the technology front, repurpose ageing office stock and combine and conquer as an industry to tackle complex sustainability challenges. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com.  

To kick off our 2024 property predictions series, we chat with Charter Hall's David Harrison, CBRE Investment Management's Alex Crossing and Lendlease's Dale Connor. They give us their views on the best property market opportunities this year and the areas ripe for transformation. In the spotlight are “beds, meds and sheds”, the conviction around prime office opportunities, the intersection between transport and property, an ever-increasing focus on sustainability and whether we're returning to an “old normal”.  It's the first episode in a three part series, with Episode 2 set to go live on January 18 featuring ISPT's Chris Chapple, Brookfield's Leonie Wilkinson and Investa's Pete Menegazzo. Episode 3 will launch on January 25, headlined by Aware Real Estate's Michelle McNally and Aliro's David Southon. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com.  

Funding constraints, rising interest rates and downward pressure on asset pricing have been key property market themes in 2023. But what does the future hold? Will 2024 be a turning point – particularly for the office sector? Will debt funding be more readily available? And will investors increasingly look at new capital structures to drive their property investment strategies? We unpack this and more in our latest Talking Property episode featuring CBRE's Australian head of Offie and Capital Markets Research Tom Broderick, the Pacific head of CBRE's Debt & Structured Finance team Andrew McCasker and CBRE's Pacific head of Investment Banking Paul Ryan. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com. You can also find out more about CBRE's recent Lenders Sentiment Survey here and access our latest Australian Office Occupancy research here. 

Australia's student accommodation sector has been in the spotlight as international students return to our shores and investors circle what's becoming one of the country's most sought-after alternative asset classes. But the demand for purpose-built accommodation is outstripping supply as the sector grapples with the same issues facing the country's broader housing market. So, what does the future hold? What measures are needed to address the current supply shortfall? And how can investors access this dynamic sector to propel its future growth? Find out in our latest Talking Property podcast from Anouk Darling, the CEO of Scape – one of Australia's largest student accommodation owners and operators; Alex Crossing, the Asia Pacific Regional Head of Indirect Private Real Estate at CBRE Investment Management; and CBRE's Pacific Head of Research Sameer Chopra.  If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com. You can also find out more in CBRE's recent Accommodating the Growth in International Students research report. 

Social and affordable housing has made up only about 1% of the homes that have been built in Australia over the past decade. It's an area that needs urgent attention as a growing number of people experience rental stress and homelessness. But how do investors and developers get involved in a sector that's still largely misunderstood? And what are the benefits? We explore this in our latest Talking Property podcast featuring Wendy Hayhurst - CEO of the Community Housing Industry Association, Nicholas Proud - CEO of Powerhousing Australia, Gavin Salt - Residential Lead at i2C Architects, and Steph Harper, Valuation & Advisory Services Director for CBRE's Living Sectors business. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com.  

Sky-high industrial facilities of up to 17-storeys are common in cities such as Tokyo, Hong Kong and Shanghai. But could multi-storey warehouses also start to proliferate in Australia, given ongoing supply challenges in our Industrial & Logistics sector? It's a question explored in our latest Talking Property podcast by Charter Hall Development Manager Jack Hansen, CBRE's Head of Industrial & Logistics Research Sass J-Baleh and CBRE's South Sydney Managing Director Nathan Egan. In this episode they discuss the reasons why some cities are better suited to multi-storey projects, what developers need to consider and what's top of mind for occupiers in a market sector that's only just beginning to evolve in Australia. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com. And you can read CBRE's Rise of Multi-Storey Warehousing report here.       

Major infrastructure can have an outsized impact on our cities.  And nowhere is that becoming more apparent than in Sydney where the new Metro rail network is transforming suburbs, driving up property prices and creating more vibrant communities. In this latest Talking Property episode, we speak to CBRE's Pacific Head of Research Sameer Chopra and REA Group Economist Anne Flaherty to discover just how significant the Metro's impact will be and the opportunities it will create for investors and developers. In their wide-ranging discussion, Sameer and Anne assess the scale of the price gains that buyers can expect from living near the Metro and why shorter commutes are such a drawcard, particularly for Gen Y and Gen Z. And it's not just a Sydney-centric trend, with rail projects set to benefit many other major Australian cities. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com. And you can read our Metro – Transforming Sydney Precincts report here.   

There are continued challenges in the real estate sector, particularly in the capital markets arena, as the cost of debt rises and sentiment wanes. An acute housing supply shortage in Australia is also continuing to dominate the media headlines. But there are also clear areas of opportunity, one of them being alternative asset classes such as student accommodation. Find out more in this latest episode of Talking Property: The House View where CBRE's Phil Rowland, Pacific Advisory Services CEO, and Sameer Chopra, Pacific Head of Research, give some thought-provoking views on the property topics that are currently being debated, including the outlook for house prices, construction costs and commercial asset values. Subscribe on Apple or Spotify so you don't miss the next quarterly forecast in early February 2024. 

Adaptive re-use. It's a hot topic right now as developers and investors assess how to best repurpose office buildings that are no longer fit for use. Given Australia's housing crisis, it seems a given that some of these empty office towers could be converted to apartments. But is this a magic bullet and what are some of the hurdles we need to overcome? And if not for apartments, what other uses could be considered for our ageing office stock. In this latest Talking Property episode, we speak to the Principal and Commercial & Workplace Sector Lead at Hassell Ingrid Bakker, the Executive Director of Business NSW David Harding and the head of CBRE's UK Development Advisory Business Zoe Bignell to assess the options available to reenergise our CBDs and create true 24/7 cities. If you have any questions regarding this episode or property topics that you'd like CBRE to address in future episodes, please email us at: talkingproperty@cbre.com. 

In 2019, Australia's visitor economy was worth more than $166 billion and considered the country's fourth largest export sector. As one of the world's most liveable cities, Sydney has consistently placed amongst the top ten in the Global Liveability Ranking, a yearly assessment by the Economist Intelligence Unit. The global city was even named the world's fourth most liveable city in 2023, beating out major cities like Vancouver and Geneva. One person who has contributed significantly to this performance is Steve Cox, CEO of Destination NSW. Part of his role is to drive the strategic direction of Destination New South Wales and the delivery of the visitor economy strategy for the state. In his exclusive interview with CBRE Pacific's Chief Executive Officer, Phil Rowland, Cox explains the real-time strategies that his team are using to achieve economic targets and social benefits while bringing stakeholders together to make a difference to the people of NSW.  To form a guiding blueprint for other global cities to take inspiration from, this vital conversation explores:  Ways to develop the visitor economy Building the brand and reputation of a leading global city Driving repeat visitation locally and abroad How the existing built environment can be used to produce results Showcasing the hidden potential of cultural ‘villages' beyond the city's popular landmarks For more insights on how to create a thriving global city, read CBRE's recent feature on how experts are building world class cities. If you have any questions from this episode or property topics that you'd like CBRE to answer in future episodes, please email us at: talkingproperty@cbre.com. 

Is it possible to create an industrial workplace that workers want to be in? Or even an industrial workplace which sets a bold new standard in sustainability? While office, residential and retail spaces were the first property types to experience the real benefits of ESG (Environmental, Social and Governance) and placemaking initiatives, the industrial & logistics space is now a major investment grade asset class which is also beginning to inherit the same sustainability criteria. It's a strong indication that industrial property has changed and is no longer just about employees arriving to work in a shed and then clocking off. In our latest ESG in Conversation series, CBRE's Pacific Head of ESG, Su-Fern Tan, talks exclusively to Andrew Thai, National Sustainability Manager for Frasers Property Industrial, and Tamara Williams, Head of ESG for Altis. In this insightful talk, the trio explore the real-time sustainability strategies being used by today's leading developers to help future proof their portfolios while showcasing the unique ROI opportunities that innovation in this space can bring.With analysis based around The YARDS project, the first industrial estate to ever achieve a Green Star Communities rating from the Green Building Council of Australia, the experts will specifically look at:  What this industrial project did to earn this rating The challenges of pursuing the maximum Green Star rating for industrial assets The hidden benefits of providing workers with amenities and a sense of community Identifying the value of this rating system and the value of social impact for industrial assets Which stakeholders are demanding this radical shift in industrial assets If you have any questions from this episode or property topics that you'd like CBRE to answer in future episodes, please email us at: talkingproperty@cbre.com. 

In Australia's 2023 May budget, the government announced 1.5 million in net migration for the country over five years to help revive a stalling economy. CBRE's in-house budget analysis had experts evaluating this as a huge number of people to accommodate.It's this sentiment which leads perfectly into this week's Talking Property episode which explores Australia's build-to-rent (BTR) sector in detail - blocks of apartments that are specifically built to be leased rather than sold to individual owners. As an emerging asset class, BTR has been attracting significant interest from both local and offshore investors as well as garnering plenty of industry attention as one part of a bigger solution to alleviating the country's housing and rental crisis.With 30,000 apartments operating or in the pipeline across the country, there's big potential with forecasts the BTR sector could grow to as many as 150,000 apartments within 10 years.To understand the diversity of benefits, challenges and future market outlook for BTR in Australia, CBRE's Pacific Communications Director, Kathryn House, talks exclusively to Mirvac's Fund Manager and BTR Sector Lead, Angela Buckley, alongside CBRE Pacific's Head of Living Sectors Capital Markets business, Andrew Purdon.If you have any questions from this episode or property topics that you'd like CBRE to answer in future episodes, please email us at: talkingproperty@cbre.com. 

Investment activity across the commercial property spectrum continues to be a fluid affair in 2023. While some specific sectors are performing better than others, investors need to understand which ones are remaining resilient against those that are experiencing market headwinds. CBRE's new In and Out report reveals Australia's latest inbound and outbound investment trends. While it highlights a challenging first half of the year with a 50% dip in the total value of deals across the office, industrial, retail, and hotel sectors when compared to 2022, it's not all bad news. Some sectors remain buoyant while several Asian countries and the US see the Australian market as a prime offshore investment opportunity. And of course, there's also speculation around the rapidly maturing BTR sector which is primed to become a key pillar to offshore capital's portfolio construction across the country.  This important episode will examine the current debt landscape and the drivers that will shape the market and influence investor decision making this year.  CBRE's Communications Director, Kathryn House, will present the topic's key insights from three of CBRE's leading market experts, Stuart McCann, Head of International Capital for Pacific and Southeast Asia, Andrew McCasker our Pacific Managing Director of Debt and Structured Finance, and Tom Broderick, CBRE's Australian Head of Capital Markets Research.   Read CBRE's investment In and Out report for H1 2023.

Deciphering the broader property landscape across Australia and its true performance potential on the global stage requires a deep understanding of specific goals, processes and stakeholders. And no one else knows that property pulse better than the Property Council of Australia's Chief Executive, Mike Zorbas. In his candid conversation with Phil Rowland, CBRE Pacific's Chief Executive Officer, Zorbas provides his industry-backed insights into the property sector's most pressing issues as well as current and future trends across the residential and commercial sectors and the journey to net zero. The duo also assess Australia's robust investment strengths amid the current economic challenges and address potential solutions to the country's growing housing shortage crisis. Other crucial talking points include an update on CBD revitalisation across the country, creating momentum for more women in leadership, and how the property industry can play its part in supporting reconciliation alongside the upcoming Voice to Parliament decision. 

Indigenous businesses in Australia were once a rarity, but their growing presence is now more evident than ever. Today's Indigenous businesses take on the dual responsibility of delivering profits while also driving lasting positive impacts for wider Aboriginal communities across the country. Three modern pioneers of Australia's Indigenous business landscape are Michael O'Loughlin, the Managing Director of ARA Indigenous Services; Rohan Tobler-Williams, the General Manager at ARA; and Shane Jacobs, the Managing Director of Orana Services. The trio, who have varying degrees of experience across construction, property, facilities and infrastructure services, are pushing boundaries and paving the way for future Indigenous peoples to enter an industry in which they can learn to lead.As part of CBRE's Talking Property series in NAIDOC Week, we're exploring the rise of Indigenous business partnerships, the growth in the Indigenous business sector, and the real impact that these businesses are having in creating better economic outcomes for Aboriginal and Torres Strait Islander people.  

Australia is grappling with an economic climate of fresh challenges. Regular interest rate rises have put capital values under pressure while pricing discovery continues to be challenged. As a result, the market is beginning to show early signs that occupiers might exercise extra caution when it comes to space requirements.  What does this mean for investors and relevant stakeholders in the broader property landscape? In the latest episode of Talking Property: The House View, CBRE's Phil Rowland, Pacific Advisory Services CEO, and Sameer Chopra, Pacific Head of Research, present their expert evaluation on property pricing, lender sentiment, property types that are bucking the trend, occupier feedback in key markets, and one of the most controversial topics in Australia today – the residential market and its significant disparity of supply vs demand.Subscribe on Apple or Spotify so you don't miss the next quarterly forecast in early October 2023. 

Asset managers globally are expected to increase their ESG-related assets under management (AuM) to US$33.9 trillion by 2026, up from US$18.4 trillion in 2021. This was a key finding highlighted in a 2022 PwC report which also identified that nine out of ten surveyed asset managers believe that integrating ESG into their investment strategy will improve overall returns. Given this growing sentiment towards ESG across the property sector, CBRE is taking a closer look at the full spectrum of ESG in Australia today, including the often-overlooked ‘S' (social) component of ESG. Joining Su-Fern Tan, CBRE's Head of ESG, Pacific, for this insightful conversation is Ian Lieblich, Head of ESG for EG Funds, Linh Pham, Fund Manager at EG Funds, and Sarah Mathews, CEO of Little BIG Foundation, a firm specialising in tackling loneliness through developing places, programs and events for social connection.  The important conversation will address how social impact is being measured for clients, how KPIs need to shift to incorporate evolving ESG initiatives and ultimately, the strategies being used right now to invest in community building while still making a profit.    Links: Little BIG FoundationEG Funds

Australia will need to support an EV fleet of 1 million vehicles by 2027 to reach its bold 2050 net zero targets. That's the significant forecast from the Electric Vehicle Council which currently counts Australia's electric vehicle adoption to just 83,000 cars. On the back of this projected influx of electric vehicles across the nation, CBRE is investigating the globally established strategies as well as future planning ideas to help support this impending EV wave. The EV conversation features commentary spanning across the border, from insights provided by Scott Howard, the Executive Managing Director at CBRE - EV Solutions Lead in the United States, Tim Washington, chair of the Electric Vehicle Council of Australia, and by Neil Glozier, Director of Energy and Sustainability for CBRE's Pacific GWS business.What are the challenges facing property landlords in commercial and retail spaces? How can the necessary infrastructure be safely and economically rolled out? And what are the major issues the EV industry is encountering? Listen to the podcast now to find out.CBRE 2023 Electric Vehicles Report: EV Charging in Australia: How ready are we? | CBRE Australia  

Asian-based investment sentiment is shifting across the Asia Pacific region and Australia is increasingly positioning itself as a prime destination for foreign money as market momentum continues to steadily recover and international travel resumes. The only factor that could slow down this influx of Asian investment? Pricing.In the latest Talking Property podcast, CBRE's Head of Client Care, Pacific, Kate Heaney, sits down with Dr. Henry Chin, Global Head of Investor Thought Leadership & Head of Research, Asia Pacific, to talk about the multitude of Australian investment opportunities as well as investor sentiment on a macro scale.With over 20 years of property research experience, Chin explores and evaluates the most crucial talking points in the Australian property market today. He provides his forecast on the potential of the local life sciences, office, logistics and build-to-rent sectors as well as touching on the growing demand for greenfield developments.With Australian migration predicted to explode over the next few years, Chin also identifies what type of commercial spaces local retailers are eyeing in preparation for servicing this new influx of consumers.

Purpose-driven businesses and communities create opportunities for us to evolve how we live, work and play. So, how do we lay the foundations of a conscious city to maximise the human experience? In this episode of Talking Property, we dive into how dynamic environments form the fabric of our future city.  Natasha Mulcahy, Director of ESG at CBRE, sits down with Brett Leavy, the Virtual Heritage Jedi at Bilbie XR Labs, to discuss the role that country plays in creating conscious cities. The conversation also explores how important the past is to our future and how we can use digital storytelling and today's cutting-edge technology to contribute to the conservation and management of the environment. 

Purpose-driven businesses and communities create opportunities for us to evolve how we live, work and play. So, how do we lay the foundations of a conscious city to maximise the overall human experience?In this episode of Talking Property, Sameer Chopra, CBRE's Head of Research, Pacific & ESG, Asia Pacific, sits down with Dr. Caroline Butler-Bowdon, Executive Director, Cities Revitalisation and Place for Transport NSW, to explore the intricacies of becoming a conscious city. From socially aware communities that harness the potential of data and information to self-improve, to cities grounded by history and nature, the collective identity of a conscious city is more complex than most would assume. Each episode from this series takes place in the lobby of some of Sydney's most iconic buildings and brings together our very own in-house experts with market leaders who are shaping our future cities.

Conventional economics dictates the financial health of any business, but beyond the quantifiable components resides the rise of a new way of doing business: equitable economics. This often-underrated concept explores how businesses of every size can connect performance factors to potential business outcomes. From diversity in the workspace, inclusive spaces and practices to drive investment, the underlying question for management today is how do equitable organisations ultimately drive economic value? As part of the Lobby Series talks, Sue-Lin Tin, CBRE's Head of Digital and Technology for Pacific, sits down with Rebecca Jinks, Director of ESG and Sustainability at Taronga Ventures to discuss how technology and innovation solutions are being leveraged to mitigate ESG risks while taking advantage of today's most significant sustainability-related opportunities in business.  

Australia's hotels sector experienced one of its toughest periods during the pandemic years, but with bigger challenges comes bigger opportunities for bold industry innovation. During CBRE's Flow and Glow event in 2022, Pacific Head of Research, Sameer Chopra sat down with Rob Weeden, General Manager of The Fullerton Hotel Sydney, to identify the active hotel recovery strategies that the iconic name was rolling out in a post-pandemic landscape.  Weeden reveals how his team are continuing to provide a luxury five-star service for guests while navigating an environment of higher utility costs and a tourism industry that's still in its recovery phase. He also talks about the types of guests that the hotel is currently attracting, and the facilities required to service them to the highest standards.  On the sustainability front, Weeden explains how The Fullerton Hotel Sydney is playing its part in driving sustainable practices in the hotel industry regardless of customer demand. He believes that sustainability is now an expectation rather than an added benefit for hotel operators. The conversation on the current state of Australian hotels comes at a fitting time where CBRE recently released its 2023 overview and outlook for the nation's hotels against the backdrop of growing domestic and international visitation, and the reopening of China's borders.  

The 2023 market is continuing to evolve against a backdrop of global factors influencing Australia's commercial property sector. In the second episode of CBRE's new quarterly podcast series, Talking Property: The House View, our in-house experts dissect the immediate shifting landscape surrounding the country's rising interest rates, the outlook for commercial property values, and how long this current price discovery phase will last.Discussing their views on how this is all shaping the outlook for the property sector is Phil Rowland, CBRE's Pacific Advisory Services CEO, who is once again joined by CBRE's Pacific Head of Research, Sameer Chopra.The industry insights will specifically touch on Australia's economic fundamentals and the bifurcation that's occurring in the occupier markets. And given the current laser focus on the state of play in the U.S office market, the experts will also outline the different market dynamics in Australia and analyse whether the local market will replicate overseas trends. To round out this engaging episode, the outlook for capital values is also put under the microscope as is the current interest being shown in Australia by major, Asian-based investors.Subscribe so you don't miss the next quarterly House View forecast. 

The construction industry has experienced significant challenges in recent years with the aftereffects still being felt across certain parts of the sector today. A common theme in this has come in the form of price escalations in everything from fundamental building materials to skilled labour costs. CBRE's 2023 Pacific Market Outlook report took the non-consensus view that construction costs could face deflationary pressure this year, so to investigate this notion further, Talking Property enlisted expert insights from Matt Bourne, the newly appointed CEO of construction company, Robert Co, and Tiffany Emmett, the Senior Economist at Turner & Townsend.  Sitting down with CBRE's Head of Pacific Research, Sameer Chopra, the trio delve into the industry's most crucial talking points including what to expect this year, uncontrollable spikes and risks in the market, the current state of international supply chains and the specific areas of construction costs that are showing signs of stabilisation. The experts will also touch on external influences on construction costs including the influx of migration forecasted for Australia and its overall effect on the local worker shortage. On the immediate horizon, there will also be commentary on Brisbane's surging project pipeline and its demand for top tier subcontractors which could contribute to further pricing escalation. 

Investment activity in commercial property faced significant challenges in 2022, a trend that was outlined in CBRE's recently released Pacific Market Outlook report. This year could, however, see a turnaround in investor sentiment on the back of stabilising interest rates and the growing confidence that often accompanies this.  In the latest episode of CBRE's Talking Property podcast series, we delve into today's funding environment and how that's challenged deal flow, not just in Australia but globally. We'll also examine the major drivers and trends that will shape the market and influence investor decision making this year. Helping to join the dots between research, forecasted investor appetite and real-world transactions are three of CBRE's leading experts in their fields: Stuart McCann, Head of International Capital for Pacific and Southeast Asia, Andrew McCasker, our Pacific Managing Director of Debt and Structured Finance, and Tom Broderick, CBRE's Australian Head of Capital Markets Research.    The panel will touch on everything from where overseas capital inflow is heading, to market sectors at the top of investor buy lists, and how ESG-focused assets are shaping investor decisions. 

Inclusivity is embraced and championed across different facets of today's society. In the medium of spaces, inclusivity continues to be pioneered in bold and imaginative ways by a select few who are witnessing genuine benefits from establishing cities that are inclusive, diverse, accessible, and safe. In our latest Talking Property episode, Amanda Steele, Executive Managing Director of CBRE's Pacific Property Management Business, sits down with James Hulme, the Director of External Affairs and Strategy for the Office of the 24-Hour Economy24 Commission, Letitia Hope, Partnership Experience Lead for ISPT, and by Belinda Mills, Senior Manager of Marketing and Communications at Brookfield Properties. The panel delves deep into the innovative strategies currently being used to drive and grow community engagement in both major and local CBDs. From the latest Purple Flag accreditation program highlighting safe and inclusive spaces for all, to nurturing a 24-hour economy, to offering more flexible work patterns, inclusivity in the modern age of Australia and New Zealand is about being holistically progressive in the greater property sector while respecting the past.  

The Property Council of Australia's latest office vacancy figures presented some surprises in major cities across the country. While concerns about the market still remain from 2022, industry experts are beginning to see positive signs of stability in vacancy rates in the next 12 months alongside a more robust supply pipeline in big cities such as Melbourne.  In our latest Talking Property episode, CBRE's Director of Pacific Research, Kate Bailey, sits down with Dexus' General Manager, Queensland and Project Leasing, Matthew Miller, along with CBRE's Pacific Head of Office Leasing, Mark Curtain, and CBRE's Australian Head of Office Research, Tom Broderick, to breakdown the finer points of office vacancy trends for the year ahead.  The discussion covers key insights from the new data, where the future opportunities lie and what landlords and occupiers should be focusing on in 2023. It also looks at why existing tenants are increasingly choosing to upgrade office spaces and committing towards more premium assets.   

CBRE is proud to present the first episode of our new podcast series, Talking Property: The House View.  This quarterly series will bring together two of CBRE Pacific's most senior figures to help uncover deeper insights into today's industry drivers, potential disruptors and the untapped opportunities that lie ahead for investors and occupiers. Leading this conversation is Phil Rowland, Pacific Advisory Services CEO, and Sameer Chopra, Pacific Head of Research of Pacific. This first episode will provide audiences with expert analysis on Australia and New Zealand's economic outlook for 2023 alongside interest rate movements and the outlook for capital markets activity.  Topics will include predictions on where cap rates will settle, detail the commercial sector's rental outlook as well as industrial and residential vacancy rates. The talk will also cover migration and tourism numbers, their demographics and demand on existing assets. Construction costs for the coming year and the rising consumer demand for premium products and services will also be discussed.  Each episode from this series takes place in the lobby of some of Sydney's most iconic buildings and brings together our very own in-house experts. 

Lobby Series: Each episode from this series takes place in the lobby of some of Sydney's most iconic buildings and brings together our very own in-house experts with market leaders who are shaping our future cities.  Creating spaces where people can thrive is a modern challenge that major cities are facing. In the first special episode of our Lobby Series, CBRE's Pacific Advisory Services CEO, Phil Rowland, sits down with Lorraine to find out how organisations can maximise the human experience in the spaces people frequent every day. 

Lobby Series: Each episode from this series takes place in the lobby of some of Sydney's most iconic buildings and brings together our very own in-house experts with market leaders who are shaping our future cities.  The fashion industry has come under enormous pressure to think about how they design, manufacture and ship products in a more ethical and sustainable way.   In this episode of Talking Property, Kate Bailey, the Head of Retail and Alternatives Research at CBRE, sits down with Gordon Renouf, CEO & Founder of Good On You. Together, they discuss the consumer trends driving the future of fashion, whether immersive retail experiences will fuel consumerism or aid a more circular economy and whether companies can be profitable while still considering ESG factors.  

The investable universe in Australia across the mainstream commercial property asset classes currently totals about $896 billion. It's a significant market which covers the nation's office, industrial and logistics, and retail spaces.  Sydney holds the highest share of capital stock across these three sectors, accounting for 40% of the national total. More importantly, its investable universe is expected to grow to $464 billion by 2026, and with that growth comes opportunity.  In our latest episode of CBRE's Talking Property podcast, we dive into the future of major cities as we face unprecedented population growth while exploring the vast opportunities for investors that come with it. We explore why Australia is an attractive country for offshore investors across Industrial, Office and Retail markets.https://www.cbre.com.au/insights/reports/future-sydney-investment-destination

In the face of unprecedented population growth, this episode delves into the future of major cities, with particular focus on Sydney. Our experts share their insight into how population growth will influence retail spending, demand for office space and the next evolution of industrial spaces and provide their take on current occupier sentiment, to help guide investment.   You can learn more about the trends shaping Sydney by reading our full report, ‘Future Sydney: Investment Destination' available to download here. 

The rise of e-commerce over the last few years combined with consumer demand for fast delivery has placed increased pressure on landlords and occupiers to future proof their assets. One way, occupiers and landlords are looking to do this is through investment into fit out and automation, but it's an expensive exercise. So, what opportunities exist when it comes to ‘funding the fit out' of your industrial & logistics asset and ensuring your supply chain is set for the future.   In this episode of Talking Property, Kate Bailey CBRE's Director of Research in the Pacific sits down with two experts at CBRE, Jason Burgess, Senior Director, Debt & Structured Finance and Christine Miller Head of Supply Chain in the Pacific to discuss the challenges and opportunities available when it comes to funding supply chain networks and automation. You can also read out CBRE's 2022 Q3 Lenders Sentiment Survey by clicking on the link https://www.cbre.com.au/insights/reports/australia-lenders-sentiment-survey-q3-2022 

The world has changed significantly over the last two years. The way we live, work and interact with one another was flipped on its head. In the shift to flexible working, what we knew to be the traditional office was put into question and people's priorities changed.In today's episode we're shining a spotlight on the office experience and talking expectation vs. reality. What trends we anticipated to see in the office VS. what is actually happening in workplaces today. Hosted by Janet Martin, Regional Director Workplace Strategy & Change Management and Sameer Chopra, CBRE's Head of Research in Pacific and Head of ESG Research across Asia Pacific.Read more on the topic here;https://www.cbre.com.au/insights/figures/australia-brief-office-re-locations-favour-premium-rents-june-2022

Costs in construction have spiked in recent months, driven by inflation, economic stimulus and supply chain challenges, impacting on material availability. The increase in construction costs is putting pressure on the development pipeline, margins and timelines. So how high will they go, how are developers these managing increases and what is the outlook for the Australian economy? In this episode of Talking Property we look at the sharp rise in construction costs and the impact they're having on the industry. Hosted by Kate Bailey, Director of Research, Pacific with special guests Carlos Cacho, Chief Economist at Jarden Australia and Richard Hume, Victorian State Director of Project Management at CBRE Pacific. To find out more about this topic, you can read CBRE's full brief https://www.cbre.com.au/insights/reports/australia-local-response-sharp-rise-in-construction-cost-inflation-to-persist-june-2022

The term ‘green finance' is term quickly gaining momentum in the commercial property industry. So what is it and what are the driving forces behind it? Representing just 3% of debt in Australia, the demand for green loans is shifting and significant opportunity exists.In this episode of Talking Property we take a closer look at how investors are embracing green finance and what opportunities exist within Australia's commercial real estate sector. Hosted by Kate Bailey Director Research, Australia with CBRE's Andrew McCasker, Managing Director Debt & Structured Finance across the Pacific and Sameer Chopra, Head of Research across Pacific and Head of ESG Research in Asia Pacific.View the full report here https://7bc40775.flowpaper.com/GreenFinance/

The return to the office is well underway in Australia and New Zealand, with corporate companies beginning to understand and embrace strategies to navigate their business out of the pandemic. In this episode of Talking Property, we take a closer look at the results from CBRE's third Asia Pacific Occupier Survey (March/April 2022) and discuss how Australia and New Zealand fare, in comparison to other regions. Our experts analyse the responses from the Pacific region and identify key trends in the return to the office.Hosted by Janet Martin, Regional Director of Pacific Workplace Strategy and Change Management joined by Tom Broderick Head of Office and Capital Markets Research and author of the report and Tristan Gannan Director of Advisory & Transaction Services for CBRE's Occupier business in New South Wales.To read the full report, click here https://www.cbre.com.au/research-reports/Pacific-Local-Response---Asia-Pacific-Occupier-Survey-May-2022

All eyes are on office landlords as occupiers prioritise energy efficiency. But where are the best opportunities, is age a barrier and could there be untapped potential in the premium and A-grade sector?In this episode of Talking Property we discuss how the latest research report “NABERhood Watch” quantifies the benefits and opportunities from better NABERs ratings for Australia's office stock. This should be valuable as investors build-out their business case for Net Zero assets.Hosted by Amanda Steele, Executive Managing Director of Property Management for CBRE Pacific with special guests, Sameer Chopra, Head of Research, Pacific and ESG Asia Pac, and Su-Fern Tan, National Director, ESG.