THE PROPERTY DEVELOPMENT REVIEW
FROM THE CEO
Welcome to the inaugural edition of The Property Development Review for 2025! We hope everyone enjoyed a well-deserved festive season and, like The Ready Media Group, is geared up for a successful year ahead. In this issue, we feature insights from key agents who offer commentary on their respective state markets. Additionally, our in-house editorial team takes a deep dive into the digital gold rush ignited by the rise of artificial intelligence, exploring the exciting and lucrative opportunities it is unlocking for developers and investors alike. Plus, with a remarkable 37% increase in foreign investment in 2024, we examine the factors driving Australia’s growing international appeal and highlight key markets where capital is flowing. In other state-based news, we present “A Developer’s Guide to NSW’s New Growth Strategy.” As the state prepares for rapid expansion, with its population expected to exceed 10 million by 2041, we explore how this growth is intensifying the housing crisis—particularly in urban centers where demand is outstripping supply. The Urban Developer journalists, Leon Della Bosca highlights a research collaboration between NH Architecture and RMIT, which explores the key characteristics of Melbourne’s most successful urban precincts and how these insights can inform broader urban planning strategies. Plus, Renee McKeown reports on Sydney hotelier Genn Piper’s ambitious plans for a $40 million cyclone-proof resort in the Whitsunday Islands. Our Interview series continues with Rob Langton’s exclusive conversation with Dennis Bastas, Executive Chairman & CEO of DBG Health, Chairman & CEO of Arrotex Pharmaceuticals, and Chairman of the rapidly
growing consumer health enterprise, VidaCorp. In this insightful interview, Dennis reflects on his remarkable career journey, from his entry into the healthcare and pharmaceutical industries to the growth and evolution of DBG Health. He shares valuable lessons, achievements, challenges, and the experiences that have shaped him into one of Australia’s foremost business leaders.
We also revisit Rob’s interview with Nicholas Moore AO, a globally respected business leader. In this rare profile, Nicholas recounts his extraordinary journey from transforming a global financial powerhouse with over 15,000 employees worldwide to leading some of Australia’s most influential philanthropic organizations. He shares essential lessons for success and life along the way. Additionally, we bring you the latest development sites and commercial opportunities and significant transactions from across the country. Nick Headshot - TPDR Intro Page
Enjoy the read.
NICK MATERIA
CEO - Ready Media Group
February / March 2025 – 5
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