THE PROPERTY DEVELOPMENT REVIEW
FROM THE CEO
Welcome to the September / October edition of The Property Development Review magazine. As we approach the final quarter of 2024, our team has observed a strong uplift in both transaction volumes & buyer enquiry across market-leading platforms Development Ready & Commercial Ready. Following continued strong population growth, expectations of an interest rate decrease in early 2025 & opportunities for astute investors to acquire commercial property at a discount to book value, activity across the market has rebounded strongly as compared with the beginning of the year. With this in mind, our team are busier than ever providing practical, bespoke solutions for thousands of agency customers throughout Australia who are seeking an alternative approach to that offered by legacy portals - whether this is through optimising campaigns via our unique first-party databases to drive qualified enquiry or providing best-in-class creative outcomes that generate tailored reach & awareness for both brands and properties alike. Speaking of supporting the industry, our team were pleased to recently sponsor two key events for our valued partners - the first was held in partnership with Cushman & Wakefields’ acclaimed Melbco team where guests heard the remarkable journey of Eddie Kutner AM , Founding Director & Executive Chairman of Central Equity Group Limited as well as industry insights from Kris Daff of Assemble Communities, Simon Hulett of MaxCap Group & Noral Wild of Cushman & Wakefield. Additionally, we also had the pleasure of being a principal partner of CBRE’s The Impact of Social Infrastructure & Healthcare event that saw over 300 guests come together for lunch to hear from
a range of institutional & private capital speakers including Amanda Steele of ISPT, Nicole Plant of Australian Unity & Mathew Edwards of NIDO Early Learning. I’m pleased to report that between now & year’s end, we have no fewer than another six events through which we’re proudly supporting our partners & the broader commercial real estate industry. Returning to the magazine, inside this month’s edition you’ll read expert analysis from experienced agents across the Nation who share their unique insights into the key themes and trends that are driving market dynamics. Additionally, as our special feature interview, enjoy our exclusive profile of Dennis Bastas - the remarkable self-made billionaire behind
DBG Health, the largest privately-owned pharmaceutical company in Australia. In closing, I’d like to extend my sincere gratitude to our valued agency partners & users for their willingness to disrupt the status-quo & support our challenger mindset. Thank-you Nick Headshot - TPDR Intro Page
NICK MATERIA CEO - Ready Media Group
September / October 2024 – 5
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