THE PROPERTY DEVELOPMENT REVIEW
FROM THE CEO
EDITOR IN CHIEF Frank Materia frank@ readymedia.com.au
Welcome to the April/May edition of The Property Development Review. As we enter the second quarter of the year, marking the final stretch of the financial year, we continue to see strong developer appetite in 2024, evidenced by a 27% uptick in inquiries and a circa 13% surge in search activity on DevelopmentReady. Ready Media Group’s flagship dataroom and property document software, InstaDocs, continues its strong engagement growth of facilitating secure sharing and tracking of property documents for agencies, vendors, and buyers. Currently, over 650 commercial agents nationwide trust InstaDocs for their dataroom needs, underscoring the substantial value it brings to their sales endeavors. Inside this month’s edition, Pitcher Partners, Director of Property, Benni Aroni, returns, discussing the ecosystem of the property development and construction industry; their adversarial nature and strategies for the future. Rob Langton continues The Interview series, with Robert Costa, Founder of Costa Asset Management and a prominent member of the esteemed Costa Family dynasty. Robert shares insights from his diverse career spanning wholesaling, retail, commercial property investment, and philanthropy. Additionally, Rob engages in a conversation with prolific commercial property investor and hospitality entrepreneur, Graham Hardie - Chairman and Founder of Hardie Finance Corporation and principal of Entertainment Enterprises. In this, his first-ever interview, Graham recounts his journey from professional accounting to property ventures and hospitality, sharing invaluable lessons he learned along the way.
The Urban Developer team of Clare Burnett explores high-density agriculture developments in urban settings; wherein community gardens are intertwined with residential developments to create a type of ‘agrihood’. Additionally, Renee McKeown discusses the transformation of Richmond Victoria, from manufacturing to warehouse- converted-to-residential and now a new era of offices. Jack Hutchinson, Director and Board Member of Hutchinson Builders, Australia’s oldest and most successful privately-owned construction company, shares his insights in an engaging podcast and exclusive feature profile. Tom Gibson, Senior Director of CBRE Hotels joins us for a podcast to discuss the dynamics of Australia’s tourism and hospitality sectors, analysing overall performance and key transactions that occurred across the sector recently, while also examining the trends and patterns that will dictate market activity across 2024.
IN-HOUSE WRITER Oliver Gregurek
ADVERTISING OPPORTUNITIES frank@ readymedia.com.au PROPERTY LISTING ENQUIRIES info@ readymedia.com.au EDITORIAL ENQUIRIES editor@ readymedia.com.au CONTACT Ready Media Group Head Office Level 3 161 Buckhurst St South Melbourne VIC 3205 03 9631 5476 info@ readymedia.com.au
As always, we provide updates on the latest commercial and development listings across Australia, along with notable transactions and market insights from leading agents. Enjoy the read! Nick Headshot - TPDR Intro Page
MAGAZINE DESIGN Nespecart
ON THE COVER Harry Cunningham Freemantle -unsplash
NICK MATERIA CEO - Ready Media Group
April / May 2024 – 5
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