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 forecast in early July 2023. 

Featuring

Phil Rowland

Chief Executive Officer, Pacific, CBRE

Phil Rowland leads CBRE’s Advisory businesses in Australia and New Zealand, with overall responsibility for Advisory & Transaction Services, Asset Services, Capital Markets, Project Management and Valuations. 

Sameer Chopra 

Head of Research, Pacific & ESG, Asia Pacific, CBRE

Sameer is responsible for framing the real estate market outlook and developing economic and property sector forecasts. He is proud of the unique insights he brings to the market, which are cutting edge. 

Click here for the full transcript of the podcast.