Commentary

Property Council Australia Committee Positions

We congratulate Kat, Richard and Rachel on their appointments with the Property Council of Australia and look forward to supporting them in these roles.

PCA appointed - Copy

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Season’s Greetings from Napier & Blakeley

2022,And,2023,On,A,Beach,Sand2022 was a turbulent year for property and construction markets. 

Rising interest rates and the increased cost of debt hit some investors in the property investment market.  Similarly, rising inflation, restricted supply chains and increased cost of construction slowed down a number of construction and infrastructure projects.

All this of course followed on from a very high base and record levels of activity in 2020 and 2021, and like any type of investment market, risks and problems for some, are opportunities for others and we remained busy throughout the year.

We provided technical due diligence on significant property transactions including Southern Cross towers in Melbourne.  We’ve been instructed as Independent Certifier on a $1B development in Brisbane, and we provided quantity surveying, building consulting and tax depreciation advice on many build to rent and other residential developments, student accommodation, child care, healthcare, hotel, commercial office, industrial and retail developments and projects. Continue reading