Insights

FINANCIAL REVIEW PROPERTY SUMMIT

For the third year Cushman & Wakefield were the presenting partners of the Australian Financial Review(AFR) Property Summit. Hosted in Sydney over the 11th and 12th of September, the summit convenes the industry’s most influential leaders, investors, commentators and disruptors to discuss the trends, threats and opportunities in both commercial and residential property.

The Big Picture Panel

Andrew McDonald, Global President and Chief Operating Officer, Cushman & Wakefield, sat on the first panel of day one, exploring the big picture of Commercial Real Estate and tackling the tough questions on the shifting dynamics across the sector in Australia and globally. Joining Andrew on the panel was Tony Lombardo, Global CEO, Lendlease; Darren Steinberg, CEO, Dexus; Sophie Fallman, Managing Parter – Real Estate, Brookfield and Nick Lenaghan, Property Editor, The Australian Financial Review. Watch the full-length panel here. (link to video)

This year’s AFR Property Summit in Sydney saw a range of property leaders take to the stage to discuss the state of the market and why it’s crunch time for real estate. Andrew commented on the global downturn in real estate & the reality of what this means.

Because every single thing we all do in the real estate sector is creative we are well placed to respond to a new era of work and collaboration, Andrew reminds us of the power of creativity in shaping the future of real estate.

As we delve deeper into this dynamic market, one resounding message becomes clear as addressed by Andrew; BTR is here to stay, and its potential is boundless. The demand for well-crafted, community-driven rental options is stronger than ever.

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Matt Clifford

Head of Sustainability & ESG, Asia Pacific
Sydney, Australia

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Head of Project & Development Services, ANZ
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International Director & Head of Capital Markets, ANZ
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