IN this latest episode of Australian Property Journal’s Talking Property, APJ’s Nelson Yap talks to Mark Wizel, the founder of Wizel Property Group.
Wizel is well known to the property industry. The former CBRE national director is one of the most successful commercial real estate agents in Australia, handling over $14 billion in sales since 2009.
Wizel opens up on why he didn’t join another real estate agency, instead he decided to start his own property company during the COVID lockdown.
We also talked about:
- What are market participants are saying.
- Is there still interest in Australia from Asian (Singapore, China, Hong Kong, Korea, Japan) investors?
- Margins on property developments.
- Rising interest rates, what does that mean for vendors and buyers?
- Cap rates, where are they headed?
- And his beloved Saints, will they make the final 8 in 2023?
