This latest episode of Australian Property Journal’s Talking Property is brought to you by MaxCap Group.
APJ’s Nelson Yap talks to Michael Nitschke, Queensland State Director at MaxCap Group and Kent Leicester, Managing Director, KDL Property Group.
Our guests discuss:
1/ Trends and themes in the Queensland market, and the fundamentals driving the sector including:
- Interest rates;
- Population growth and lack of supply;
2/ Building and construction,
- Labour and material costs;
- The financial positions of major sub-contractors;
- and large construction pipelines competing for labour / contractors
3/ The relationship between MaxCap and KDL, lessons for developers looking at financing and non-bank lending.
4/ The challenges in getting projects to market, solutions other developers can learn.
5/ Potential for build-to-rent (BTR) housing in greenfield developments in Queensland. Master planned BTR/multifamily communities are common in the USA, does it stack up in Queensland?
6/ The outlook for the Queensland market in 2024?