Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Brisbane's Next Day

Dr. Dominic Brown • 03/11/2017
he Brisbane CBD commercial real estate (CRE) market has experienced a phase of relative weakness since the GFC

Major developments driving the CBD

The Brisbane CBD commercial real estate (CRE) market has experienced a phase of relative weakness since the GFC. However, an improving economic outlook and a wave of major development and infrastructure projects across Brisbane’s CBD and inner suburbs promises to drive the city’s economic growth over the coming decade creating employment, tourism and CRE opportunities.

Key takeaways from the report:

•Seven major projects totalling $12.4bn, with five of the projects already approved and under construction.

•The Greater Brisbane economy is forecast to increase by 16% in real terms over the next five years. At the industry sector level, five of the top six industry sectors are forecast to show stronger growth, especially for IMT and Professional Services.

•Over the next decade in excess of 65,000 jobs are forecast to be created in Brisbane CBD and Fringe markets.

•International tourist visitor nights are forecast to increase by over 70% in the next decade, leading to over 102 million visitor nights in 2025-26.

Related Insights

We Make An Impact

We Make An Impact

Our people are the true makers of Cushman & Wakefield.  They create tangible outcomes, working with our clients across the Commercial Real Estate industry to make great things happen.
Simon Fenn • 14/11/2022
placemaking
Research • Insights

Place-making

Place-making is a frequently used term in commercial real estate, whereby buildings, public places, infrastructure and technology combine to create a space that encourages community participation, comments Tony Crabb, National Director, Research.
Dr. Dominic Brown • 18/09/2017

Related Stories

Existing Facility Refurbishment in Canberra
Existing Facility Refurbishment in Canberra • Government
Learn More
1 Bligh Street
1 Bligh Street • Office
Learn More
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS