SC Capital, Perri Projects, RCA, JLL on Asian Capital in Aussie Offices: MTD TV

Australia is set to begin opening its borders on 1 November and the prospect of international travel has the potential to spark fresh levels of interest in office markets which have already recorded megadeals this year, such as Korea’s NPS buying Lendlease’s Melbourne Quarter Tower for $900 million during July.

While some border controls are likely to stay in place, the Aussie government confirmed on Friday that it will establish a travel bubble between Australia and Singapore by 23 November, which would allow fund managers and developers refreshed access to Sydney, Melbourne and other markets down under.

To provide a clearer picture of what’s in store for real estate investors as the Australian economy reopens, Mingtiandi has invited representatives of SC Capital Partners, Perri Projects, Real Capital Analytics and JLL to provide insights on what’s been happening in the country’s office markets in our Asian Capital & Australian Offices panel happening at 10:00 AM Hong Kong time this Thursday, 28 October.

You may register to view the one-hour discussion, which is sponsored by Yardi, by clicking the link above. During the panel, we will explore which markets provide the most promising opportunities for Asian investors now, the increasing appeal of more transparent markets like Australia post-pandemic and what level of activity we can expect as the market reopens.

Investor, Developer, Investor, Analyst

With the selection of panelists represented on the show, investors can expect to benefit from market insights from a fund investor, a developer, a senior capital markets advisor and an independent analyst, all with extensive experience in the Australian market.

Based in Singapore, SC Capital Partners managing director and partner Andrew Heithersay has managed investments in office assets in Melbourne, Canberra and Sydney on behalf of the firm’s core plus and opportunistic funds, including buying 2 Elizabeth Plaza in North Sydney from BlackRock last year.

From Melbourne, Perri Projects managing director David Scalzo has built his firm’s portfolio of award-winning commercial, industrial and residential projects, including Bennett’s Lane, a 12,000 square metre combined office and retail development in Melbourne’s CBD set for completion next year.

Joining us from Sydney will be JLL’s head of capital markets for Australia, Fergal Harris, whose team has been busy this year managing a broad range of Asian investments down under, as the brokerage’s research division reports that total investment in Australian offices from January to June hit A$5.02 billion ($3.73 billion), which was up from A$4.23 billion during the same period of 2020.

Providing insight from the region’s most complete database of property investments will be Benjamin Martin-Henry, Head of Analytics for Pacific at Real Capital Analytics. With Australia’s borders closed during the first half of 2021, RCA data shows that, for the first time in a decade, no Aussie city ranked among APAC’s top five cities for real estate investment – a fact which may change as we head into 2022.

Allianz, Benoy, JLL and Asia Green on Asia’s New Economy

Asian Capital & Australian Offices is the third instalment in Mingtiandi’s Office Strategies Forum 2021, which is set to conclude on Tuesday, 2 November, with a panel titled Assets for Asia’s New Economy, which will look into the ways that the rise of Asia’s tech industry is reshaping office markets.

Joining that fourth and final office session will be Danny Phuan, head of acquisitions for Asia Pacific at Allianz Real Estate; Tim Graham, head of capital strategies for Asia Pacific at JLL; Terence Seah, director and head of Hong Kong, Singapore and Shenzhen for global design firm Benoy, and Augustine Chin, a director with Swiss private equity fund manager Asia Green Real Estate.

Following the conclusion of the Office Strategies Forum, Mingtiandi will be bringing you our Property Innovation Forum, starting on 23 November, featuring guests from Yardi, MSCI and other major innovators in Asia’s real estate sector.