Conditions in the property sector are rapidly changing as federal and state governments continue to roll out stimulus measures in an attempt to stave off a prolonged recession.
There is a growing likelihood of residential property prices falling sharply concurrent with a spike in unemployment and household debt while consumers cautiously brace for tougher conditions ahead.
Property developers, such as Gurner founder Tim Gurner, are now pondering what lies ahead for the residential housing sector.
From battered buyer sentiment through to construction supply chain issues, the challenges are sobering at best.
The Urban Developer is addressing these concerns by harnessing the power of our network to deliver the expertise and insights required to navigate these choppy waters.
In an upcoming webinar, Gurner will join The Urban Developer founder and chief executive Adam Di Marco for an open and honest discussion about how he is responding to the challenges posed by coronavirus.
“We're delighted to be joined by Tim for the first in our series of vital conversations with the undisputed leaders of our industry,” Di Marco said.
The conversation will explore:
The Gurner workplace during the crisis
His current development pipeline including multi-residential, hotel and office projects
The Australian economy and the residential housing sector
The construction sector including potential shutdowns, pricing, supply chain issues, industrial relations
The impact on project valuations and settlements
Buyer sentiment, sales strategies and project marketing
The availability and cost of project and asset funding.
“With no business left unscathed, the overwhelming objective here is to open our network of contacts within the property industry to provide independent insights for our community,” Di Marco said
“There is arguably no one more appropriately placed to speak to the impact of the virus on the property sector than Tim, by virtue of the fact that he has—in a relatively short period of time—built one of the most enviable development pipelines in the country.”
The one-hour webinar will be hosted on Thursday 9 April at 9.00am AEDT and will conclude with an interactive Q&A where viewers will be invited to submit questions.
