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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em>The Urban Developer</em> welcomes Bert Dennis OAM, founding chairman of Dennis Family Corporation, along with executive chairman Grant Dennis, to our webinar series.</p><p>During the past sixty years, the Dennis Family corporation has evolved into one of Australia’s largest private landowners, controlling development and home building arms that make up the bulk of a business whose annual revenue puts it within reach of some of Australia’s top-listed ASX200 companies.</p><p>Family patriarch Bert’s astute vision and drive have led the company in developing thousands of hectares of land into residential communities and building tens of thousands of homes.</p><p>Today, as a 100 per cent family-owned business, the Dennis Family continues to operate across three sectors of the property industry—residential land development, housing construction and commercial development.</p><p>Bert holds the position of founding chairman and has been joined in the business by his four children and grandchildren, with his second child Grant heading up the company as executive chairman.</p><p>Bert received a medal of the Order of Australia in 2005 for services to the housing industry, supporting charities and contributing to urban planning debate.</p><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/in-conversation-with-bert-grant-dennis-dennis-family-corporation-tickets-121315123801?aff=tudwebsite0content0agenda">Click here to find out more.</a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cell-sm-6 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/7866fed6-8f9d-4c0b-bc0a-b70057e7c35c.jpg" width="500"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>Bert Dennis<br></strong>Founding Chairman</p></div></div></div></div><div class="cell cell-sm-6 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/2146c2b1-33be-444b-bad0-345dda0c8f89.jpg" width="500"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>Grant Dennis<br></strong>Managing Director</p></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><strong>The conversation will explore:</strong></p><ul> <li><p><sup>Bert’s career journey from renovating old houses, gaining council work as an engineer to owning his own consultancy, completing his first 20-lot residential development, to managing residential communities and building around 1,200 houses a year </sup></p></li><li><p><sup>The Dennises’ 10-year journey to transform a sprawling property, construction and farming company into an extremely well-organised multi-generational family business, and Bert’s staunch prioritisation of family, health and sport over business</sup></p></li><li><p><sup>Whether being a privately-owned business rather than a listed company has impacted on Dennis Family Company’s outlook on the residential property sector in the Victorian and south-east Queensland markets, and the impact that Covid-19 will have on their appetite for new projects </sup></p></li><li><p><sup>Lessons that previous cycles have taught them and how developers can respond in the current environment, and the success of the family&#x27;s countercyclical approach: &quot;When the market&#x27;s really bad that&#x27;s when we buy big and we buy long,&quot; (Grant).</sup></p></li><li><p><sup>How growing up in poverty has influenced Bert’s work supporting charities (the corporation has built more than 10 homes for various charities and grants a proportion of the sales from each lot on its estates to community groups each year)</sup></p></li><li><p><sup>What will be the Dennis family&#x27;s legacy in the Australian urban environment?</sup></p></li></ul><p>Bert and Grant Dennis will join <em>The Urban Developer</em> chief executive Adam Di Marco for this discussion on Zoom. </p><p>Attendees will be able to submit questions prior to and during the discussion which will be moderated by Adam.</p><p></p><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/in-conversation-with-bert-grant-dennis-dennis-family-corporation-tickets-121315123801?aff=tudwebsite0content0agenda">Click here to register. </a></p></div></div></div></div></div>

The Urban Developer welcomes Bert Dennis OAM, founding chairman of Dennis Family Corporation, along with executive chairman Grant Dennis...

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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><strong>So you&#x27;re thinking about getting started in property development?</strong></p><p>Whether you&#x27;re a property investor thinking about taking the next step, a medical professional with an investment portfolio that has value to be added, an architect with a vision to design your dream project or a young-gun aspiring to become the next Tim Gurner, it&#x27;s important to realise property development is a diverse, complex and tricky business.</p><p>Property development comprises a range of disciplines that demand a diverse set of skills and a deep understanding of many different subject matters.</p><p>In this article, we break down the essential phases of the development lifecycle so you can know what you need to know!</p><h2><strong>Before you get started</strong></h2><p>Besides being a national obsession and the source of many barbecue conversations, the property market is a complex and multifaceted series of “markets within markets”.</p><p>There are several fundamental drivers of property in Australia and around the world.</p><p>Population growth, employment, supply and demand, infrastructure investment, lifestyle factors and affordability all combine to create a property market that is constantly in a state of flux.</p><ul> <li><p><em>Population growth —</em> how many people are coming and going?</p></li><li><p><em>Employment —</em> how many new jobs are being created and what is the profile of these jobs?</p></li><li><p><em>Supply and demand</em> — how many new dwellings are being constructed and how does this relate to the underlying demand?</p></li><li><p><em>Infrastructure investment</em> — are new roads, hospitals, transportation projects, schools or universities being built?</p></li><li><p><em>Lifestyle factors</em> — what impact do parks, beaches, shopping centres, nightlife and cafe precincts have on an area?</p></li><li><p><em>Affordability</em> — what does it mean to be affordable and does this impact the demand for property in a particular area?</p></li></ul><p>Add unpredictable human behaviour and psychology into the mix and it&#x27;s easy to understand why so many people can get this wrong!</p><p></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/7b3e531d-d90a-4437-9da2-682b0ddb0df8.jpg" width="970"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/property-developer-101-tickets-187978567957?aff=tudwebsite0content0agenda">Click here to register. </a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p></p><p>The “property market” is also comprised of many different types of real estate including:</p><ul> <li><p>Houses</p></li><li><p>Townhouses</p></li><li><p>Apartments</p></li><li><p>Land estates</p></li><li><p>Commercial real estate, such as offices, retail, hotels and industrial property.</p></li></ul><p>Every one of these asset classes involves a sub-market that operates at its own pace that is governed by a different set of factors which combine to create one large and complex property market.</p><h2><strong>The development lifecycle</strong></h2><p>The property development process is best described as a lifecycle. Similar to a human lifecycle, the property development lifecycle is comprised of a series of stages that include:</p><ul> <li><p><em>Pre-acquisition</em> — before you purchase a property</p></li><li><p><em>Concept design</em> — conceiving the project</p></li><li><p><em>Permits and approvals</em> — attaining the necessary permissions required to develop the project</p></li><li><p><em>Pre-sales and marketing</em> — the process of selling the project prior to starting construction</p></li><li><p><em>Finance</em> — securing the necessary funding to commence the construction</p></li><li><p><em>Construction</em> — building your project from the ground up</p></li><li><p><em>Settlement</em> — the process of finishing your project and settling the financial exchange with buyers.</p></li></ul><p>The development lifecycle is also characterised by important milestones, such as receiving development approval or gaining practical completion.</p><p>Importantly, all of these stages within the lifecycle influence the time taken to undertake a project and, in this business, time is money. </p><h2><strong>The essentials: risk versus return</strong></h2><p>The art of the property developer is to manage the competing forces of risk and return. These two forces are inextricably linked and best described as two opposite sides of a coin.</p><p>There&#x27;s a very simple mantra which remains fundamentally true in property development: the greater the risk, the greater the return.</p><h2><strong>The essentials: time, cost, quality</strong></h2><p>The relationship between time, cost and quality is an equally important consideration in property development.</p><p>Every decision is influenced by the relationship between these three forces: time is speed; cost is money; quality is the product.</p><p>You simply can&#x27;t have it all, so every decision is considered through the prism of speed, money and product.</p><h2><strong>The essentials: project feasibility</strong></h2><p>The property development feasibility is the central point of focus for managing every financial element within project.</p><p>The project feasibility, usually in the form of a spreadsheet or software product, accounts for the revenue (money in) and the costs (money out).</p><p>The difference between the revenue and the costs is the profit: the ultimate objective of the project.</p><p>Project costs will typically include land, acquisition costs, professional fees, authority fees and charges, construction, marketing, legal and finance costs, land holding costs and taxes.</p><p>The property developer&#x27;s highest priority is to maximise the revenue while minimising the costs to deliver a quality outcome.</p><p>In doing so, the project will become the most profitable it can be.</p><h2><strong>The essentials: development program</strong></h2><p>If the project feasibility is your ying, then the development program is your yang.</p><p>Similar to other principles in property development, the two are inextricably linked by virtue of the fact that the feasibility accounts for numbers, while the program accounts for time.</p><p>The development program is a daily, weekly and monthly schedule of the key activities required to undertake a project and is the &#x27;holy gospel&#x27; of a successful outcome.</p><h2><strong>The essentials: due diligence</strong></h2><p>Undertaking due diligence on property is an essential part of ensuring that project risks are known and mitigated.</p><p>No project is ever risk free, so the objective of due diligence is to identify the risks and then develop ways of managing them.</p><p>Due diligence is undertaken prior to purchasing a property and usually consists of engaging a lawyer to identify any constraints or encumbrances on the property, such as mortgages, easements of planning controls.</p><h2><strong>The essentials: project team</strong></h2><p>Running a development project is much like running a business.</p><p>It involves a long list of consultants and professionals to provide expertise across a wide range of disciplines including design, engineering, sales and marketing, construction, finance and legal.</p><p>As developer, it is your role to engage, inspire and manage your team to ensure the best possible outcome for the project.<br></p><p>______________<br></p><h2><strong>Interested to know more about property development?</strong></h2><p>Why not attend our Property Development 101 Webinar — An online masterclass on the property development lifecycle.<br></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/7b3e531d-d90a-4437-9da2-682b0ddb0df8.jpg" width="970"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p></p><p>From project conception to final completion, this half-day workshop will provide a practical learning experience by taking attendees through the comprehensive life cycle of property development.</p><p><a href="https://www.eventbrite.com.au/e/property-developer-101-tickets-187978567957?aff=tudwebsite0content0agenda"><strong>Click here to register. </strong></a></p><p>Attendees can expect to walk away with a holistic understanding of the property development process, along with a deeper knowledge of key milestones, project risks and opportunities, roles and responsibilities and project performance benchmarks.</p></div></div></div></div></div>

So you're thinking about getting started in property development?

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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>There has been a surge in buyer demand, interstate migration and development activity within the Gold Coast region.</p><p>Historically recognised as a tourist destination and international hotspot, the Gold Coast has recently seen a staggering increase in residential development activity from local and interstate developers.</p><p>As people migrate from the capital cities to warmer lifestyle locations, attention has been focused on the Gold Coast as a leading region of opportunity for developers and investors.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em>The Urban Developer</em> has assembled a panel of key stakeholders to understand the opportunities predicted to emerge in the years ahead.</p><p><strong>Topics to be covered include:</strong></p><ul> <li><p>major planning updates and infrastructure projects</p></li><li><p>population growth drivers and demographic profile</p></li><li><p>residential buyer profiles, sources and conversion tactics</p></li><li><p>new project activity, design trends and and product types</p></li><li><p>established and emerging growth precincts</p></li><li><p>expert predictions for the future years.</p></li></ul><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/in-focus-gold-coast-tickets-154786758361?aff=tudwebsite0content0agenda">Click here to register.</a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>AGENDA</strong></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>The Big Picture<br></strong>A look at the planning changes, major projects, population growth and other factors shaping the Gold Coast.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Matthew Schneider<br>Director<br>Urbis<br>(keynote)</p><p style="text-align:center">_____</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>The Market Drivers<br></strong>A short keynote presentation on buyer profiles, sales rates, pricing and product design.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Jamie Lee Edwards <br>Founder <br>JLE Projects<br>(keynote)</p><p style="text-align:center">_____</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>The Projects<br></strong>A panel discussion with some of the Gold Coast&#x27;s leading private developers.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">David Calvisi<br>Managing Director<br>FORME</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">George Mastrocostas<br>Managing Director<br>Aniko Group</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Brook Monahan<br>Managing Director<br>Mosaic</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Adam Lacey<br>Director<br>Lacey Group</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p></p><p>The presentations will be followed by an interactive Q&amp;A to be moderated by Adam Di Marco, founder and CEO of <em>The Urban Developer. </em></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cell-sm-3 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/6e43a951-8228-4fe5-98bb-23d9b26ad409.jpg" width="960"/></picture><div></div></div></div></div><div class="cell cell-sm-9 cx12"><div class="ci cl"><p><br>The session will be held on Thursday, June 6. <a href="https://www.eventbrite.com.au/e/in-focus-gold-coast-tickets-154786758361?aff=tudwebsite0content0agenda">Click here to register. </a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div></div></div>

There has been a surge in buyer demand, interstate migration and development activity within the Gold Coast region...

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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Scott Hutchinson, the chairman of ​one of Australia&#x27;s largest private construction companies, Brisbane-headquartered Hutchinson Builders, will be joining the line up for <a href="https://weareurbanity.com.au">Urbanity ’19</a>.</p><p>The fifth generation family-owned construction company, affectionately known as Hutchies, is responsible for constructing office buildings and apartments blocks across the country. </p><p>Under the guidance of managing director Greg Quinn, the 112-year old private builder has grown from $170 million turnover and a $60 million balance sheet to $2.8 billion turn over a $320 million balance sheet.</p><p>The builder which currently employs 1,793 people across 14 offices, was ranked Australia&#x27;s sixth largest private company on the <em>Financial Review&#x27;s</em> <a href="https://www.afr.com/policy/economy/australia-s-top-500-private-companies-revealed-20190902-p52n8c">Top 500 Private Companies</a> for 2019.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/b5dc43a7-ae98-47ae-9976-4026ec08aec5.jpg" width="800"/></picture><div><span style="align-content:center;opacity:0.8">▲ The company is one of the Bank of Queensland&#x27;s largest and longest serving customers. Image: Scott Hutchinson on site</span></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br>Hutchinson’s great-grandfather, John “Jack”, started the construction company in Brisbane in 1912 after arriving from England in 1911 and landed his first major contract working for the Queensland state government to construct a new kitchen at Fort Lytton on 29th January 1912.</p><p>Fast-forward to 1986, Scott, armed with a civil engineering degree and an MBA, joined the family business and managed to steer it through trying times, including sharemarket crashes, property booms and busts.</p><p>Hutchinson started with Hutchies full-time in 1986, tasked with door-knocking for new business, following in the footsteps of his father in the ’60s and ’70s.</p><p>Hutchinson and his wife Mary-Jean have three sons and a daughter — the eldest, 27-year-old Jack, joined the company after completing his MBA in London, making it a fifth-generation company. </p><p>“Jack is going really well and understands our Hutchies family is just as important as our actual family,” Hutchinson told <em>The Urban Developer.</em></p><p>“We’ve thrown him into any problem jobs we have so he understands what causes them. He’s working in Melbourne at present.”</p><p>While Hutchies <a href="https://theurbandeveloper.com/articles/multiplex-wins-out-on-36bn-queens-wharf-">missed out on being awarded</a> the $2 billion construction contract for Brisbane’s Queens Wharf development earlier this year, the company has continued its focus on residential work and targeting a growing amount of infrastructure and institutional construction for its books.</p><p>The construction giant is now working on a variety of projects, including developer Third Street’s residential tower P.M. in Port Melbourne, Brisbane’s first vertical school in Fortitude Valley and the 43-storey Landmark Tower, at St Leonards on Sydney&#x27;s lower north shore.</p><p>Hutchinson was earlier this year awarded the QCF 2019 Corporate Philanthropist of the Year celebrating individuals &amp; organisations who make extraordinary charitable contributions.</p><p>“Something I am most proud of is that giving is now part of our culture.”</p><p>“We don’t have any turnover targets, profit targets or strategies to expand geographically — we just want to stay alive, do good work and be a good place to work.”</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/e10bbe16-dd35-42c9-95e8-92994b435bc8.jpg" width="800"/></picture><div><span style="align-content:center;opacity:0.8">▲His four-generation family business remains well capitalised, with a cash pile of $387 million and net assets of $327 million. Image: Scott Hutchinson outside The Fortitude Music Hall</span></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br>As a patron of QMusic, Hutchinson has a personal involvement in the preservation of the Brisbane’s live music scene and was last year ranked in Queensland’s 100 most influential people by <em>The Courier Mail</em> for supporting the Brisbane music scene.</p><p>Live music is Hutchinson’s main interest. Some of the enviable gig’s Hutchinson has witnessed include the Sex Pistols at Brisbane&#x27;s Festival Hall in 1996, Powderfinger’s last concert at the Riverstage in 2010 and The Cure at the Sydney Opera House in 2011.</p><p>He attends local and international festivals every year, including Glastonbury, Exit Festival Serbia, FIB Spain, Fuji Rock Japan, Roskilde Denmark, Secret Solstice Iceland, NOS Aive Lisbon and Nevermore Romania.</p><p>Burning Man in Black Rock City, Nevada USA features as a key event on his annual festival calendar.</p><p>When asked to point out a stand-out recent live experience, Hutchinson names the Prodigy at the Riverstage earlier this year. </p><p>“It was one of the last times Keith Flint performed before his death and when it started raining just as &#x27;Smack My Bitch Up&#x27; started the crowd all held their hands up and sighed because it was so hot — it stopped raining as soon as the song finished.”</p><p>Hutchinson&#x27;s pet project, the $43 million Fortitude Music Hall, opened in July after Hutchinson, former Powderfinger member John Collins, and co-founder of Secret Sounds Paul Piticco erected the 2,500sq m Brunswick Street venue with holds capacity of 3,300.</p><p>Brisbane rock royalty, including former Powderfinger members Bernard Fanning and Ian Haug, Custard frontman Dave McCormack and the next-generation pop rock group Ball Park Music and DZ Deathrays played on a sold-out opening night and US rock group the National has signed up for a sold-out show in March next year. </p><p>The new venue, which includes a string of bars and two moveable chandeliers above the main floor, opened in July as a testament to Brisbane&#x27;s Festival Hall, which closed in 2003.</p><p>Festival Hall – which held concerts from everyone from the Beatles and Bob Dylan to Nirvana and the Stone Roses – was eventually replaced by apartments.  </p><p>“That’s Brisbane! We just cop that and have to go out to the sticks to see serious bands.”</p><p>“Fortitude Music Hall is not about my legacy, it’s about paying for something Brisbane needs — and music can’t pay the price that inner-city real estate costs so someone has to do something.” </p><p>Hutchinson is also an advocate for environmental protection and in 2012 he started Hutchinson Honey Bees to improve the declining bee population by using the company’s offices to create new urban hives — and as a result producing around 1.5 tonnes of honey annually.</p><p>The company has bee hives on the roofs of its six office buildings around Queensland, as well as bases in Sydney, Melbourne and Tweed Heads.</p><p>Hutchinson will be <a href="https://weareurbanity.com.au/event/the-urban-fightback/">joining</a> <a href="https://weareurbanity.com.au">Urbanity ’19</a> as part of the “The Urban Fightback”, a panel on how a provocative approach to music, entertainment and the arts is saving our cities. </p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Over two days in October, Urbanity will bring together the leading creators of cities in the Asia Pacific to learn, connect and be inspired.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><a href="https://weareurbanity.com.au/book-tickets/"><strong>Click here</strong> to secure your ticket today</a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/8099ec97-22ec-4097-b0b9-85c7979dedd3.jpg" width="800"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div></div></div>

Scott Hutchinson, the chairman of ​one of Australia's largest private construction companies, will be joining the line up for Urbanity ’19.

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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Nominations for <em>The Urban Developer</em> Awards for Industry Excellence are now open.</p><p>This year, we will celebrate <strong>23 categories</strong> in two streams—<strong>Industry Excellence</strong> and <strong>Development of the Year</strong>.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Last year, in the wake of Covid-19, we held our awards virtually, celebrating our <a href="https://theurbandeveloper.com/tags/TUD%20Awards">winners</a> with a month of content. </p><p>This year, we are delighted to bring back our awards gala night to Brisbane in September. </p><p>Don&#x27;t miss out on the opportunity to showcase your projects, people, programs and places.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">To find out more about <br><em>The Urban Developer</em> Awards for Industry Excellence<br>download our <a href="https://www.awards.theurbandeveloper.com/register-interest">entry guidelines</a>.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/42398591-75cb-41e8-aabe-8d2acd3af3ad.jpg" width="800"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br><strong>How do I submit?</strong></p><p>Submissions to the 2021 <em>The Urban Developer </em>Awards are in three easy steps.</p><p>1. Download the <a href="https://www.awards.theurbandeveloper.com/register-interest">entry guidelines</a> to determine categories and eligibility.</p><p>2. Register your nomination through the <a href="https://theurbandeveloper.awardsplatform.com/">awards portal</a>.</p><p>3. Complete your submission by <strong>16 June 2021.</strong></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Complete your submission before the<strong> first entry deadline of May 19</strong> and save $50 per entry.</p><p style="text-align:center"><a href="https://theurbandeveloper.awardsplatform.com/">Click here to get started</a>.</p></div></div></div></div></div>

Nominations for The Urban Developer Awards for Industry Excellence are open.

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The winners of the 2019 The Urban Developer awards were announced at a gala dinner at the Howard Smith Whares in Brisbane on Wednesday night.

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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>The Urban Developer’s</strong></em><strong> Developing for an Ageing Australia summit brings together leaders in the sector for an intensive day showcasing the latest research, expert perspective, case studies and networking.</strong></p><p>This exclusive event will explore the fundamental supply and demand dynamics of the aged care, retirement and senior lifestyle sub-markets nationally and locally within each of our three host cities—Brisbane, Sydney and Melbourne.</p><p>By drawing upon the most trusted researchers within the sector, the summit will assess the current state of the market and forecasts for the future with a focus on demographics, population growth and new supply.</p><p>Several leading developers will join an interactive panel that will unpack the opportunities and challenges for the property development industry within each of the particular sub-markets.</p><p>In the shadows of a Royal Commission into Aged Care, an expert panel of legal experts, operators and consumer advocates will also explore the consumer’s perspective and digest what impact this will have on the development industry.   </p><p>A moderated panel of specialist architects and designers will reveal the latest design solutions that are providing dignified outcomes for the aged care and retirement sector.</p><p>Through four case study presentations we will learn about new development models, important design considerations, the impact of sustainability and more.</p><p>And finally, the summit will deliver a showcase of the latest innovations and technologies that are disrupting the sector and providing new solutions to old problems.</p><p>The event will conclude with an exclusive networking event. </p><p>This is a unique opportunity for a select group of developers, operators, professionals and suppliers to come together and develop a deeper understanding of the major forces shaping the sector in future.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/04a2c52b-17ab-44b3-932f-d8b0f81a1a9e.jpg" width="2160"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>AGENDA OVERVIEW</strong></p><p><strong>STATE OF THE MARKET: </strong>A research-led perspective on the state of the aged care and retirement development sector.<strong> </strong></p><p><strong>GROWING UP: A DEVELOPER&#x27;S PERSPECTIVE ON AGEING.</strong> An interactive panel discussion on the different development and operating models currently being adopted within the aged care and retirement sector. </p><p><strong>THE SWINGING PENDULUM: THE CONSUMER&#x27;S PERSPECTIVE ON AGEING.</strong> An insightful discussion into how growing consumer advocacy and awareness is driving change for the aged-care and retirement living sector.	</p><p><strong>MICRO-TOWN COMMUNITIES: </strong>A case study into the new development model that private developers can tap into.</p><p><strong>SUSTAINABLE DESIGN: </strong>A case study into sustainable development opportunities, trends and technologies that can reduce resident living costs, owner operating costs, and carbon emissions.</p><p><strong>INTEGRATED VERTICAL LIVING: </strong>A case study into the Integrated vertical living development model.</p><p><strong>DELIVERING &#x27;AGE FRIENDLY&#x27; HOUSING: </strong>A case study and personal journey on how designing for dementia could inform the design of our cities.</p><p><strong>DESIGNING FOR DIGNITY: </strong>Perspectives on Delivering Quality for an Ageing Population.	</p><p><strong>A DISRUPTIVE OPPORTUNITY: </strong>How Innovation and Technology Are Delivering New Solutions to Old Problems.</p><p></p><p style="text-align:center"><strong>Click on your city for more info and registration details.</strong></p><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/developing-for-an-ageing-australia-sydney-tickets-66263059595?aff=ContentOverview">Sydney: 16th August</a></p><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/developing-for-an-ageing-australia-melbourne-tickets-66261543059?aff=ContentOverview">Melbourne: 23rd August</a></p><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/developing-for-an-ageing-australia-brisbane-tickets-64643372066?aff=ContentOverview">Brisbane: 30th August</a></p><p style="text-align:center"></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/411892b5-33e4-47f4-b4e1-6410988bbf17.png" width="560"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><br/><br/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/9670c4b3-518c-4830-8734-a6ac774e4ce3.png" width="560"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><a href="https://www.mitbrand.com/">Click here to find out more about Mitchell Brandtman.</a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/26087202-530f-46f4-b053-269fcd8262e0.png" width="560"/></picture><div></div></div></div></div></div></div></div>

 A one-day summit for developers and professionals in the seniors living, retirement and aged care sector.

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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>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. </p><p>There is a growing likelihood of residential property prices <a href="https://theurbandeveloper.com/articles/property-market-plunge-coronavirus-corelogic">falling sharply</a> concurrent with a spike in unemployment and household debt while consumers cautiously brace for tougher conditions <a href="https://theurbandeveloper.com/articles/coronavirus-home-sales-set-to-halve-in-near-term-">ahead</a>.</p><p>Property developers, such as Gurner founder Tim Gurner, are now pondering what lies ahead for the residential housing sector.</p><p>From battered buyer sentiment through to construction supply chain issues, the challenges are sobering at best. </p><p><em>The Urban Developer</em> is addressing these concerns by harnessing the power of our network to deliver the expertise and insights required to navigate these choppy waters. </p><p>In an upcoming webinar, Gurner will join <em>The Urban Developer </em>founder and chief executive Adam Di Marco for an open and honest discussion about how he is responding to the challenges posed by coronavirus.  </p><p>“We&#x27;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. </p><p>The conversation will explore:</p><ul> <li><p>The Gurner workplace during the crisis</p></li><li><p>His current development pipeline including multi-residential, hotel and office projects</p></li><li><p>The Australian economy and the residential housing sector</p></li><li><p>The construction sector including potential shutdowns, pricing, supply chain issues, industrial relations</p></li><li><p>The impact on project valuations and settlements</p></li><li><p>Buyer sentiment, sales strategies and project marketing</p></li><li><p>The availability and cost of project and asset funding.</p></li></ul><p>“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</p><p>“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.”</p><p>The one-hour webinar will be hosted on<strong> Thursday 9 April </strong>at<strong> 9.00am AEDT</strong> and will conclude with an interactive Q&amp;A where viewers will be invited to submit questions.</p><p style="text-align:center"><a href="https://events.humanitix.com/live-webinar-in-conversation-with-tim-gurner?c=contentoverview"><strong>To register for the upcoming webinar, please click here. </strong></a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/123a4c6a-96c3-4ad9-b9ac-590a6796f6d6.jpg" width="970"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div></div></div>

Join The Urban Developer founder and CEO Adam Di Marco for a one-on-one webinar with leading property developer Tim Gurner. 

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<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>As news <a href="https://theurbandeveloper.com/articles/uber-air-melbourne-flying-car">broke</a> that Melbourne was selected as Uber’s first international flying taxi test city, Victorian treasurer Tim Pallas declared that the “future of transport” had arrived. </p><p>And Clem Newton-Brown agrees. The director of Skyportz — a start-up aimed at establishing landing infrastructure for VTOLs (vertical take-off and landing aircraft) — Newton-Brown played a supporting role in Melbourne’s <a href="https://theurbandeveloper.com/articles/uber-air-flying-cars-elevate-summit">bid</a>. </p><p>The former deputy lord mayor and member of parliament is working with property developers, government regulators and global consultancy Arup to establish a network of “Skyportz” around the country. </p><p>As one of the key figures behind the urban air mobility revolution in Australia, Newton-Brown will be joining us at <a href="https://weareurbanity.com.au/speakers/">Urbanity ’19</a>. </p><p>In the lead up to Urbanity, we spoke with Newton-Brown about Melbourne’s win, the urban air mobility market and how to convert any flying car skeptic. </p><p>You can catch Clem Newton-Brown, and a <a href="https://theurbandeveloper.com/articles/urbanity-2019-speaker-announcement">host</a> of other speakers at Urbanity, 23-24 October 2019.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/cf390735-e62e-400b-8fcd-cad2ccb4dd10.jpg" width="800"/></picture><div><span style="align-content:center;opacity:0.8">▲ As one of the key figures behind the urban air mobility revolution in Australia, Newton-Brown will be joining us at Urbanity ’19. </span></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: We last spoke after Melbourne was </strong></em><a href="https://theurbandeveloper.com/articles/uber-air-melbourne-flying-car"><em><strong>announced</strong></em></a><em><strong> as Uber’s first international test city, why do you think Melbourne’s bid was successful?</strong></em></p><p><strong>CNB: </strong>Uber Air had the choice of any city in the world to launch as its first international test city. We were up against a shortlist of Mumbai, Paris, Sao Paolo, Tokyo and Sydney (sorry Sydney!)</p><p>In the end I think it was probably a range of factors that caused them to choose Melbourne:</p><ul> <li><p>the enthusiasm and support offered by the Victorian state government to remove regulatory barriers;</p></li><li><p>the fact that Melbourne has the only central city helipad in Australia which can be used for initial flights prior to the network of Skyportz being established;</p></li><li><p>the support of CASA which has already facilitated drone deliveries for Google’s Wing project in Canberra.</p></li></ul></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: You were in Washington D.C. for Uber’s Elevate </strong></em><a href="https://theurbandeveloper.com/articles/uber-air-flying-cars-elevate-summit"><em><strong>Summit</strong></em></a><em><strong>, what were the highlights? </strong></em></p><p><strong>CNB: </strong>It was awesome to be invited by Uber to attend the summit after we had met their team while they were scoping out Melbourne. </p><p>The two-day summit spanned a range of issues and meeting some of the very clever people who are developing prototype aircraft was a highlight. Coming from a legal, political and property background it was a real eye opener to enter the world of cutting-edge technology experts.</p><p>When they announced Melbourne as the first international test city, I know how Sydneysiders must have felt when they got the Olympics!</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: Your company, Skyportz, has partnered with Microflite Helicopters to utilise existing helicopter infrastructure for eVTOLS. Outside of Uber, what is your timeline for the introduction of passenger eVTOLS in Australia?</strong></em></p><p><strong>CNB:</strong> Skyportz is focused on providing a network of landing sites over the next five years so that when we have eVTOLs certified to fly commercially they will have somewhere to land. </p><p>We are collaborating with Microflite which owns the lease on the only central city helipad in Australia. Microflite will likely end up being involved in operations of these new aircraft as eVTOLs become more efficient than helicopters for some flights.</p><p>We will not be producing our own aircraft but we will make our network available for Uber Air and other eVTOL operators. I would anticipate that over the next few years Uber Air will be testing a range of aircraft using existing airports and helipads. </p><p>Within 5 years I would expect commercial operations to commence.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/13135dbf-7a31-4fd0-a989-3bfa852b9512.gif" width="800"/></picture><div><span style="align-content:center;opacity:0.8">▲ German start-up Lilium has launched its first prototype in Munich. Image: Lilium</span></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: The air mobility market is very competitive, what other players in this space should we keep an eye on? </strong></em></p><p><strong>CNB: </strong>There are literally dozens of companies in this race to build a commercially certified eVTOL. From major aviation players such as Bell, Airbus and Boeing right down to small tech startups.</p><p>You can check out the full list of prototypes and their stage of development at <a href="https://transportup.com/the-hangar/">Transport Up</a>.</p><p>A quick look through this list will convert any sceptic who thinks air taxis are just a fantasy.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: How can architects and developers future-proof their buildings for eVTOLs?</strong></em></p><p><strong>CNB: </strong>You have to remember that while Uber Air will be providing a seamless booking service which will turn this potential into a real aerial ride sharing service, they will not be producing aircraft or managing Skyportz. </p><p>Uber will initially be building major transport hubs in locations that their data says will be in demand, but there will be opportunities for individual building owners to become part of the aerial network by signing up to Skyportz in the early stages.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: Where do you see opportunity for investment in the air mobility market?</strong></em></p><p><strong>CNB: </strong>You would be crazy not to incorporate both drone delivery and eVTOL landing infrastructure into any new build. </p><p>You won’t get a permit to use it just yet but simply the fact that you have a Skyportz in your development will provide an added attraction to tenants and investors. Skyportz is working with Arup as partners who have already designed several Skyportz around the world.</p><p>For existing buildings I would recommend simply registering an interest with Skyportz so that you will be in the loop as things progress. </p><p>It may be that a large investor will build and own Skyportz and individual building owners will simply offer a long term commercial lease. </p><p>For building owners there is nothing to lose — rooftop space which currently produces no income could become very valuable in the future.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: What’s next for Skyportz? </strong></em></p><p><strong>CNB: </strong>We are locking in some really key sites in Melbourne at the moment and we are also taking expressions of interest from building owners in other capital cities (as well as regional tourism destinations). </p><p>We will be providing a “set and forget” service for building owners to register and leave it to us to ensure that their buildings are in the mix when the urban aerial mobility revolution arrives. </p><p>Uber Air and other VTOL operators are not interested in scoping individual buildings, but for anyone in the Skyportz network we will provide the critical mass to get a seat at the table when the flying taxi services commence.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/4e17b5ee-ed1d-4008-ac56-982a59c0509a.jpg" width="800"/></picture><div><span style="align-content:center;opacity:0.8">▲ City workers will soon be able to step onto a Melbourne CBD rooftop and book a 10-minute, ride-sharing flight to the airport for less than $100.</span></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em><strong>TUD: And finally, a few ‘parlour game’ questions.</strong></em></p><p><em><strong>A recent book you enjoyed?</strong></em></p><p><strong>CNB:</strong> As a former member of parliament I enjoy all the political “insider” books by authors such as Niki Savva (“Plots and Prayers”) for the fascinating behind-the-scenes stories.</p><p><em><strong>A recent streaming series you enjoyed? </strong></em></p><p><strong>CNB: </strong>Last Man on Earth, streaming on SBS on demand. Very quirky and funny.</p><p><em><strong>Someone that inspires you.</strong></em></p><p><strong>CNB:</strong> The Wright brothers. These bicycle shop owners laboured for years to produce the first powered flight. What must have seemed a fantasy, they were able to make a reality. And of course very gutsy to strap themselves in to their contraption and take off!</p><p><em><strong>Up to three buildings or projects that inspire you.</strong></em></p><p><strong>CNB: </strong>Picnic Island in Tasmania. Urban renewal projects such as the Highline in New York and Cheonggyecheon in Seoul.</p><p>The low-rise art deco buildings which have survived in Melbourne such as Alkira House, Yule house and the Majorca building.</p><p><em><strong>Who are you looking forward to meeting at </strong></em><a href="https://weareurbanity.com.au/speakers/"><em><strong>Urbanity</strong></em></a><em><strong>? </strong></em></p><p><strong>CNB: </strong>Urbanity will be a great opportunity to catch up with people in the industry to discuss urban aerial mobility. </p><p>The property industry can’t help much with the background work now going on to develop aircraft but once they start flying the property industry is the missing piece of the puzzle. Without us there can be no aerial ride sharing service.</p><p>I will also be looking forward to chatting with Sam Tarascio about the potential for delivery drones in his transport, logistics and property businesses.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Over two days in October, Urbanity will bring together the leading creators of cities in the Asia Pacific to learn, connect and be inspired.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><a href="https://weareurbanity.com.au/book-tickets/"><strong>Click here</strong> to secure your early bird ticket today</a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/8cec1f4d-45c2-4a16-8a8c-f4c22d04ef26.jpg" width="720"/></picture><div></div></div></div></div></div></div></div>

The former lawyer, deputy lord mayor and Victorian member of parliament is working with property developers, government regulators and Arup.

There is seven times the amount of capital waiting to get into Australia’s booming industrial sector than required, despite a record level of building in the past quarter. 

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>There is seven times the amount of capital waiting to get into Australia’s <a href="https://www.theurbandeveloper.com/articles/booming-industrial-sectors-12bn-record-year">booming industrial sector</a> than required, despite a record level of building in the past quarter. </p><p>Speaking at <em>The Urban Developer’s </em>Industrial and Logistics vSummit, Centuria Industrial REIT fund manager Jesse Curtis said there had historically been an under-representation of institutional investors in the industrial sector, which had fundamentally shifted in the past 12 months. </p><p>“There’s $45 billion of capital waiting to get into the market … that’s six or seven times what is required right now,” Curtis said.</p><p>“That’s going to put pressure on prices in terms of demand and supply.”</p><p>According to an ANREV survey of 84 industrial investors, with $US846 billion in funds under management globally, the Sydney industrial market was the number one area for investment in the Asia-Pacific region.</p><p>More than 70 per cent of respondents said they were looking to increase their allocation of funds into the industrial sector. </p><p>There was an average of 9.3 per cent of funds allocated to the sector, but most were aiming for a 10 per cent weighting, which JLL head of industrial and logistics research Annabel McFarlane said indicated capital inflow to the sector. </p><p>While the appetite for investment is there, the supply of development and investment opportunities is constrained with <a href="https://www.theurbandeveloper.com/articles/hannas-lane-cove-storage">limited brownfield development sites</a> putting upward pressure on land prices.</p><p>“We have a strong desire for urban industrial sites and we have a real problem finding the land,” McFarlane said.</p><p>“Pre-lease rents will have to go up … otherwise the numbers won’t stack up.”</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><strong>Transaction volumes by sale type</strong></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/b6e4e5b8-a603-4fea-954a-77b71bb17f94.png" width="800"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><sub>Source: JLL Research</sub></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>National director of Colliers David Hall said the price of industrial land had increased significantly while land supply dwindled.</p><p>Hall said in 2014 land prices were about $315 per sq m, which had increased to more than $1000 per sq m this year for properties greater than 5000 square metres.</p><p>“Fundamentally industrial as an asset class the value is underpinned by the land … we’ve got land supply issues for industrial development,” Hall said.</p><p>“In Sydney there’s no more land once we get through the land near the airport … this will always be an issue for investors.</p><p>“Australia still lags behind what [capitalisation] rates and yields are around the world.”</p><p>JLL’s Annabel McFarlane said global figures indicated there was still “room for further yield compression” as the trend of e-commerce continues its accelerated growth, driving demand for increased industrial space.</p><p>McFarlane said the second quarter of 2021 had delivered a record amount of commencement rates on new industrial developments with 808,000 sq m across 33 projects. </p><p>“About 50 per cent is already pre-committed which goes to the incredibly strong demand we have,” she said.</p><p>“We think that by and large that most of this stock will be absorbed by the practical completion … which poses a risk to secondary assets with that flight to quality.”</p><p>On average about 83 per cent of <a href="https://www.theurbandeveloper.com/articles/speculative-industrial-developers-double-down-in-brisbane">speculative industrial development</a> is tenanted at practical completion and McFarlane said she anticipated that this would continue despite the large volume of space that would come online. </p><p>“Industrial is the only sector to benefit from the pandemic,” she said.</p><p>“The transaction volumes that we’ve seen across markets has been huge.”</p></div></div></div></div></div>

There is seven times the amount of capital waiting to get into Australia’s booming industrial sector, despite a record level of development...

3621d995-4303-4d8d-99d6-9e551d103c7d

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>The disability housing sector has grown into a $2.5-billion asset class, with a marked increase in the number of people qualifying for specialist disability accommodation. </p><p>This continued growth presents both opportunities and challenges for operators looking to identify the types of housing needed.</p><p>And not only is there an undersupply of SDA housing, there is also a lack of market information to provide developers and investors with the confidence to meet the demand.</p><p>So where do the opportunities lie and how can the property industry anticipate and navigate the challenges? </p><p><em>The Urban Developer </em>Disability Housing vSummit will provide a property industry perspective on the specialist disability accommodation sector.</p><p>Join us as we bring together a panel of advocates, experts, operators, developers, financiers and designers to guide you through the future of the specialist disability accommodation sector.</p><p style="text-align:center"><a href="https://www.eventbrite.com.au/e/the-urban-developer-disability-housing-vsummit-tickets-202676539987?aff=tudwebsite0content0agenda">Click here to register.</a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>AGENDA</strong></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>The State of SDA in Australia<br></strong><em>The political, economic, social and market factors influencing investment in the sector</em></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Laila Burnet<br>National Director—Health, Aged Care &amp; Seniors Living<br>M3 Property<br>_____</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>Policy, Politics and Property<br></strong><em>In conversation with the SDA sector&#x27;s leading and most influential figures</em></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Melanie Southwell<br>Chief Executive Officer<br>SDA Alliance</p><p style="text-align:center">Perry Cross, AM<br>Chief Executive Officer &amp; Founding Director<br>Accessible Homes Australia</p><p style="text-align:center">Dr. Di Winkler<br>Chief Executive Officer<br>Summer Foundation<br>_____</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>Rise of the Institutions in SDA<br></strong><em>Perspectives from the managers of investment capital in the sector</em></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Ben Barry<br>Executive Director<br>Macquarie Group</p><p style="text-align:center">Laurie Berrange<br>Director, Impact Investing<br>Inspire Impact</p><p style="text-align:center">Jacob Edwards<br>SDA Fund Manager<br>Australian Unity<br>_____</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>Delivering Developments with Dignity<br></strong><em>Perspectives from the providers of accommodation and care in the sector</em></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">David Whitelaw<br>Chief Executive Officer<br>ADAPT Housing</p><p style="text-align:center">Justin Nix<br>Chief Executive Officer<br>Guardian Living</p><p style="text-align:center">Helen Wood<br>Operations Director<br>Access Accom<br>_____</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>The Building Blocks<br></strong><em>The legal, financial and design considerations to delivering quality disability housing</em></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center">Tony Rutherford<br>Partner<br>Holding Redlich</p><p style="text-align:center">Toby Krasnostein<br>Managing Director<br>Exencion</p><p style="text-align:center">Greg Barry<br>Principal Consultant and Founder<br>SDA Services<br>_____</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><strong>Case Studies<br></strong><em>Unique projects and models representing ‘best in class’ outcomes</em></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p style="text-align:center"><em>Building Modular SDA<br></em>Ashley Glenister<br>Marketing Director<br>Volo Modular</p><p style="text-align:center"><em>Designing Robust SDA<br></em>Ashleigh Grey<br>Director<br>DDC Group</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><em>The Urban Developer </em>Disability Housing vSummit will take place on Thursday, November 25. <a href="https://www.eventbrite.com.au/e/the-urban-developer-disability-housing-vsummit-tickets-202676539987?aff=tudwebsite0content0agenda">Click here for more information</a>.</p></div></div></div></div></div>

The disability housing sector has grown into a $2.5-billion asset class, with a marked increase in the amount of people qualifying for SDA...

The Projects Elevating Boutique Living in Australia

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><p>A select group of Australian developers are finalising the details of three boutique apartment projects that are quickly redefining luxury living.</p><p>While the projects are scattered geographically—one being delivered in the leafy eastern suburbs of Melbourne, another on the Sydney <span class="mce-spellchecker-annotation mce-spellchecker-word mce-cram_13741843141644896171738" aria-invalid="spelling" data-mce-highlight-id="mce-cram_13741843141644896171738" data-mce-bogus="1" data-mce-annotation="harbourfront" data-mce-lingo="en_au">harbourfront</span> and the last on the shores of the Gold Coast—they all share distinct similarities.</p><p>Each has been developed to meet the highest grades of architectural design and construction to provide residents with luxury living that brings technology, architecture and design together.</p><p>The developments also share timeless designs, each with bespoke amenities, and constructed and finished with hand-selected materials.</p><p class="ci cl">These projects will be the focus of <em>The Urban Developer’s</em> <a href="https://www.eventbrite.com.au/e/the-urban-developer-boutique-development-vsummit-tickets-254289846777?aff=tudwebsite0content0agenda" data-mce-href="https://www.eventbrite.com.au/e/the-urban-developer-boutique-development-vsummit-tickets-254289846777?aff=tudwebsite0content0agenda">Boutique Development <span class="mce-spellchecker-annotation mce-spellchecker-word mce-cram_81227372451644896171738" aria-invalid="spelling" data-mce-highlight-id="mce-cram_81227372451644896171738" data-mce-bogus="1" data-mce-annotation="vSummit" data-mce-lingo="en_au">vSummit</span></a> on February 24, giving attendants the opportunity to learn more about the development decisions that have culminated in their successful launches and delivery.<br><span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;" data-mce-style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"><br><br></span></p></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><h2><strong>The Grounds of Kew by Beulah</strong></h2></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><div><div class="picture"><img src="//images.ctfassets.net/8pr762qjocl3/1xO5Y0jmax1zAasriXTwrB/ee2236e5df0e9fa337bc9d716d1cf669/123-way-split-new.jpg" alt="Beulah's Grounds of Kew
" data-mce-src="//images.ctfassets.net/8pr762qjocl3/1xO5Y0jmax1zAasriXTwrB/ee2236e5df0e9fa337bc9d716d1cf669/123-way-split-new.jpg"></div><div><br></div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Melbourne-based developer Beulah’s has returned to the leafy eastern suburbs of Melbourne to construct and deliver its latest boutique residential project.</p><p>The Grounds of Kew, at 367 Cotham Road in Kew—six kilometres from the CBD, comprises 21 large-scale apartments across three levels.</p><p>​​Reflecting the large homes of the prestigious Sackville Ward enclave of Kew, the development offers expansive two- three- and four-bedroom configurations.</p><p>Each apartment features between two and four car parks as well as private gardens and terraces, Gaggenau appliances, custom joinery and floor to ceiling double glazed windows.</p><p>The development’s architecture and interior design was executed by Fender Katsalidis, with landscape design by Paul Bangay and construction delivered by Ironside.</p><p>Fender Katsalidis director Nicky Drobis said the collaborative design approach of the apartment project centred on the architectural heritage and garden setting of Kew.</p><p>“Given the established relationship between FK and Beulah, the design team behind The Grounds of Kew had the benefit of already knowing each other well,” Drobis said.</p><p>“With everyone involved being an expert in their own right, the intersection of skills and abilities enriched each other’s contributions which made for a seamless and highly enjoyable process.</p><p>“In such a team environment, the best design outcomes are often the result of a constant testing-out of different concepts and ideas.”</p><p>Dobris said Fender Katsalidis leveraged its expertise in retirement living to deliver generously sized homes that, upon release, proved quite attractive to down-sizers.</p><p>“Transforming an existing planning permit to deliver commercial value for Beulah required some re-imagination through smart design vision,” Drobis said.</p><p>“Particularly with these inner-ring, higher density developments, the relationship with neighbouring properties must be handled sensitively and respectfully.</p><p>“We had the extraordinary opportunity to design both the architecture and interiors, which is something we love doing.</p><p>“This allowed for a truly holistic vision that resulted in a harmonious and seamless environment for residents.”</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><h2><strong>Kurraba Residences by Thirdi Group</strong></h2></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/aae96385-7998-4fff-80ef-749342ab18b5.jpg" width="960" data-mce-src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/aae96385-7998-4fff-80ef-749342ab18b5.jpg"></picture><div><br></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Thirdi Group is moving ahead on a $170-million apartment project at Kurraba Point—a tightly-held peninsula on Sydney harbour between Kirribilli Point and Cremorne Point.</p><p>The development, at 147-153 Kurraba Point Road, comprises 25 waterfront apartments over five-storeys.</p><p>Thirdi worked closely with 21 individual apartment owners to sell in-one-line with a delayed settlement—allowing the developer time to work with its consultants, the community and North Sydney council to create Kurraba Residences.</p><p>Thirdi Group managing director Luke Berry said for Kurraba Residences to meet the calibre of a Kurraba Point development, with apartments ranging from $2.5 to $50 million, it was vital that the right design partners were selected.</p><p>“We often say it’s the DNA of our consultants and project partners that dictate the ultimate success of our projects,” Berry said.</p><p>“When you consider Kurraba Residences consultants there is none better than Adam Haddow, of SJB Architects, who is a masterful at apartment design, especially capturing the outstanding views that the residents of Kurraba Point enjoy.</p><p>“Adam is also industry recognised for creating developments in a traditional brick facade that was a requirement for council so he was the perfect architectural partner for the project.”</p><p>Mathieson Architects, led by Philip Mathieson, designed the interiors which feature fluted marble detailing, dark stained American oak storage, carved marble basins, custom stone baths and lustrous bronze bathroom finishes.</p><p>Residents will also have access to a subterranean wine cellar room and lounge.</p><p>Thirdi submitted three separate development applications over a period of three years to ensure its vision aligned with the best outcome for the site.</p><p>“After we secured approval this presented us with one of the most exciting opportunities ever presented to our company to launch and sell a once-in-a-lifetime development on Sydney’s famous harbour,” Berry said.</p><p>“We built a temporary display suite within 24 hours, that was only insitu for seven days as by the end of the week we sold close to $120 million worth of apartments of the plan.</p><p>“It was an extraordinary experience and something that I don’t think will ever be replicated again.”</p><p>The development is now under construction and on track for completion early 2023.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><h2><strong>Luna by Forme</strong></h2></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/6a03a570-954b-4cc8-9ec1-7ee22346e661.jpg" width="960" data-mce-src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/6a03a570-954b-4cc8-9ec1-7ee22346e661.jpg"></picture><div><br></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Brisbane-based developer <span class="mce-spellchecker-annotation mce-spellchecker-word mce-cram_285347949111644896174844" aria-invalid="spelling" data-mce-highlight-id="mce-cram_285347949111644896174844" data-mce-bogus="1" data-mce-annotation="Forme" data-mce-lingo="en_au">Forme</span> has completed its fifth luxury beachfront development on the Gold Coast.</p><p>Its most recent coastal development, known as Luna, was completed on prestigious beachfront address Goodwin Terrace — across from renowned <span class="mce-spellchecker-annotation mce-spellchecker-word mce-cram_8767966681644896174833" aria-invalid="spelling" data-mce-highlight-id="mce-cram_8767966681644896174833" data-mce-bogus="1" data-mce-annotation="Burleigh" data-mce-lingo="en_au">Burleigh</span> Pavilion and alongside <span class="mce-spellchecker-annotation mce-spellchecker-word mce-cram_98361000091644896174833" aria-invalid="spelling" data-mce-highlight-id="mce-cram_98361000091644896174833" data-mce-bogus="1" data-mce-annotation="Burleigh" data-mce-lingo="en_au">Burleigh</span> Heads National Park.</p><p>The project, built by <span class="mce-spellchecker-annotation mce-spellchecker-word mce-cram_641281519101644896174842" aria-invalid="spelling" data-mce-highlight-id="mce-cram_641281519101644896174842" data-mce-bogus="1" data-mce-annotation="McNab" data-mce-lingo="en_au">McNab</span>, comprises seven full-floor residences and a dual-storey penthouse with private rooftop pool and terrace.</p><p>Shortly after release, the project’s apartments sold out for just shy of $40 million with the building’s coveted penthouse picked up by a local Gold Coast couple ahead of its official launch.</p><p>The development sits alongside Forme’s recently completed Norfolk project, the first multi-storey residential development on Goodwin Terrace in three decades.</p><p>Forme managing director David Calvisi said the neighbouring site at 50 Goodwin Terrace presented Forme with the unique opportunity to deliver another high-end project while protecting its homeowners at Norfolk.</p><p>“Luna represents a new phase of beachfront perfection and is a stunning complement to Norfolk,” Calvisi said.</p><p>“We knew development of the Fish House site was inevitable and in a bid to respect the integrity of Norfolk, its purchasers and their views knew it was paramount we take the opportunity to purchase the site as it presented.”</p><p>Calvisi enlisted Plus Architecture to design the project after engaging Koichi Takada for Norfolk.</p><p>Each apartment in Luna has premium appointments, 260sq m floor plans, and north facing coastal views through 14-metre wide floor-to-ceiling glass.</p><p>The project’s interiors have been designed by Mim Design and feature richly veined stone, custom wall lighting, European oak flooring, curved glass, polished plaster, and brushed nickel tapware.</p><p>Apartments all feature three ensuited bedrooms, study, floating dry bar, custom kitchen with butler’s pantry, and oceanfront balcony with an integrated barbecue kitchen.</p><p>Amenities include a pool, wet-edge sun lounge and state-of-the-art gymnasium.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr></div></div></div><div class="row ci"><div class="cell cell-sm-3 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/8066f71b-8916-4c4b-843c-bd3a70e837f0.png" width="2000" data-mce-src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/8066f71b-8916-4c4b-843c-bd3a70e837f0.png"></picture><div><br></div></div></div></div><div class="cell cell-sm-9 cx12"><div class="ci cl"><p>Interested in learning more about these projects? Register now for our upcoming Boutique Development vSummit. <a href="https://www.eventbrite.com.au/e/the-urban-developer-boutique-development-vsummit-tickets-254289846777?aff=tudwebsite0content0news2" data-mce-href="https://www.eventbrite.com.au/e/the-urban-developer-boutique-development-vsummit-tickets-254289846777?aff=tudwebsite0content0news2"><strong>Click here</strong></a>.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr></div></div></div></div></div>

A select group of leading Australian developers are closing in on completing three definitive apartment projects redefining luxury living...

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