Following are a few interesting facts about Brisbane and its commercial real estate market…
- Brisbane is the capital and most populous city in the Australian state of Queensland, and the third most populous city in Australia. Brisbane’s metropolitan area has a population of 2.24 million, and the South East Queensland urban metropolitan area, centered on Brisbane, encompasses a population of more than 3 million.
- The metropolitan area sprawls across several of Australia’s most populous local government areas (LGA), including the City of Brisbane, which is by far the most populous LGA in the nation. Residents of Brisbane are called Brisbanites.
- Brisbane is named after the Brisbane River on which it is located, which in turn was named after Scotsman Sir Thomas Brisbane, the Governor of New South Wales from 1821 to 1825.
- The Port of Brisbane is a part of the Australia TradeCoast, the country’s fastest-growing economic development area. Geographically, Australia TradeCoast occupies a large swathe of land around the airport and port. Commercially, the area has attracted a mix of companies from throughout the Asia Pacific region.
- Brisbane has hosted many large cultural, international and sporting events, including the 1982 Commonwealth Games, World Expo ’88, the final Goodwill Games in 2001, and the 2014 G-20 summit. Brisbane is classified as a Global city.
- White-collar industries include information technology, financial services, and public sector administration, which are generally concentrated in and around the central business district.
- Blue-collar industries, including petroleum refining, stevedoring, paper milling, metalworking and Queensland Rail railway workshops, tend to be located on the lower reaches of the Brisbane River and in new industrial zones on the urban fringe.
About the Principal:
Matthew Buckley has close to 30 years’ experience in property and advises existing and new clients on their commercial property needs. Formerly the Managing Director of Savills Qld with 150+ staff, he guided the development of business lines including valuation and advisory, commercial and retail transactional, research, trust accounting, project and property management and was involved in securing and fit out of the new head office.
Matthew joined ACORPP at the start of 2013 to develop a Brisbane based Queensland presence and is directly responsible for all aspects of the business. At ACORPP Matthew consolidated his skills and now specializes in providing strategic review and advice on building and portfolio strategies, financial analyses and cash flow modelling for assets, review of lease terms and conditions and finding solutions to unusual or complicated property circumstances. With his technical background and years of experience managing commercial negotiations, combined with a strong focus on value adding, Matthew provides a comprehensive service to property users.
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