Real Estate Markets Quarterly – Spring 2024

Spring is here, and so too is the latest edition of our Real Estate Markets Quarterly!

In this edition, we dive into key industry developments shaping the real estate markets in Australia and New Zealand for 2024, focusing on the latest regulatory changes and market trends.

While the Australian housing market continues its positive trajectory, the pace is moderating, providing some relief for those navigating high interest rates and inflation. Prime office spaces remain strong, particularly in Brisbane, where vacancy rates have hit a decade-low.

Other topics range from the expansion of landholder duty in Victoria, insights on competing land use issues in resource-rich regions, and updates on New Zealand’s 2024 tenancy reforms.

What’s inside:

  • An Industry Spotlight on Richard Winter, General Counsel at May Brothers Holdings
  • Expanding the Landholder Duty Net – Victorian Court of Appeal Confirms Decision in Oliver Hume Case
  • Recent Developments in Competing Land Use Issues in Resource Rich States
  • Insolvent tenants? Landlords beware: When a Court Will Stop You From Taking Possession of Your Property
  • New Zealand’s 2024 Tenancy Reforms and Key Changes for Landlords and Tenants
  • Caution to Lenders: Real Property Mortgage Successfully Challenged as Unreasonable Director Related Transaction
KEY CONTACTS

Partner, Head of Real Estate Markets