MaxCap Group / News / MaxCap x The Urban Developer Roundtable
MaxCap Group / News / MaxCap x The Urban Developer Roundtable

MaxCap x The Urban Developer Roundtable 2023

MaxCap’s CIO Bill McWilliams, Head of Direct Investment, Simon Hulett and Head of Research, Bruce Wan recently co-hosted a roundtable lunch with The Urban Developer in Sydney.

They were joined by James Paver, Executive Director at Avenor, Bill Fatouris, NSW Senior Director Valuations & Advisory at JLL Australia, Justin Brown, Chairman at CBRE & Managing Director at Abadeen Group, Paul Ford. CEO Industrial at Centennial, Colin Rahim, CEO at Growthbuilt and Matthew Hyder, CEO at Legacy Property. Summaries of the discussion are covered in the articles and video below.

 

 

Watch the video summary of the discussions or view the four articles published on The Urban Developer website below.

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Articles written by Taryn Paris, Managing Editor of The Urban Developer.

ARTICLE one:

Risk and Reward: Construction Crunch Keeps Developers Up at Night

“I’m often asked what keeps me up at night, and it’s the contractor risk and what’s going on with building prices. The reality is there are a lot of feasibilities that aren’t stacking up.”

Speaking at The Urban Developer and MaxCap roundtable in Sydney Recently, MaxCap Chief Investment Officer Bill McWilliams succinctly expresses the concern etched across the furrowed brows of every developer sitting down for lunch.

READ THE FULL ARTICLE

ARTICLE TWO:

View From the Top: ‘Something Needs to Break’

“Something needs to break” in the constrained property development industry in New South Wales.

Dislocation of the market, price discovery and planning constraints are all dogging the industry in Australia’s most populous city – but those stark words from Abadeen managing director Justin Brown resonated with more in the room.

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ARTICLE THREE:

View From the Top: Industrial is Hot, Office is Not

Capital has been flowing out of the office sector into industrial in a change of fortunes over the past two years – and Centennial’s chief executive of industrial and logistics Paul Ford says they are in a good position to capitalist on it.

Speaking at The Urban Developer and MaxCap Roundtable, Ford says he is optimistic about the long-tailed boom in the sector.

“Looking ahead for the next 12 to 18 months, the growth outlook is quite strong, and demand is higher than it’s ever been. But the main issue is supply constraints both in the inner and outer rings,” Ford says.

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ARTICLE FOUR:

View From the Top: Developers Looking to Blue Skies

Land values need to find their floor to get residential development back under way to address housing supply and affordability issues.

MaxCap’s chief investment officer Bill McWilliams believes it will be land values that will have to ameliorate in the current market.

Speaking at The Urban Developer and MaxCap Roundtable, McWilliams says “something’s got to give” in the heavily constrained property market of NSW.

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