Ep2: Navigating the reset in Melbourne real estate - with Peter Harper, James Jorgensen and Annabel McFarlane

A glut of new development and relentless interest rises over the past two years saw key real estate markets in Melbourne put ‘on the bench’ by some investors. A slow return to the office after Covid lockdowns didn't exactly help lift these markets either. As a result, the recovery many expected in 2024 didn't eventuate.

But it may have been the 'reset' that had to happen.

In this episode, Peter Harper, head of hotel investment sales –

Australasia, JLL, Annabel McFarlane, head of strategic research – Australia, JLL and James Jorgensen, head of logistics and industrial leasing, reflect on 2024 and predict how Melbourne's real estate market is set to navigate the year ahead.

The guests discuss why companies might relocate their distribution centres from Sydney to Melbourne, how a softening Aussie dollar could spell a boon for investment, and how new valuation standards and sustainability reporting frameworks will give property owners something else to think about this year.

Host: Rebecca Kent, JLL