Uptick in Commercial Construction Work

According to the recent outlook provided by the Australian Construction Industry Forum (ACIF) asset owners are spending money in order to keep their assets competitive, which along with one-off boosts by way of demand for commercial facilities in above-station rail developments, will provide a ~2% growth in building output this year, to $251.4B.

According to Kerry Barwise, ACIF’s consulting economist, from the asset owners perspective:

“There are a number of people that are refreshing their buildings to refresh their competitiveness,”

While from an employer perspective:

“If you want to attract your employees, in addition to giving them a pay rise, you spruce up the office and make it a more sustainable, attractive place to work".

This "surprising resilience" will go a long way in offsetting the decline in residential construction due to many developers shelving apartment projects given the increasing build costs and lower dwelling values.

CapStack

Our deal pipeline is building and we are working on all types of new opportunities on very optimal terms throughout the commercial property market, including commercial & residential multi-family construction, retail, offices, and warehouse/industrial spaces (tenanted and vacant).

We are always keen to work with new clients and new business - feel free to reach out! We would love to see how we can help.

If you are keen to learn more get in touch with the team at CapStack. Are you an investor looking to dip your toes into the market? Let us know! Please let us know if we can help in any way to get your commercial property finance needs taken care of. Are you looking to purchase commercial or industrial property within Australia and require bank, non-bank, or private financing? CapStack can help. Are you a property developer looking for project finance to get your site moving? We can help assist you source finance. Are you a or property investor looking to purchase your next asset? Start here to connect with is and send though some basic information to get the ball rolling or email us directly. We work with lenders Australia-wide ready to fund investments and development projects. This is where CapStack comes in. CapStack works alongside Australia's most active lenders from across the board. We help developers and investors fill their capital stack by providing access to the capital puzzle piece they are missing. CapStack works directly with developers and investors who need access to capital markets.

How can we help you with your finance needs or those of your clients? Give us a call or start here.