Top Commercial Real Estate Companies in Australia

The commercial real estate industry is a vital sector of the Australian economy, providing space for businesses to operate and driving economic growth. This article explores the factors contributing to the industry's growth, key statistics, trends, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
MERRICKS CAPITAL52 +61 3 8319 8111
enquiries@merrickscapital.com

Merricks Capital is a hard asset investment specialist, established in 2007. We have over 15 years of experience and have managed over $7bn in global investment opportunities and traded in excess of $AUD250 billion of securities and commodities. Our mission, in partnership with our investors, is to continue to deliver outstanding returns by providing innovative capital solutions across agriculture, commercial real estate and specialised infrastructure. Please visit our website www.merrickscapital.com to read more.

ELDERS REAL ESTATE788 +61 2 9987 0198
lani.dalton@eldersrealestate.com.au

Elders is Australias most trusted and respected real estate brand. Established in 1839 and widely recognised as one of the most dominant real estate networks, it has used this platform to emerge as a leading real estate group. The Elders Real Estate network occupies close to 300 offices operating in all capital cities, major regional and rural centres across the country. In 2016, this network sold over 9000 properties for a combined total value of close to $4 billion. Elders has an extensive team of experienced, professional real estate agents throughout Australia who are committed to providing an outstanding real estate service for clients.

CAMPAIGNTRACK191 +61 1300 363 992
hello@campaigntrack.com

For over 20 years Campaigntrack has been busy revolutionising the real estate industry. Today, at the touch of a button, our full service marketing platform connects digital, social, print, signage and content solutions to some of the industrys strongest and most innovative real estate brands. With Campaigntrack, every facet of property, agent and office marketing can be created, delivered and managed flawlessly from a single online platform, including digital and social media marketing. Free your business with software that incorporates a host of features designed specifically to simplify and streamline the everyday management of property marketing campaigns, and services that propel marketing campaigns to new heights. Our key services include digital and social media marketing, print and signboard production, video, photography, floorplans, copywriting and more. Our reputation has been built from experience, and we have left no stone unturned in our quest to constantly be ahead o…

HUB AUSTRALIA150 +61 1300 482 611
hello@hubaustralia.com

Hub Australia provides premium workspace solutions to help people love where they work. Founded in 2011, Hub is Australias largest privately-owned flexible workspace operator and offers beautifully designed and serviced workspaces, used by hundreds of businesses aiming to attract and retain the best talent. With a distributed network of locations in Sydney, Melbourne, Brisbane, Canberra and Adelaide, we create workspaces that people love through premium design and technology, personalised customer service, flexible partnerships, and a commitment to wellness of our members, team, and environment. Hub Australia is committed to creating a positive impact on our communities, environment, and members through several impact-focused initiatives. Hub is a Certified B-Corporation, Carbon Neutral Certified via the government program Climate Active, and offers many free memberships to purpose-driven businesses across the year.

HONEYWELL SINE106 +61 8 8876 5042
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Honeywell Sine is a leading digital visitor and contractor management platform. Whether youre a visitor, contractor, or an employee, Honeywell Sine works to make you more safe, more secure, and more productive. Today, the application is in use at thousands of sites and tracks over 80,000 daily check-ins for its global clientele list that spans across a wide variety of industries including commercial real estate, pharma, education, industrial, logistics, construction, among others.  Sine is a part of Honeywell Connected Enterprise. Our head office is in Adelaide, South Australia and we have offices in Los Angeles, The Philippines and more to come!

COMMERCIAL READY4 +61 3 9631 5476
info@commercialready.com.au

Commercial Ready forms part of Ready Media Group and has been built from the ground-up to present the best commercial investment opportunities for sale throughout Australia. Through our integrated marketing packages, we maintain the relevance of your sales campaign over its entire lifetime by consistently engaging an active and targeted audience; and offer lifetime campaign support at no extra charge. Our integrated approach means we offer a myriad of purpose-built technologies and in-house media capabilities to enhance your campaigns visibility and interactivity with prospective buyers, including but not limited to: - Video production & distribution - 3D Virtual Tours - Social Media targeted lead generation - InstaDocs (dataroom technology embedded into campaign) - Email communications to targeted databases - Ready-Pay (BNPL campaign finance solution) - + more

FIRST NATIONAL REAL ESTATE838 +61 3 9418 9122
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First National Real Estate is an Australasian group of independent real estate agents with specialist skills in residential sales and property management, commercial and rural property. There are currently over 300 offices in the group throughout Australia, New Zealand, Papua New Guinea with two offices in Vanuatu. Visit www.firstnational.com.au for Australias only comprehensive advice about how to solve lifes real estate challenges. Well offer guidance on everything from looking to rent, buying your first home, investing, upsizing, downsizing, retiring and lifes challenges like separations and how they affect property assets.

HONAN INSURANCE GROUP319 +61 2 9299 0767
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To tell you about Honan, we should start where we always do. Your business. We want to play a part in realising your growth strategies and limitless potential. As an Australian company operating since 1964, we know exactly what it takes to achieve growth and stability. When you think insurance, you might not think passion but we are dedicated to providing a significantly higher level of service. Its the main reason Honan has grown consistently and why our network extends to over 100 countries around the world. Our understanding of your business will give you the freedom to steer your company where it deserves to go. And well be with you all the way.

BAL LAWYERS63 +61 2 6274 0999
reception@ballawyers.com.au

BAL is comprised of devoted teams covering a wide range of legal services. We have a strong focus on commercial and business law, property, local government, employment, dispute resolution, estate planning and litigation. At BAL Lawyers our priority is to serve our clients through the highest standards of integrity, straightforward communication and innovative solutions as well as a real commitment to promoting our clients success. We are proud of our reputation as a leader in the community in delivering commercial outcomes for our extensive client base. The firm prides itself upon its lawyers being not only talented and innovative, but capable of going beyond the traditional legal role of reactive adviser to working as an extension of our clients businesses. Our clients receive cost-effective legal services, as well as the attention, respect and courtesy that comes with our more accessible and personable firm.

KNIGHT FRANK AUSTRALIA774 +61 7 5503 1420
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Our attitude is different, our approach is visionary. At Knight Frank Australia we achieve exceptional results for our clients through a combination of expertise, innovation, and a personalised approach. With a proven track record established over 125 years, we are part of a global powerhouse sharing the resources, knowledge and insights of a company spanning 488 offices and more than 20,000 individuals. As the worlds largest privately-owned property consultancy, we have the distinct advantage of taking a longer term approach and investing in our client relationships versus being driven by the bottom line. Our 1,000-strong Australian team apply their market knowledge and dedication giving our clients an edge across all commercial and residential property transactional and advisory services. Our extensive Australian footprint offers an unrivalled network of property experts, each with an in-depth understanding of local market subtleties, from metro cities to regional and remote…

LINKFIRE - YOUR ESSENTIAL SAFETY PARTNER32 +61 1300 683 823
sales@linkfire.com.au

Linkfire values integrity and honesty, and is committed to providing friendly, quality service. Linkfire was founded by Alistair Nicoll in 1998 specialising in the servicing of portable fire equipment. Since then, we have grown to more than 70 full time staff, which is combined experience of more than 250 years. We are the leading provider of Essential Safety Measures (ESM) and the original one stop shop for programmed maintenance. We now proudly maintain over 7000 buildings throughout Victoria for a range of clients. Our clients include OCs and facility managers, government buildings and commercial real estate. This rich history of partnership has resulted in a comprehensive understanding of the building and asset management industries. WHY CHOOSE US? Linkfire is powered by leading software in field servicing and compliance management. This enables our qualified technicians to capture vital asset compliance information onsite using the latest mobile technology and provide results …

STONE REAL ESTATE.373 +61 479 129 887
propertyleasingmnb@stonerealestate.com.au

Stone Real Estates revolutionary business model is a franchise structure that operates as a group of cohesive agencies with a unified team and common objectives. Our innovative corporate structure has many advantages, including one centralised database, a wider network, sharper market intelligence, leading technology and greater results for our clients. We do things differently, smarter and more efficiently and our business is entirely driven by our clients needs, enabling us to give you so much more in the most personalised possible way.

LOGOS434 +65 6491 0088
info@logosproperty.com

LOGOS is a dynamic and growing logistics specialist with operations across 10 countries in Asia Pacific. We manage every aspect of logistics real estate, including investment management, sourcing land or facilities and undertaking development and asset management, on behalf of some of the worlds leading global real estate investors. We have circa 11.3 million sqm of property owned and under development, with a total completed value of over US$23.5billion, across 37 ventures. LOGOS shareholders comprise ESR Group, APACs largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally and its Founders, John Marsh and Trent Iliffe. https://www.esr.com/

AREALYTICS56 +61 2 9189 5495
info@arealytics.com.au

Arealytics is an international provider of proactively researched and maintained commercial real estate information and technology solutions.

CIVIUM PROPERTY GROUP81 +61 1300 724 256
enquiries@civium.com.au

Civium is a diversified property services company providing a range of strata management and real estate services in Australia. Commencing operations in 2003 and originally focused on commercial real estate transactions the business operated from a single office in the ACT. Civium has since diversified its business operations and now provides services in: • Strata Management • Commercial Real Estate Agency (Sales & Leasing) • Commercial Property Management • Residential Real Estate Agency (Sales) • Residential Property Management • Insurance Services • Facilities & Building Management Civium now operates in four states along the eastern seaboard of Australia. Our network of offices are located in: • Canberra, ACT (Head Office) • Brisbane, QLD • Melbourne, VIC • Sydney, NSW

TENANT CS23 +65 6100 0011
info@tenantcs.com

Tenant CS is an Asia-Pacific-based, conflict-free tenant representation services company, independent of third parties such as landlords and real estate agents. We have offices in Australia and Singapore and are part of a global network of trusted tenant representation advisory experts, which allows us to service a number of countries around the world. Our team is passionate about providing independent tenant advice with entrepreneurial flair to people who might not have the time or expertise to deal with the complexities of commercial real estate. Our one-stop-shop approach means we are able to assist commercial tenants with the following services: Tenant Representation Services - Site relocation (office, warehouse, industrial) - Lease negotiation and lease renewal - Stay versus leave analysis - Exit strategies (including lease termination/breaking a lease, subleasing and third-party assignment) Project Management - Technical and functional analysis - Space planning - Workpl…

GOODMAN1,395 +65 6737 0102
info@goodman.com

Goodman is a global property group who own, develop and manage quality, sustainable properties close to consumers, and were dedicated to working together to make the world a better place for our customers, our people and the communities we operate in. We plan for the long term and look at the big picture. We have the teams, scale, expertise, infrastructure and capital to develop long-term relationships with customers and partners around the world, but were still flexible enough to adapt to local business needs. For more information on Goodman, please visit www.goodman.com

ZAGGA GROUP AUSTRALIA27 +61 411 206 761
frank@zagga.com.au

Zagga is one of Australias leading boutique investment managers and non-bank lenders. Our objective is to generate stable, fixed-income style investment opportunities through facilitating the funding of high-quality loan transactions in the Commercial Real Estate Debt (CRED) sector. Incorporated in 2016, our team has over 200 years combined experience in credit, property and investment management. We are a fast-growing company and are always looking for high-calibre individuals to join the Zagga family. If you want to work in a fun, supportive and dynamic workplace, send your resume to staff@zagga.com.au. #investsecurely #borrowsimply Why zig when you can Zagga?

EQUIEM156 +61 1300 132 732
support@getequiem.com

Equiem is the global leader in commercial tenant experience technology. The firm works with leading property owners and managers in the global real estate industry to breathe life into their buildings, by transforming them from mere brick and mortar structures into vibrant, connected and engaged communities with services and experiences that enrich lives. Equiems market-leading app, used by 170,000 people across 60 million sq ft (5.5 million square metres) of commercial real estate worldwide, helps landlords attract and retain occupiers, deliver seamless tenant communication, supercharge onsite retail and services, and unlock additional asset value across their portfolios. With comprehensive, easy-to-use dashboards, Equiems app also offers the most advanced tenant analytics in the market, providing clients with rich, actionable intelligence that drives smarter, more effective tenant engagement. Founded in 2011, Equiem has offices in Australia, the USA, the UK and The Philippines. …

DEVELOPMENT READY3 +61 3 9631 5476
info@developmentready.com.au

Development Ready forms part of Australias premier property media business, Ready Media Group. Since 2015, our business has become the go-to property platform for those seeking development site opportunities, unique & engaging news and exclusive interviews from across Australia. Our in-house media, production & sales teams design, produce and distribute our exclusive content which is shared to an active and engaged audience of over 50,000 property developers, property investors, property agents & professionals throughout Australia. Our digital + print assets include the Development Ready Platform, the Commercial Ready Platform, The Interview series, The Roundtable series, & The Property Development Review monthly magazine.

Top Commercial Real Estate Companies in Australia

Key Statistics

The commercial real estate industry in Australia has experienced steady growth in recent years, with a 2.5% increase in GDP contribution from 2021 to 2022. In 2022, the industry contributed approximately AUD 67.2 billion to GDP and employed approximately 260,000 people, according to the Property Council of Australia.

Factors Contributing to the Growth and Success of the Commercial Real Estate Industry

Government Initiatives

The Australian government has implemented various initiatives to support the growth and success of the commercial real estate industry. One such initiative is the Commercial Building Disclosure (CBD) Program, which requires commercial building owners to disclose the building's energy efficiency rating when it is sold or leased.

In addition, the government has invested in infrastructure and urban planning, supporting the growth of the industry.

Industry Growth and Comparison to Previous Years

The commercial real estate industry has experienced growth due to increasing demand for commercial space, driven by a growing population and a strong economy. In addition, the rise of co-working spaces and flexible work arrangements has increased demand for smaller office spaces and increased the accessibility of commercial space for smaller businesses.

The commercial real estate industry in Australia has experienced significant growth in the past few years, with GDP contribution increasing from AUD 60.6 billion in 2019 to AUD 67.2 billion in 2022, according to the Property Council of Australia.

The office sector is the largest sector within the commercial real estate industry, with a market value of approximately AUD 250 billion in 2022, followed by the retail sector, which has a market value of approximately AUD 90 billion.

Key Trends in the Commercial Real Estate Industry

Technological Disruptions

The commercial real estate industry is constantly evolving, with technological disruptions playing a significant role in shaping its future. The adoption of digital technologies, such as virtual reality and artificial intelligence, has improved property management and leasing processes, while the use of Internet of Things (IoT) devices has increased efficiency in building operations.

In addition, the development of smart buildings and the use of blockchain technology have the potential to increase transparency and reduce costs in property transactions.

Sustainability

Sustainability has become a key focus for the commercial real estate industry, with increasing pressure from tenants and stakeholders to invest in sustainable buildings and operations. The industry has responded by developing new building standards and certifications, such as Green Star and NABERS, and incorporating sustainability criteria into building design and operations.

Challenges Facing the Commercial Real Estate Industry

Economic Uncertainty

The commercial real estate industry is subject to economic uncertainty, such as fluctuations in interest rates and changes in government policies, which can impact demand for commercial space and put pressure on rents and property values.

Regulatory Challenges

The commercial real estate industry is subject to regulatory challenges, such as changes to planning and zoning regulations, which can impact the supply and demand for commercial space and put pressure on property values.

Future Outlook for the Commercial Real Estate Industry

The commercial real estate industry in Australia is expected to continue experiencing growth in the coming years, driven by increasing demand for commercial space and the adoption of new technologies. The shift towards sustainable practices is also expected to continue, with increasing pressure from tenants and stakeholders.

However, the industry will also face challenges, such as economic uncertainty and regulatory challenges. To remain successful, the industry will need to continue to innovate and adopt new technologies to increase efficiency and reduce costs.

One area of potential growth is in the development of flexible and sustainable commercial spaces, which can meet the changing needs of tenants and incorporate sustainable building practices.

Another area of potential growth is in the adoption of digital technologies, which can improve property management and leasing processes and increase transparency in property transactions. Australian companies have an opportunity to capitalize on this trend by developing new digital technologies and investing in smart building solutions.

In addition, the industry can benefit from investing in the development of new building standards and certifications that incorporate sustainability and ESG criteria into building design and operations. This can increase the attractiveness of commercial space for tenants and investors and support the industry's shift toward sustainability.

Conclusion

In conclusion, the commercial real estate industry is a critical component of the Australian economy, providing space for businesses to operate and driving economic growth. The industry has experienced steady growth in recent years, driven by increasing demand for commercial space and government initiatives to support the industry.

Looking forward, the industry is expected to continue to grow and evolve, with opportunities for innovation and the adoption of new technologies. However, the industry will also face challenges, such as economic uncertainty and regulatory challenges.

To remain successful, the industry will need to continue to adapt and innovate, developing new building standards and certifications that incorporate sustainability and ESG criteria, investing in digital technologies, and developing flexible and sustainable commercial spaces that meet the changing needs of tenants. With the right investments and initiatives, the commercial real estate industry in Australia has the potential to continue to grow and contribute to the country's economic prosperity.

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By Melissa Goh
Published on 10 May 2023