Lower investor demand reflected in shrinking apartment pipeline - JLL
The number of apartments under construction in Australia’s six major capital cities has fallen by around 10% over the past year, according to JLL'S 1Q 2019 Apartment Market Reports.
Hayball director, Eugene Chieng, who manages the company’s Asian developer clients, has noticed that a number of his traditional multi-residential clients are diversifying into new endeavours, such as agriculture and hospitality.