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Commercial Real Estate Agents in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Commercial Real Estate Agents Market Research Report | Advisory & Financial Services | B2B Services | Sep 2014

Real recovery: Increased demand for commercial real estate drives industry revenue

The Commercial Real Estate Agents market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
CBRE CBRE market share
Colliers International Colliers International market share
Jones Lang LaSalle Jones Lang LaSalle market share
Knight Frank Australia Knight Frank Australia market share
Industry Statistics & Market Size
Revenue
$842m
Annual Growth 10-15
-2.2%
Annual Growth 15-20
Purchase to read more
Profit
Purchase to read more
Employment
3,888
Businesses
2,160
Industry Analysis & Industry Trends

Commercial real estate agents facilitate the sale of commercial property in Australia. Over the past five years, the industry has struggled to rebound from the global financial crisis, which led to high levels of revenue volatility and several years of significant revenue declines. These circumstances arose as business sentiment dropped and lending standards escalated, causing investors to move away from commercial property to invest in more low-risk ventures. During this period, commercial property sales volumes also fell, as property or premises upgrades became a secondary priority for struggling businesses. Overall, industry revenue is forecast to decline at an annualised 2.2% over the five years through 2014-15, to reach $842.4 million... purchase to read more

Industry Report - Industry Analysis Chapter

The past five years have been challenging for the industry. Commercial real estate activity has fallen over most of the five-year period. Weak business confidence, poor occupancy rates and falling rental income across the board have deterred buyers from moving into the market. With weak prices and lower sales, sales commissions have also dropped. As a result, industry revenue is forecast to decline at an annualised 2.2% over the five years through 2014-15 to reach $842.4 million. Falling revenue forced smaller players out of the industry, which reduced the number of enterprises. Larger industry participants have scrambled to cut costs and reduce staff numbers, contributing to the decline in industry employment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Commercial Real Estate Agents Industry?

Companies in this industry act as intermediaries for others during the sale, purchase or rental of commercial real estate. In addition to buyer representation, commercial real estate brokers may also lease out properties.

Industry Products
Prime office salesOffice salesRetail property salesIndustrial property salesOther property sales
 
Industry Activities
Commercial property sales arrangementCommercial property lease arrangementOther commercial property agency servicesCommercial property sales arrangementCommercial property lease arrangementOther commercial property agency services


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