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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

IBISWorld’s Commercial Real Estate Agents market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Locations Chapter

The dispersion of industry establishments around Australia closely follows the concentration of business establishments. Consequently, the majority of commercial real estate agents are located towards the eastern seaboard, where the bulk of Australian business activity is concentrated. Testament to this is the fact that New South Wales, Victoria and Queensland together account for 76.2% of industry establishments. New South Wales and Victoria have a high concentration of retail and office properties. Queensland's proportionally large share of the industry is due to the number of tourist attractions and other entertainment complexes.

Despite Western Australia rising rapidly as a source of prominent business growth, establishment numbers are still expected to account for 10.4%... 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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