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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 | Jun 2013

Renovation required: A conservative economic environment leads to poor performance

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
$731m
Annual Growth 08-13
-5.8%
Annual Growth 13-18
Purchase to read more
Profit
Purchase to read more
Employment
6,453
Businesses
3,033
Industry Analysis & Industry Trends

Commercial real estate agents deal with the selling, auctioning and leasing of commercial property in Australia. Over the past five years, the industry has struggled to respond to circumstances arising from the global financial crisis that led to high levels of volatility in the industry and several years of significant revenue decline. These circumstances arose as business sentiment dropped and lending standards escalated, leading to many businesses only having opportunities to invest in low-risk ventures. As property upgrades would be seen as a secondary priority in many cases, sale volumes dropped significantly during this period. Furthermore, the recovery has been slow, with a false dawn occurring during 2009-10... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Commercial Real Estate Agents industry exhibits a medium level of industry concentration. The top four players in the industry are expected to account for 46.1% of industry revenue. That being said, enterprise numbers are expected to have increased significantly over the past five years, although new enterprises are mostly smaller independent local operators. IBISWorld expects that in the short term, the industry will continue to be dominated by the four major companies, with other multinational companies such as Savills slowly making inroads to the industry. Over the medium term through 2017-18, consolidation is expected to ramp up as the rate of growing enterprise numbers slow and competition heats up between small operators... 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 properties out.

Industry Products
Commercial property salesCommercial property auctionCommercial property leasing
 
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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