Industry Focus

Property • Issue 1

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WELCOME Welcome to Industry Focus: Property, Westpac's magazine for the property sector We are excited to bring you the first edition of Industry Focus: Property, a publication that highlights the key issues and current affairs for the sector. Within these pages you'll find new insights into the property sector, information about investment trends and also global living, including the growing interest in smaller apartments. Delving into the state of the market now and the outlook for the year ahead, we catch up with David Rees, Regional Director and Head of Research at Jones Lang LaSalle, about how the current low interest/high yield conditions are impacting foreign and national commercial property investment and development. We look at the approach residential development company TDF Projects takes to securing funding for its projects. A partner at TDF Projects, David Knight, discusses how his business has improved its processes and how this has assisted its growth. We also discuss a trend shaping the sector—the rise of apartment living and the increasing willingness of the population to choose apartments over houses. We offer the latest Westpac outlook for Australia's economy and interest rates, then last but not least, we chat with Anthony Andreatta, a director at his family's construction and development company, Built Developments. He shares his positive experiences as a Westpac customer based in Sydney. Westpac is committed to the property sector and we are interested in hearing from both current and potential clients about your business's possibilities. So sit back and enjoy this issue of Industry Focus: Property. Jason Sunderland National Head of Property Westpac Retail and Business Banking Property • Issue 1 1

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