Explore how the recent trends in the construction industry will impact real estate markets.
Insight
Brisbane Construction Market Perspective
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Brisbane is currently experiencing a surge in infrastructure and private investment projects. As a result, Brisbane ranks as the second most expensive city for construction in Australia, severely impacting the supply of new commercial and residential buildings. This overwhelming pipeline of major construction projects has left Brisbane's construction sector grappling with capacity issues, marked by labour shortages and strong inflationary cost pressures.
Download JLL's latest report to gain a perspective on how the pressures in the construction sector will distinctively impact the office, industrial, retail, and residential sectors.