The CEOs of Lendlease, Dexus and Charter Hall are adamant that any underperformance will lead to the privitisation of Australia’s listed property giants.
The post-pandemic forces of workplace flexibility, labour shortages, rising inflation and the cost of capital collided spectacularly at The Australian Financial Review Property Summit in Sydney on Wednesday morning.
Lendlease boss Tony Lombardo, Charter Hall chief executive David Harrison, Brookfield’s managing partner for real estate Sophie Fallman and Dexus chief Darren Steinberg painted the picture of a commercial property market that is much healthier than the empty CBDs of Sydney and Melbourne might suggest.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
