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The real winner of the 2032 Olympics - The Queensland Property Market

Brisbane is off the blocks and on the home stretch to take out the 2032 Olympics, which will create considerable opportunities for the QLD property sector. 

The proposal for Brisbane to become a Summer Olympics host city in 2032 has multiple economic and social benefits and the potential to accelerate an era of growth for the Sunshine State. Beyond the estimated economic benefits of US$6.1 billion and the forecast growth of employment in the range of 91,600 jobs, a successful bid would provide a range of opportunities for property investors and developers. Our latest Colliers Radar report identifies some of these opportunities focusing on the following:

  • Infrastructure legacy projects
  • Opportunities for the state to lift its global investment profile attracting increasing weight of capital
  • Urban regeneration projects across South East Queensland with the highest likelihood to transition to construction if the bid is successful
  • The estimated growth of base office demand, and
  • The impact on the industrial property market.

 

 

Contact our experts

Karina Salas

Karina Salas

Associate Director

QLD Research

+61 7 3908 9961

Joanne Henderson-1

Joanne Henderson

National Director

Research

+61 2 9257 0285

Beirne, Simon

Simone Beirne

State Chief Executive

Queensland

+61 7 3370 1784

Kearney, Matt

Matt Kearney

National Director

Office Leasing

+61 7 3370 1768

ANDREW-SCRIVEN

Andrew Scriven

National Director

Residential

+61 7 3026 3344

Steven King

Steven King

Director in Charge

Gold Coast

+61 7 5588 0233

McGrath, Luke_jpg

Luke McGrath

Director

Retail Leasing

+61 7 3026 3320