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

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Hero Image Brisbane Olympic Paper

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.


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

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Related Experts

Karina Salas

Associate Director, Research

Research

Brisbane CBD

Karina began her professional career in Peru in the areas of credit analysis and banking negotiation, shaping the analytical skills supporting her current portfolio of clients at Colliers International.

During her experience as an Analyst Supervision with APRA and in corporate finance, she has gained experience across many facets of business and project investment including research, feasibility analysis, forecasting, risk management, funding structure and financing.

Her passion for the property sector supported her decision to change careers and invest in the delivery of a portfolio of small development projects for the residential sector. Karina has gained solid experience in the property sector across various investment assets including residential, commercial and industrial.

Throughout her career, Karina has gained a vast knowledge in risk management, project management, finance and property research, making her a valuable asset for our clients in the Brisbane office.  

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Simon Beirne

State Chief Executive | Queensland

Industrial

Brisbane CBD

As the State Chief Executive of Queensland, Simon's responsibilities include overall supervision of the Queensland business comprising of 6 offices and over 200 staff. 

At Colliers, we work hard to connect internally to share knowledge about our clients and deliver better outcomes for them. This team ethos is a strong part of our culture and keeps our people highly engaged and it has kept Simon wanting to be part of this great business for the last 20 years.

Simon has over 25 years’ experience in the real estate industry and the agency having previously worked for Primac Elders as an auctioneer prior to joining Colliers International in 1998.

Simon's background is in industrial property where he has been responsible for some of the largest transactions in Queensland over the past 20 years.

In 2015 Simon was involved in the sale of the GIC/Frasers portfolio totalling $1.073 billion. This is the largest and highest quality industrial sale on record in the Australian market.

And in 2017 Simon had the pleasure of marketing the Coca-Cola Amatil Campus in Richlands which was sold to Charter Hall for $157m, making it the largest single industrial asset sale in Queensland's history.

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