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Natural Capital Platform

Research Paper

Australian Real Estate Debt

Published 31st July 2023

Author:

Mohamed Ali

Senior Analyst, Global Real Estate Debt

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Australia can provide an exciting and potentially lucrative market for experienced non-bank lenders who can carefully assess the available opportunities and achieve the optimum risk-adjusted returns.

  • The country’s commercial real estate debt market looks as though it will continue its healthy pace of growth as it benefits from the country’s rapid post-Covid recovery.
  • The Australian non-bank lending market has experienced significant growth as it continues to mature towards the US and European markets.
  • Despite increasing their market share from 10-15% over the past decade, non-bank commercial real estate lenders market share in Australia is still well below the US and European markets.
  • We estimate a debt funding gap in the Australian commercial real estate market at circa A$11bn annually.

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