SA attracts property investors from Eastern Coast

SA Gov

The delegation of 25 institutional investors, including Morgan Stanley and other multinational investment firms, will participate in the event co-hosted by the State Government’s Invest SA and the Property Council.

Presentations from both the private and government chief executives will showcase investment potential and projects of the State in critical infrastructure.

The event promises to showcase the burgeoning investment opportunities associated with the growing sectors and precincts such as BioMed City, the State’s Innovation and Defence Hubs, along with the pipeline of work that will flow from the State’s growing Hydrogen Industry.

Discussion will also explore prospective investment as well as new funding and partnership models such as ‘Build-to-Rent’ in residential developments, affordable housing, along with increasing the State’s accommodation offerings for student, hotel, and commercial properties.

Interest in potential investment in the State continues, following a performance from the State’s economy – along with a record low unemployment rate – recognised by the ANZ Stateometer Report (September 2023) as the best in the nation.

The confidence in the economy is underpinned by an increase in population, rising business confidence, and the influx of capital. Measures including the removal of stamp duty on commercial property transaction and the lowest payroll tax regime for large employers has South Australia heralded by the Business Council of Australia as “the most conducive environment for encouraging business growth in the nation”.

Of particular interest for property investment in the State is South Australia’s planning system, praised for its “speed and efficiency” while delivering consistency, certainty, and transparency.

The Property Investment symposium follows the success of the insights gained by Morgan Stanley delegation hosted by Trade and Investment Minister Nick Champion, Invest SA and Business SA during the AFL’s Gather Round earlier this year.

It also follows the rollout of the State Government’s ‘Why Business is Better in SA’ campaign in Victoria and New South Wales, reaching almost five and half million people during its deployment.

As put by Nick Champion

With the State’s economy being recognised nationally, South Australia has caught the attention of institutional investors.

The opportunities in our state are vast and with our economy firing on all cylinders and a pipeline of critical infrastructure works and major projects on the horizon, there has never been a better time to invest in the State.

With its clean and renewable energy, growing defence industries, leading edge innovation in health, biomedical and creative industries, each backed by the Malinauskas Labor Government, South Australia is primed for investment to ensure we continue to have the best economic performance of the nation.

As put by Invest SA executive director Chris Wood

The interest shown in the State since the previous fund manager event earlier this year has been remarkable.

This event seeks to bring together investors to learn first-hand about the economic outlook and the scale of the opportunities that exist in South Australia.

There is a real appetite and excitement to invest in the State and partner to deliver on critical infrastructure projects.

Invest SA look forward to working with the participants and seeing what specific opportunities are of greatest interest so we can tailor our services to deliver the greatest impact for the State.

As put by Property Council of Australia SA Division executive director Bruce Djite

South Australia has a unique and compelling story to tell as an investment destination and has recently received recognition for having the most competitive tax and planning environment.

The Property Council is proud to work in partnership with Invest SA to meet potential investors, tell our story and play our part in attracting more capital to South Australia.

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