Capstone

Capstone’s Accounting and Finance team have enjoyed some well deserved fantastic feedback from both clients and candidates alike. Congratulations Loressa Vogel and Trent Cairns we love your work as does everyone else!

We are delighted to be partnering with the City of Sydney on an exciting new opportunity! Please reach out to Gareth Broadrick at [email protected] for a comprehensive briefing pack.

💥 Melbourne based industry-leading tech professionals are available now. For exceptional delivery-focused candidates who consistently excel, contact me or Jason Raju! [email protected] [email protected] #TechTalent #IndustryLeaders #Hiring #HighPerformance #TechExperts #TopTalent #Innovation #Leadership

Capstone is delighted to announce the appointment of Property Industry stalwart John Talbot to the Capstone Board. John is the Non-Executive Chair of one of Australia's leading real estate service firms, JLL, and over the past forty years has held various strategic roles with the business spanning valuations, research, consulting, development, and capital markets. An incredibly well-respected leader, John brings a detailed understanding of real estate markets and has an extensive network of industry relationships at a senior level. He will work closely with the existing Board and Capstone’s Property Division Nationally. Capstone’s Managing Director Nicholas Page says “We have been privileged to work with John professionally over the years, he is a true gentleman and everyone here at Capstone is genuinely excited about working alongside John." John will take up his Board role this month and is looking forward to providing advice and counsel to the Board and the senior leadership team.   John says of his appointment; "I have worked with many recruiters over the years in my professional life and the Capstone team in my view represents the gold standard. They are professional, authentic and totally focussed on delivering the best outcome for their clients. I am delighted to have the opportunity to work more closely with this great team as a non-executive member of their Board." 

We're #hiring a new Analyst - Development/Investment in Greater Melbourne Area. Apply today or share this post with your network.

Capstone is celebrating five years since our Brisbane office opened in Queensland. During this time Capstone Director’s Daniel Gonsalves, Adrian de la Nougerede and Hayden Campbell and the wider team have partnered with over 150 private and public sector clients to help shape the careers of over 650 Property, Infrastructure & Energy professionals.   A huge achievement and significant contribution to Queensland, which is truly reflective of the hard work and passion for the industry of this highly respected team.   Thank you to everyone who has been part of this journey with us. We look forward to the next five years and continued growth and success. Vinnie Morris | Olivia Wong | Mark Cooper

We're #hiring a new Transaction Manager, Real Estate in Sydney, New South Wales. Apply today or share this post with your network.

Last week, Luke Borg and Stella Usanovic of Capstone’s Victorian office, attended the Property Council Victoria's Office Market Report Lunch held at Zinc. As Luke says "JLL Head of Strategic Research – Annabelle McFarlane gave such an insightful fact rich address, and really peeled back the layers to share the ‘Real’ Melbourne office narrative. Annabel was joined by Will Borcoski – CBRE Director of Office Leasing; Andria Carniato – Regional Portfolio Manager at Charter Hall; and Nick Poliansky, Asset Manager at TE Capital."   Other key take aways to note is the Melbourne office property market is facing significant challenges, with vacancy rates reaching a 20-year high. The market is experiencing a bifurcation, where demand for Premium and A-Grade office spaces remains robust, while B-Grade and lower-grade properties struggle. This divergence reflects tenant preferences for high-quality amenities, such as End of Trip Facilities; Rooftop & outdoor spaces; wellness & fitness spaces; sustainability initiatives (like the move to all electric) and functional/flexible/communal spaces conducive to tenant satisfaction and productivity . Tenant demands are increasingly focused on spaces that offer engaging environments and wellness features. As a result, there's a growing trend toward repurposing or redeveloping B-Grade buildings, which are often considered "functionally obsolete." These properties are either being upgraded to meet contemporary standards or entirely redeveloped (or removed from market) to better serve the market. Overall, the Melbourne office market is in a period of transition, with a clear preference for well-located, high-quality properties. One interesting takeaway, was that 10% (38 properties/ 664k sqm)of Melbourne CBD assets, account for 63% of the current vacancy. But there is growing optimism, as the market reaches valuation trough, and debt costs peak.

We're #hiring a new Associate Director, Capital/Investor Relations in Sydney, New South Wales. Apply today or share this post with your network.

Last week was the LG Professionals, NSW's annual two day conference where Capstone proudly participated leading the Think Tank session along side Talegent's Chief Science Officer Jamie McEwan. Capstone's Local Government Director, Gareth Broadrick said "It was a great opportunity to connect once again with our Local Government partners from right across New South Wales. It will be a busy remainder of the year for many in the sector with the upcoming local elections, and we look forward to helping councils continue to provide exemplary services to their communities."