Real estate · Industry brief

Real estate deal teams face a compliance tax spike across multiple jurisdictions.

Vietnam's draft competition law amendments, published in June, lower M&A notification thresholds and expand "control" definitions to capture PE consortium structures [Quelle: Global Law Experts]. Switzerland's revised Anti-Money Laundering Act, effective October 1, now requires advisors—including brokers and family offices—to verify beneficial ownership on all transactions above CHF 5 million, down from CHF 100,000 [Quelle: Homburger]. Both jurisdictions now impose individual officer liability for breaches.

Smaller advisory shops will consolidate or exit; buyers will demand earlier landlord engagement and formalized lease verification before close.

Microsoft and AWS are remaking Australia's property landscape.

The country now ranks second globally for data centre investment, with over A$155 billion in forward pipeline commitments from the two hyperscalers alone as detailed yesterday. Australia's cloud communications market is forecast to grow from A$2.16 billion in 2024 to A$6.27 billion by 2030, while cybersecurity spending jumps from A$6.2 billion in 2025 to A$7.5 billion in 2026 [Quelle: Morgan Business Sales]. Data centre connectivity assets now command multiples above twenty times EBITDA, with capital pricing in structural demand from digital infrastructure—not cyclical consolidation.

Watch whether Cushman's data center push and similar moves by major brokers translate into acquisition announcements by month-end.