This discussion will delve into the commercial real estate (CRE) sector, revealing both hidden opportunities and critical risks. Cosimo Borrelli, Managing Director at Kroll Hong Kong, will analyse the volatile CRE markets of China and Hong Kong. Drawing on his extensive experience in transforming distressed assets, he will offer insights into how these dynamics might influence the investment environment in Australia. Stephen Allan, Managing Director at BlackRock Private Credit, and Ben Coughlin, Managing Director, Real Estate at Oaktree Capital Management, L.P., will examine the latest trends in the Australian CRE market. They will address aspects such as market valuations, transaction structures, and innovative risk management strategies, as well as explore emerging asset classes like data centres and other high-growth investment opportunities.