RAY WHITE COMMERCIAL CAPITAL
BY CASSANDRA GLOVER
TRANSACTIONS EXPANDS BUSINESS
INTO NEW MARKET
BY CASSANDRA GLOVER
The launch of Ray White Commercial Capital Transactions represents a significant step forward for the commercial real estate ambitions of Australasia ’ s largest property group .
In partnership with the White family , Ray White Commercial Capital Transactions is headed by successful and experienced commercial agent , Ian Hetherington , and supported by a talented team of real estate professionals .
Based in Sydney , the business will focus on the east coast office markets including Sydney , Brisbane and Melbourne . Working in commercial real estate since 1988 , Sydney-based Ian brings to Ray White Commercial a track record of success and extensive relationships in the most significant commercial market in Australia . Some of Ian ’ s notable deals include the sale of 80 Collins Street , Melbourne , which sold for circa $ 1.5 billion , and 1 Bligh Street , Sydney , which sold for circa $ 400 million .
Ian is joined by team members Ursula Hunt and David Cunningham .
Ursula joins Ray White Commercial Capital Transactions as a qualified lawyer who has been working at AMP in the capital transactions team . She has worked on some of Australia ’ s biggest acquisitions and disposals across a range of assets , including the sale of a 50 per cent stake in Sydney ’ s Macquarie Centre .
David joins the team after working as a senior analyst at one of Australia ’ s leading office fund managers , Investa , for the past five years .
Ian said he was excited for his team to hit the ground running in the first 12 months .
“ We ’ ve seen a number of cycles throughout our careers and we ’ ve built up long-term relationships ,” he said .
“ We want to provide a high level of service , strong results , and maintain trusted advisor status for our long-term clients .”
Ray White managing director Dan White said he was looking forward to strengthening the commercial business with the extensive knowledge of Ian and his highly dedicated team .
“ To have such a successful and skilled team join us , with a complete focus on providing value in the sales process to long-standing clients , is a very exciting opportunity for the entire group ,” he said .
Ray White Commercial head of agency operations , Andrew Freeman , said the team at Ray White Commercial Capital Transactions were a wonderful addition to the business .
“ Over his lengthy career in the commercial markets , Ian has built an outstanding reputation for strong results ,” he said .
“ His proven track record is why clients continue to work with Ian through these significant transactions .
“ Ian and his team joining Ray White Commercial will connect a lot of our business units across the east coast , and we ’ re excited to bring their expertise into our business .”
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