Property veteran John McGrath will take over running the eponymous real estate agency he founded more than three decades ago before floating in 2015, returning to the top job just as the housing market teeters on the edge of a downturn.
Mr McGrath holds the largest stake – at 22.25 per cent – in McGrath Ltd, the company he founded in 1988 and whose east coast footprint extends to 107 agencies.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
