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Sales up at McGrath as founder reveals plans to double agency numbers

Martin Kelly
Martin KellyReporter

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McGrath real estate founder and executive director John McGrath says the property boom is fuelling record sales figures for the agency network, which has consistently disappointed investors since listing at $2.10 a share in 2015.

Mr McGrath said annual sales numbers will be in excess of 13,000 by June 30, compared with 12,000 last financial year, and narrowly exceeding the previous high set during the 2017 property rush.

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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com

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    Original URL: https://www.afr.com/property/residential/sales-up-at-mcgrath-as-founder-reveals-plans-to-double-agency-numbers-20210426-p57mfn