Commercial Confidential: All Brisbane property sales and leasing deals, gossip and job movements
It’s sitting on 500ha of prime city land that’s still ripe for development, and the new man in charge of Brisbane Airport Corporation’s property development business says he has big plans – including more expansions for a booming retail precinct nearby.
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SCOTT Douglas will join Brisbane Airport Corporation next month as its new executive general manager, property.
Douglas was previously Investment general manager at QIC Global Real Estate.
and will replace John Tormey.
BAC chief executive Gert-Jan De Graaff said that with 25 years’ experience in the property industry across asset management, development management and funds management, Douglas was ideally placed to take the reins of one of Queensland’s most exciting property businesses.
“With 500ha of developable land located at the cross-roads of some of Queensland’s most important arterial roads, and just minutes from the CBD, Brisbane Airport is a strategic development site for a vast array of businesses,” he said.
“Scott will also lead a number of BAC projects including the expansion of the retail and
office precinct at Skygate and BNE Auto Mall, which are two substantial projects currently
underway on site.”
Douglas was at QIC for 16 years and was with Westfield for a number of years.
He has been a Queensland Divisional Council Member of the Property Council since 2014 and was a board member of the Property Industry Foundation.
K2 Private Property expand into industrial
TWO of Brisbane’s most experienced industrial agents have left one of Australia’s leading agencies to launch a new division in an evolving property group.
With over 45 years experience selling and leasing sheds Graham Norris and Dan Costello have joined K2 Private Property to launch an industrial division focused on the sale and leasing of medium to large scale properties across Queensland market.
Commercial Confidential: All the latest property gossip, leasing and sales news in Brisbane
Commercial Confidential: All the Brisbane property, leasing and sales news and gossip
Commercial Confidential: All Brisbane property news, gossip and deals
Norris says the new role will allow him to add real value to the already existing family orientated business of Keystone Private.
“The group offers wealth creation and management services through a team of over 40 financial and property professionals. Adding an industrial platform to the business allows us to offer a full compliment of services to our valued clients,” he says.
Norris says he and Costello recently left Ray White Commercial after an internal restructure there saw that business heading in a direction that: “Wasn’t quite in line with our experience and aspirations.”
K2 Private Property boss Stuart Moody says the industrial division was a natural evolution of the property business established with David Jackson of Keystone Private.
“For owners, developers and tenants this makes perfect sense,” he said.
“We now provide the full spectrum from site identification, acquisition or disposals of single assets or portfolios, leasing, value-added transactions and advisory.
NightQuarter’s new venue
IAN Van der Woude and Michelle Christoe, who were behind the street food and entertainment night market, NightQuarter Gold Coast, have secured a deal with Stockland to develop a venue on a site adjacent the Birtinya Shopping Centre on the Sunshine Coast.
Due to open in late 2019, NightQuarter Sunshine Coast will be open every Friday and Saturday showcasing over 40 specialty food purveyors with a range of street food offerings, family entertainment, cultural events and regular high-profile music shows.
The Sunshine Coast site will have live music with a capacity of 1500, and the markets will be constructed from the well-known upcycled shipping containers.
Their venture at Helensvale on the Gold Coast was forced to close down.
World design award
A QUEENSLAND technology company which has developed a remote-controlled load management system to improve safety in crane operations on construction sites and other workplaces has been honoured with an international design award.
Verton Australia, based at Milton, won the engineering category at the 61st annual Good Design Awards for its R-Series, a load management system which eliminates the need for human held taglines to control suspended loads.
The system is available in various models and is able to handle loads of up to 20 tonnes.
Verton chief executive Trevor Bourne says the Good Design Award caps off a massive year so far for Verton and the R-Series, which is attracting worldwide interest from transport, construction, renewable energy and mining companies around the globe.
“This award is a tribute to the vision of Verton’s founder and the R-Series inventor, Chief Technology Officer Stanley Thomson, and all of our hardworking management and staff,” he says.
“The R-Series is manufactured in Brisbane and we would particularly like to thank the Queensland Government’s Business Development Fund (BDF) for their support.”
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McGees’ changing of the guard
After more than three decades with McGees Property Group Justin Clarke has resigned from the company as two other major commercial agencies in Brisbane announced changes at the top.