Leading global Real Estate Services company Colliers International, has been appointed by South Australia's leading property developer Urban Construct, to provide investment sales services, as the company seeks to establish a stronger presence within the South East Queensland property market.

Urban Construct is South Australia's largest and most prolific development company with over $6 billion worth of visionary projects in various stages of planning and construction. 

The company is behind South Australia's three most State significant developments, including:

• the completed $600 million Holdfast Shores redevelopment of the cosmopolitan Glenelg foreshore,
• the $900 million The Precinct, Adelaide CBD's largest, mixed use redevelopment,
• and the multi-award winning $2 billion Newport Quays redevelopment of over 50 hectares of waterfront land. 

Over the last decade, the company has delivered over 3,500 dwellings and 100,000sqm of commercial space, representing $2 billion. 

James Taylor, Executive of Investment Sales from the Colliers International on the Gold Coast, will work closely with Todd Brown, CEO of Urban Construct, to identify development opportunities to build the company's local presence.

Mr Taylor said the company is very excited to be part of the expansion of Urban Construct, which is actively seeking joint venture partnerships with land owners in South East Queensland.

"We are partnering with the company, which is well known as South Australia's largest, leading developer with a strong reputation for delivering visionary, outstanding medium to high density communities, hotels, commercial and retail, to help drive its success locally," he said.

"Urban Construct offers land owners and developers a turnkey solution to unlocking the capital value of their development sites.  The company has significant debt-raising experience, to-date having raised in excess of $1.5 billion, and is well regarded by Government and peers for pushing the boundaries when it comes to highly successful sales and marketing strategies and project management."

"Colliers International is looking forward to building a long-term relationship with the company."

Urban Construct CEO, Todd Brown, said the company has been analysing opportunities in South East Queensland for some time, having identified this growing market as part of a low risk expansion strategy, particularly given South East Queensland is currently the most dynamic market in Australia. 

"The Board of Urban Construct has made a long term commitment to being a major force in the development scene in Queensland and will look to secure short, medium and long term development opportunities across a variety of asset classes."

Mr Taylor said the company will no doubt bring a fresh and exciting look to the Gold Coast and drive a new level of recognition for the region, on both a national and international scale.

"Colliers International will be a single point of contact for the company to help them meet their development vision, expansion strategy and identify opportunities which fit within their specific business model," he said.

"We have a broad range of expertise spanning investment sales, retail sales and leasing, land and project marketing and well established and talented research division that will help Urban Construct tap into the current market trends, expectations and possibilities both on the Gold Coast and in Brisbane."

Urban Construct's first foray into the Queensland property market is the recently announced $250 million mixed- use Harbour site within Nifsan's $1 billion Emerald Lakes master planned community.

Urban Construct and its developments are multi-award winning, including recently winning the National Property Council of Australia 2009 award for Australia's Best Residential Development, Place on Brougham. 

For further information please contact:

Susan Epp
Communications Manager | Queensland
Tel: +61 7 3026 3322
Mob: +61 434 573 026
Email: susan.epp@colliers.com