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Peter Macadam | Colliers | Newcastle

Peter Macadam

B.Comm

Director In Charge | Newcastle

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About

Professional Summary

Peter is a strategic negotiator who is persistent and informative, which ensures his clients receive the most comprehensive advice and best possible results in the market.

Over the course of Peter’s 28 years’ in the property industry he has gained invaluable negotiation skills and track record in relation to commercial and retail property, along with mixed use and residential development sites (englobo and high density).  Given his valuation background and understanding of the value drivers associated with all asset classes, coupled with his working knowledge of feasibility studies and Discounted Cash Flows he has also undertaken consultancy assignments for key clients, who rely on his expert opinion and strategic advice.

Peter has been part of Colliers International since 2002, and is deeply connected and can fully leverage all facets of the broader business, being a respected member of the National Senior Leadership Team.

Over his career Peter has gained unrivalled rapport with Local and State Government, private owners,  Listed A-REITS, wholesale funds, development companies and large retail companies/owner occupiers.

Peter manages the largest dedicated commercial, industrial and real estate management team in the Hunter Region.

Accomplishments

Since 2015 Peter has been involved in the most notable commercial and development site transactions in the Hunter Region, with a total transaction value of over $1bn. Notable deals include:

- Fund through sale of 727 Hunter Street to HYG;
- Sale of 6 Stewart Avenue to Charter Hall for $146,000,000;
- Sale of Williamtown Aerospace Centre to AU for $54,885,000;
- Lease of 4,245m² to Coal LSL at 6 Stewart Avenue:
- Sale of 108-118 Mann Street in Gosford for $32,000,000, plus numerous development sites in  Newcastle totalling over $100,000,000. 

Peter has also qualified on a number of occasions for the Colliers International Australian Awards of Excellence, receiving:
- Australian Outstanding Professional Services Award - 2008 & 2012;
- Australian Outstanding Achiever - 2010, 2020 & 2021.

Awarded the Valuations Award of Excellence at the REINSW Valuers Chapter in 2008.

Education

Bachelor of Commerce (Land Economics)

Memberships & Involvements

Committee Member of the Hunter Chapter of the Property Council of Australia

Member on the Hunter Region's Business Attraction Committee

REI NSW

Clients

Anglican Diocese of Newcastle, ATB Morton Pty Limited, BWP Trust, Charter Hall Group, Central Coast Council, Core Project Group, Dexus, Doma Group, GPT, Hunter Land, Hunter and Central Coast Regional Development Corporation (HCCDC), HYG, Lake Macquarie City Council, Newcastle City Council, McCloy Group, Property NSW, Stevens Group, Stronach Property Group, Woolworths Corporate Property (Fabcot Pty Ltd), Fortius Funds Management, Urban Growth NSW.

Testimonials

BELMONT 16FT SAILING CLUB

Our  Club  initially  engaged  Colliers  Newcastle  in  May  2016  to  market  a  5,500sqm property that was previously occupied by the Swansea Bowling Club. It was marketed with  a  variety  of  options  ranging  from  adaptive  reuse  of  an  existing  building  to residential  development  opportunities.  The  outcome  of  this  process  was  an unconditional offer within the initial market appraisal.

 We  also  held  another  10,600  m2   property  in  close  proximity  which  was  in  the process of being rezoned and subdivided. Based on the success of the initial sale we again engaged Colliers Newcastle to market this property in September 2018. This particular  campaign  was  conducted  based  on  tight  time  frame  which  attracted significant market interest. Again we subsequently achieved a sale which was both unconditional and within the initial market appraisal.  

During  this  period  we  received  solid  advice  that  added  value  and  superior negotiation  skills  which  resulted  in  Belmont  16s  maximising  its  return  for  our Members. These outcomes were a direct result of the efforts of Peter Macadam (in conjunction with Peter Dodds) and we thank them for the efforts.  Colliers  Newcastle  would  be  our  preferred  organisation  for  any  of  our  future commercial property needs.  

Scott Williams, CEO.

BELMONT BOWLING CLUB

I first contacted Colliers International in July 2016, with a view to understanding the market depth and importantly the value of our bowling club premises. Being a Stratum subdivision above a shopping centre it was not a straight forward proposition. I was referred to Peter Macadam - Director Special Projects who was able to undertake a detailed appraisal, whilst at the same time raise a number of important considerations and suggestions for my Board.

The initial advice from Peter formed an integral part of our amalgamation proposal.  Peter was always available to discuss his thoughts on the market with us and our respective advisers, and ultimately the Belmont Golf Club, with whom we entered into a Memorandum Of  Understanding in August 2017.

We implemented his recommended marketing strategy, placing the property on the market in September 2017.  Final outcome achieved exceeded our expectations and ensured the long term sustainability of Belmont Bowling Club. His approach was professional and his communication throughout the last 18 months ensured all parties concerned remained fully informed.

I would not hesitate in recommending Peter Macadam from Colliers International to any prospective client at any point in the future.

Trevor Gasson, President. 

ABERDEEN VALLEY FAIR

Peter Macadam sold my commercial property in Aberdeen. I found the Collier’s experience to be very professional. Peter knows the commercial market very well and works very hard for his clients. I strongly recommend Collier’s to anyone or any company needing to sell or buy as you get the best.

Glynis Mitchell ,  Vendor.

WILLIAMTOWN AEROSPACE CENTRE

Thank you for all the work you did in getting the sale of WAC over the line.  We would also like to thank all the Colliers staff, who work behind the sceneand make the process look seamless from where we sit. If you could pass on our thanks to them it would be greatly appreciated.

Private Vendor

140 COWLISHAW STREET, REDHEAD

In wishing to find an agent to sell our land in Newcastle area we consulted with expert help because of the complexity involved. They recommended the top two Newcastle firms and I interviewed both. I chose Peter Macadam from Colliers because of his obvious expert knowledge of the area and his overall approach to achieving the highest possible price. I chose wisely. 
Peter handled the complexity of the selling excellently. Peter’s advice led to major earthworks being conducted by ourselves to enhance the building area and prepare the site for sale. During the sale process Peter had to not only introduce prospective buyers to the advantages of building a home on the DA area but also to appreciate the benefits of looking after the BioBank. Extensive site visits by buyers to the very large property were conducted by Peter. 
We are extremely happy with the sale Peter negotiated and we highly recommend him to potential clients. 

Jerry Lees, Private Vendor

Services

Skills

Business Space Lease Advisory, Consultancy Services, Development Sites, Financial Analysis, Residential Development Sales, Site Sales, Receivership, Auctions, Golf Courses, Investment Properties, Land Sales, Retirement Living, Retail Investment Services

Service Lines

Investment Services, Office Leasing, Retail Investment Services, Strategic Advisory

Property Type

Land, Retail, Office

Specializations

Clubs & Courses Practice Groups, State Government Practice Group

My Team

Featured News

4 Jun 2020

Newcastle Strata Update June 2020

Since 2015, in the Newcastle CBD there has been approximately $20,000,000 in commercial strata stock transacted per annum having an average sale price of $985,000, with 2019 and 2020 YTD sales indicating an increased average sale price of $1,100,000.
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