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Exciting times ahead for the Perth CBD

Perth Event Hero

Colliers makes its mark on the WA market with outlook industry event

Colliers recently hosted a WA Market Outlook event attended by over 100 prominent industry players from Perron Group, Charter Hall, Primewest, Hawaiian, Hesperia, Urbis, Stockland, Woolworths, City of Perth and Perth Airport at Quay Hotel overlooking Elizabeth Quay.

Basil Zempilas, Lord Mayor of Perth, officially welcomed guests with an brief overview of the development pipeline for Perth CBD, particularly the exciting revitalisation of the waterfront precinct at Elizabeth Quay.

He referenced the five new towers due for completion in the next three to five years, which will add 10,000 visitors a day to the corridor. He also pointed out the mere 750m proximity the precinct will have to Hay Street Mall, Murry Street Mall, Yagan Square and the new landmark  Edith Cowan University campus, set to move into the heart of the CBD.

The Colliers Australian Executive Team, including Australian Chief Executive Officer, Malcom Tyson, travelled to WA to join the local Perth team for this event.

The event featured a short panel discussion by Colliers experts Lachlan MacGillivray, Managing Director of Retail Capital Markets, Asia Pacific;  Jemma Hutchinson, National Director, Office Leasing; Lisa Hinde, Head of Sustainability and Gavin Bishop, Managing Director, Industrial and was facilitated by Richard Cash, State Chief Executive | WA. This discussion reinforced the attractiveness of the WA market amongst both local and international investors across asset classes, the positive outlook for the office leasing market as well as the diversification of tenants within this sector.

"We have seen the sharpest decline in vacancy in 10 years, The positive net absorption in West Perth is an outstanding performer and will only get better. Mooted developments are on the rise with a number of projects closer to fruition, as demand soars across the CBD for good quality office space. What we are finally seeing is diversification in tenant demand across Perth, you now have tech mining services coming into play as we move more toward automation, we also have renewables dominating the demand as rare earth minerals ramp up here in WA’’ Its not only your professional services expanding there are new entrants in the game now” said National Director for Office Leasing, Jemma Hutchinson

The event followed Colliers' move into a larger workplace at 200 St Georges Terrace the week prior, due to the rapid growth of the business.

State Chief Executive for WA, Richard Cash said “we have been pleased with the amount of high-quality talent that has expressed interest to join Colliers owned operation in Perth. Over the next few months, we will continue to expand our service offering to the WA market and make further high-calibre appointments from industry professionals in WA. Our new location provides us with an elevated platform to support our continued growth and ensure we continue to maximise the potential of the business to accelerate the success of our clients.


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Malcom Tyson

Chief Executive Officer | Australia

Sydney

Malcom is the Chief Executive Officer for Colliers in Australia, delivering on our business plan and driving our enterprising culture. Our company is underpinned by a clear set of values, designed to maximise the potential of property to accelerate the success of our clients and our people.  

Over his 28-year career with Colliers, Malcom has had the opportunity to build and grow a number of successful teams. Prior to his current role, he led the NSW business along with the national Industrial business for 15 years. In 2005, Malcom joined the National Executive where the leadership group has steered our business to achieve incredible growth and reinforced our market-leading culture. Our business stability and continuity continue to attract market leaders, empowering them to think and act differently to drive exceptional results.  

Colliers has an enterprising culture which underpins our strategy for success. The business has won multiple accolades as a Best Employer and best in class in many service arenas. We appreciate the loyalty of our people and our clients and we thrive on collaborating to create enterprising solutions that exceed expectations. 

Within Australia, Malcom has had the benefit of working with a highly regarded leadership team, including John Marasco and Simon Hunt, who are focussed on maximising the potential of property for our clients, through delivering enterprising solutions as we work through the market conditions of 2021. By keeping aligned to our values of being enterprising to exceed expectations and collaborating to drive exceptional results, Colliers are well positioned in 2021 to maximise the potential of property and to be a part of leading our industry into the future, not only in Australia but right across the Asia Pacific region. 

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Richard Cash

State Chief Executive | Western Australia

Perth

Richard joined Colliers in 2022 as State Chief Executive of our WA business. 

Richard has over 20 years’ experience in the Perth property market having held leadership positions in several major agencies and corporates. He is highly respected across the industry and leads our Western Australian team to maximise local opportunities across the national and Asia-Pacific landscape.

As State Chief Executive Richard is responsible for driving the growth of our Western Australian business across all service lines and asset classes. He is also a member of the Australian Executive Leadership Team responsible for the overall strategy and growth of the Australian business.

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Jemma Hutchinson

National Director | Office Leasing

Perth

Jemma joined Colliers in 2022 with over 10 years of commercial leasing experience. Jemma relocated to Perth in 2017 from Melbourne, where she was recruited to build and create an internal leasing business at Primewest and bring Office Leasing in house, after building a strong reputation in office leasing.  

In 2019, Jemma was promoted to National Leasing Manager, following her transacting over 60,000sqm nationally of office leasing deals on behalf of Primewest and their institutional, corporate and private clients.

Jemma strives to exceed all client expectations and ensures she is always providing the highest level of client and customer service. She has a detailed knowledge of the leasing market which has resulted in many successful outcomes for her clients.

Jemma has been involved in successful leasing campaigns at One William Street and Exchange Tower on behalf of GIC (40,000sqm) and now 140 St Georges Terrace (29,000sqm) on behalf of Primewest/Blackrock.

Jemma is a major transaction and pre-commitment specialist in Perth having been involved in an array of large-scale building refurbishments and developments. Jemma concluded a deal with the Federal Government Services Australia to build their new office HQ of 4,500sqm down in Bunbury.

Jemma has led major appointments across the Perth CBD and WA including, Exchange Tower, One William, 140 St Georges Tce, Australia Place and 111 St Georges Tce along with three pre-commitment development opportunities.

Jemma was awarded the PCA WA Office Agent of the year in 2019.

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Lisa Hinde

National Director, Head of Sustainability

Sydney

Lisa is Head of Sustainability at Colliers for the Real Estate Management Services (REMS) team and her key focus is developing long term sustainability, health and wellbeing strategies to support her colleagues and Clients' ambitions.

This involves integrated planning and management of new and existing asset performance using industry best practice. She builds strategies by drawing on her extensive experience with sustainability, health and wellbeing tools such as Green Star, the WELL Building standard, Climate Active (net zero / carbon neutral) and Circular Economy principles. Her work is globally recognised as enabling scalable solutions to complex challenges in the built environment.

As well as leading the REMS sustainability team for Australia, Lisa supports Colliers Global ESG committee through her role on the steering committee for Asia Pacific and leading the Environmental pillar regionally.  This role supports Colliers long term strategy to develop and execute a robust ESG program including committments to Science Based Targets Initiative and achieving net zero status by 2030.   

As a natural collaborator, she has a keen interest in developing practical strategies to assist with a streamlined application of sustainability initiatives, translating executive goals into hands on implementation.

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Gavin Bishop

Managing Director | Industrial

Sydney

Gavin is the Managing Director of Industrial & Head of Industrial Capital Markets Australia at Colliers, where he has been specialising in industrial property for 21+ years. Based in the Sydney CBD Head Office, Gavin manages a highly successful team of over 120 staff across every state & territory nationally in key industrial and logistics precincts.

Gavin specialises in the national industrial capital markets and has excellent relationships across a broad spectrum of institutional, international and private investors. Over Gavin’s time with Colliers, he has completed hundreds of deals in industrial property, settling over $14 billion in his career to date, and leasing over 400,000sqm. Gavin enjoys a 75% market share of industrial capital markets share in NSW.

Gavin has worked extensively in the sale of industrial portfolios of up to 30 assets in one portfolio. Gavin and his team have sold 24/34 of all industrial portfolios in Australia over the last five years, including the AMP Portfolio ($105m), J.P. Morgan Portfolio ($250m), Altis Portfolio ($342.5m), Qantas Portfolio ($802m) and GIC/Australand Portfolio ($1.073b).

Some major distribution centre sales that Gavin and his team have been involved in over the last two years include, the Calibre, Eastern Creek ($130.1 million), 1 Eucalyptus Place, Eastern Creek ($90.5 million), 3 Roberts Road, Eastern Creek ($253 millions) and 6-20 Clunies Ross Street, Greystanes ($76.6 million)

Gavin has focused on building deep relationships with his clients, providing the latest in-depth information about logistics markets across Australia, which in line with his extensive track record, has seen Gavin achieve record-breaking results for his clients.

Gavin is a long-standing member of the Colliers team, having joined in 2000 as a graduate valuer. Gavin commenced with Colliers as part of their Scholarship Program and he was fortunate to work across multiple service lines and locations across Sydney, before settling in the Industrial team in Sydney South in 2001. Over the last 20 years, Gavin has progressed through the industrial business including managing the Sydney South and Sydney South West offices, before moving into the NSW State Product Director for Industrial in 2010.

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