Colliers International is pleased to announce the appointment of Peter Seeto, in the position of Director, Sydney CBD Fringe Sales, Investment Services.
As a senior operative and committee member of the Property Council of Australia, Peter has over 18 years’ of experience in commercial property sales and leasing, with a strong focus on retail assets including mixed-use developments and premium grade investment properties.
According to Matthew Meynell, Head of Investment Services | Australia for Colliers International, Peter’s international retail experience will add a new skillset to the metro team to better service its clients and continue the company’s growth strategy for the best people in their field.
“Peter brings significant long term relationships and experience working on behalf of national and international occupiers and investors, which will further strengthen and grow our national metropolitan investment’s team” he said.
According to Peter Seeto, “The Sydney City Fringe Investment market continues to accelerate new offshore interest and superannuation money which has only been fuelled by the recent rate cut.
“We expect greater yield compression from long term strategies, indicating there has never been a better time to sell.”
Peter’s recent transactions include:
- 1603 Botany Road, Botany: $1,615,000
- 724 Pittwater Road, Brookvale: $3,600,000
- Shop B1 7-9 Hunter Street, Sydney: $2,200,000
- 140 Cleveland Street, Chippendale: $12,500,000