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LAWD nabs ex-CBRE exec for CEO

By Grace Ormsby
28 July 2022 | 6 minute read
enda foley lawd reb

As it gears up for further growth, the expanding firm has revealed that Enda Foley will be taking the reins.

Set to join the business in mid-August, LAWD senior director Tim McKinnon has lauded Mr Foley’s “outstanding track record of leadership”.

“Enda has an exceptional background in the real estate industry and will bring key expertise and experience to support LAWD as it takes its next step as a best-in-class professional property firm for our clients and our team,” Mr McKinnon shared.

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“He also has a demonstrated ability to successfully develop and grow newly formed service lines within a wider organisation which, as we seek to expand the LAWD offering, will be instrumental to our growth and the spectrum of services we deliver.”

Touting 14 years at CBRE in a variety of senior finance and operational positions, Mr Foley most recently held the role of global chief financial officer for the global workplace solutions division.

Also weighing in on Mr Foley’s alignment with the business was LAWD senior director, development transactions and advisory, Peter Sagar, who said the chief executive appointment, plus a rapidly growing team and expanding geographic presence, means the firm is “ideally placed” to serve Australia’s property sectors.

“From day one, our focus has been on delivering the best results for our clients by merging our many years of collective experience with an innovative approach to how we do business, leveraging the broad skillset we have spread across offices in Brisbane, Sydney, Melbourne and Perth,” he continued.

To date, LAWD has overseen more than $3 billion in transactions — and has also completed the valuation of more than $10 billion worth of Australian property.

According to the group, stand-out transactions have included the sale of the Corinella Group Portfolio (50 cropping properties in western Victoria and south-eastern South Australia), the sale of Macquarie Agriculture’s 100,000-hectare Lawson Grains, the transaction of historic Riverina district holding Tubbo Station, as well as the sales of outer south-east Melbourne’s Clyde Town Centre, and major Melbourne development site Portfolio, on behalf of the Catholic Archdiocese of Melbourne.

ABOUT THE AUTHOR


Grace Ormsby

Grace Ormsby

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.

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