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Agency with global ties invests big in NSW market

By Staff Reporter
23 July 2019 | 4 minute read
NSW Sydney harbor reb

PRD, the wholly owned real estate brand of Colliers International, has added four new offices in NSW so far in 2019, and is gunning for growth based on key market indicators.

In the last six months, PRD has launched new offices in NSW including in Tuggerah, Morisset, Macquarie Park and Lismore.

There are also another three new offices in the pipeline, which chairman and managing director Tony Brasier puts down to “market changes”.

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“[These] are forcing principals of real estate offices to look at what options are out there to grow their business potential,” he said.

How has growth happened?

PRD has leveraged the resources available through its United Real Estate Group connections in the US.

“Colliers International has invested considerable capital in building our infrastructure in the past three years, resulting in a robust franchise platform with the capacity to grow further,” Mr Brasier said.

While it looks like the agency could get close to double digits in new offices by the end of the year, for Mr Brasier, it’s not a numbers game.

“The quality of the business rather than just the sheer number of offices is one of our main advantages.”

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