Fairfax has announced that The Australian Financial Review will join the Sydney Morning Herald (SMH) to promote the Sydney-based Commercial Real Estate (CRE) Auction Centre.
“We are looking forward to continuing to bring all of Fairfax’s commercial real estate assets together including newspapers, online and the Auction Centre to provide enhanced opportunities for our clients,” said Nic Cola, CEO of Fairfax Marketplaces.
Fairfax said the Auction Centre, which was first launched by the SMH early last year, had 263 commercial properties listed for auction in 2011.
“The Auction Centre’s first year of operation was highly successful,” Mr Cola said.
“The partnership that has been formed with the Financial Review will help this centre gain an even greater presence within the commercial real estate industry.
“This year we want to position the Auction Centre as the place in Sydney to conduct commercial real estate transactions.”