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Barry Plant grows market share through strong rent roll

22 May 2013 Reporter

Barry Plant Rowville office is now supporting a 900-strong rent roll after acquiring rival company Chris Bell Real Estate.

Principal Brenton Wilson, who has been with the Barry Plant Rowville office since it opened its doors 19 years ago, said the business had been around for 20 years.

"The recently acquired office was the second real estate agency to set up in Rowville and we were the third.

"The first one is no longer around, so that now makes Barry Plant the longest standing,” he said.

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The strategic acquisition, which included employment of five Chris Bell Real Estate staff members, plus a substantial rent roll, has boosted Barry Plant Rowville's business position to a substantial 35 to 42 per cent market share in the local real estate industry.

"We now have 36 staff members, which makes us the largest local employer in the industry, and I believe there is still room for more growth and more staff if we can secure the right people," Mr Wilson said.

"Our rent roll now sits at just under 900 properties, which makes us one of the largest residential property managers in the City of Knox. We have a sizeable pool of potential tenants that we are in touch with on a weekly basis and we are able to provide our landlords with the best quality candidates."

Barry Plant Rowville is one of the Barry Plant network's most successful offices. It has been named 'Number One' out of the 80-plus office group in 10 out of the last 18 years.

Barry Plant grows market share through strong rent roll
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