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Asian investor demand drives group's expansion

22 April 2015 Staff Reporter

Queensland real estate network Coronis has launched an international arm to capitalise on Asia’s increasing interest in the Australian property market.

Queensland real estate network Coronis has launched an international arm to capitalise on Asia’s increasing interest in the Australian property market.

Coronis managing director Andrew Coronis said the group has received hundreds of enquiries from overseas clients and has started running Chinese- and English-speaking seminars to cater for the demand.

“Australia has become an attractive option for property investors thanks to our low interest rates and attractive exchange rate,” Mr Coronis said.

“People are looking for quality, affordable properties to invest in and their eyes are now moving north from Sydney and Melbourne, to Queensland.”

Mr Coronis said the language and understanding of the customer base is essential.

“A large majority of Coronis International customers comes from mainland China, but they are also from Hong Kong, Taiwan, Singapore,” he said.

“We are also working with expats living in Australia.”

Coronis International is headed by Terry Zheng and backed by a team of bilingual property specialists.

“Terry has strong business acumen, is entrepreneurial and passionate about helping people achieve their property dream,” Mr Coronis said.

“Under his lead, we predict our international division could rival the turnover of our Australian sales division in five years.”

Coronis is a wholly owned property services business with 20 offices and 270 staff.

Asian investor demand drives group's expansion
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