Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Network restructure to reap results

By Staff Reporter
17 November 2014 | 1 minute read

A multi-award winning property group has announced a major overhaul of its corporate structure as it looks to consolidate its position amongst the most esteemed real estate companies in Australia.

Advertisement
Advertisement

Western Australia’s Realmark will restructure its business with the appointment of a chief operating officer and the creation of a board of directors.

Realmark is expected to announce its new COO in the coming weeks.

The COO’s role will be to liaise with the managing director, while overseeing the operation of each business unit and bringing additional strategic direction, leadership and further innovation, Realmark said.

Other changes include the formation of an advisory board of directors, which will oversee the group’s future direction.

According to managing director John Percudani, who established Realmark with wife Anita in 1989, the changes to the group’s corporate governance mirrored its new standing as a major, multifaceted, corporate business.

“When Realmark was founded 25 years ago we specialised purely in commercial and project real estate,” he said.

“Today, the group has diversified into commercial and residential sales and leasing, property management, strata management, financing and marketing.

“In our 25th year we identified the challenge of bringing the group’s corporate structure in line with where we, as a proud WA company, believe we stand in the wider business community.

“We’re very proud of what Realmark and our staff have achieved over the years and genuinely believe we’ve earned the right to stand alongside the most respected property groups in Australia,” he added.

Network restructure to reap results
Network
lawyersweekly logo

Tags:

ABOUT THE AUTHOR


Listen to other installment of the Real Estate Business Podcast

 

Do you have an industry update?

top suburbs

12 month growth
Travancore
49.78%
Timboon
49.57%
Dolphin Point
49.51%
Nyah West
49.42%
Preston Beach
49.29%
Newington
48.97%
Killcare Heights
48.89%
Wundowie
48.77%
Homebush
48.44%
Glenside
48.28%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.