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The institute has announced a three-year partnership with a New Zealand-based commercial property management software company as it aims to up its engagement with the sector.
REIA will be working with cloud-based commercial property management software provider Re-Leased as it embarks on “elevating the voice of Australia’s commercial real estate practices”.
Re-Leased reportedly already works with commercial property managers and investors to take care of more than 40,000 properties and 70,000 leases Australia-wide.
Real Estate Institute of Australia (REIA) president Hayden Groves has expressed hope that the collaboration would boost the institute’s work in the commercial property space: “Our partnership with Re-Leased will power the new REIA commercial agency engagement program across all tiers of Australia’s commercial agency network to give this important sector the voice and support it deserves.
“REIA’s commercial engagement program will consult with leading commercial practitioners and agencies Australia-wide through research, 1:1 engagement, digital forums and a series of in-person events.”
Additionally, the partnership will also see Re-Leased become “the major sponsor of the REIA commercial property manager of the year award for REIA’s national awards for excellence in both 2023 and 2024”.
Speaking on the partnership agreement, Re-Leased founder and chief executive Tom Wallace said that the company “is very excited to partner with REIA. We are passionate advocates for the commercial property industry and we want to support the important work REIA do to assist the real estate industry”.
“This partnership allows Re-Leased to help ensure that there is a voice for the commercial property industry represented in policy discussions which affect the property industry in Australia.
“This allows us to back the great work the state bodies are doing to support industry excellence in standards and training for the commercial property industry,” he concluded.
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