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After six months of operation, the team has welcomed the arrival of two new members.
Managing director and principal Zorick Toltsan is joined by what he is calling an energising and experienced duo, Dan Taase and Dean Fester, who join the business following two very different career paths.
With 15 years of experience in the commercial real estate sector, Mr Taase specialises in large off-market transactions across all asset classes. He takes up the role of senior sales and leasing executive, pairing his wide skill set with a knack for sourcing properties for his clients and an ability to discover rare opportunities.
On the flip side, Mr Fester joins Ray White DB Commercial as a sales and leasing associate, having previously served in the military as well as working as a technical dive instructor overseas.
Mr Toltsan said the new arrivals were hopefully just the beginning of a period of expansion for the office, explaining that his plan across the next 12 to 18 months is to grow the business to “include five or six staff including sales and leasing agents and support staff”.
“Ongoing recruitment is crucial to the success of any business, and a daily priority,” he said.
The office operates in unison with Ray White Double Bay — which he described as a “fantastic” synergy, sharing that the vision for the outfit was “similar to that of a financial services firm where clients can obtain superannuation, insurance, investment and accounting advice, whereby the client can obtain all their needs under the one roof”.
“This is why it was so important to add the commercial property business to the group, to allow us to cater to all real estate services required by our clients in both commercial and residential sales, leasing and property management,” he said.
Speaking on the buoyant commercial property market, Mr Toltsan detailed that “the uncertainty is derived from rising interest rates, cost of living and construction costs with buyers and tenants sitting on the fence waiting to see how the rest of the year plays out.”
“Lease investments with strong lease covenants such as medical centres, pharmacies and supermarkets are performing well, with plenty of interest and appetite from buyers in the health care, build to rent, and the owner-occupier space,” he said.
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