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It’s time for a “big shift”, with the Real Estate Institute of South Australia (REISA) announcing a new chair, new CEO and new board to move forward with a new strategic plan.
According to a statement from the REISA which detailed the changes, the new strategic plan “shifts the focus to deliver a strong member-first organisation with innovation at the heart of its strategic direction”.
Helming the new-look organisation is newly appointed chair Fairlie Delbridge.
Ms Delbridge is a board member of Junction as well as the City of Adelaide’s New Economic Development Board.
She has explained that the changes in the governance structure and the majority independence of the board “now allow us to approach the challenges we face with a fresh and balanced perspective”.
“We knew that we had to embrace a new direction and take back our rightful place at the head of the table in real estate industry discussions,” she explained.
Ms Delbridge added that the REISA “needed a bold and innovative CEO to lead that charge”.
As a result, the institute headhunted Barry Money, who now steps into the “important role” and brings with him significant experience in innovation across multiple industry sectors.
He said: “[The] REISA’s exciting new chapter will be based on the platform of data, innovation and technology.”
Alongside the appointments, the REISA has also revealed a new collaboration with the University of Adelaide and the Australian Institute of Machine Learning.
Mr Money explained that those partnerships, combined with the strength of a 2,000-plus membership base, will see the REISA “deliver a strong voice to government and key stakeholders in media and across the spectrum of the property industry”.
The new-look REISA was revealed at a function held at Adelaide’s Lot Fourteen, and counted the South Australian Premier Steven Marshall among the guests in attendance.
The Premier said: “We welcome the REISA’s strong alignment to the technology and innovation boom happening in South Australia.
“[The] REISA will lead and credibly represent the real estate industry, which is critical to our state.”
The REISA indicated it will spend the next 12 months concentrating on collaboration in the data and technology space and the services and tools it provides to members.
It will also extend its work around government advocacy as well as look to build on partnership opportunities within the industry and externally through supply-chain initiatives.
ABOUT THE AUTHOR
Grace Ormsby
Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.
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