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Knight Frank has bolstered its Victorian industrial team with new hires, gearing up for expected growth in market activity and sector demand.
Knight Frank has expanded its Victorian industrial team, making five new recent appointments to boost its capabilities for the second half of the year.
The new additions bring team numbers to 18 across the state, including department coordinators.
Harley Bowen has joined Knight Frank as director of industrial investments, bringing over a decade of experience to the firm.
His previous roles include positions at LOGOS Property Group and Goodman.
“Harley brings a wealth of knowledge and strong relationships to Knight Frank, which will enable him to provide the best service to the firm’s clients,” Knight Frank said.
Additionally, Rachael Ragusa will be moving into the role of sales and leasing executive, industrial logistics, servicing Melbourne’s western suburbs.
Ragusa previously worked as a department coordinator for Knight Frank’s industrial and logistics business, with the network highlighting her passion for industrial and agency.
The new additions follow the appointment of Chris Bolsin as sales and leasing executive to the Victorian industrial team at the end of last year.
Bolsin, who has 10 years of experience, transferred from CBRE to Knight Frank.
He works alongside Nathan Edgar, also sales and leasing executive, and services Geelong’s industrial market and other regional Victoria areas.
Additionally, Ally Jones has taken over as department coordinator of the Victorian industrial and logistics business after a short period working in Knight Frank’s capital markets.
Finally, Michael Variah joins the Victorian industrial team as an analyst, following his previous role at Property Market Analysis LLP.
With four years’ experience in property, Knight Frank said Variah was “extremely well-versed and knowledgeable”.
“He will be able to assist the growing team with their data collection and analysis to make sure their research and reporting are of the best possible standard,” it said.
Knight Frank’s head of industrial logistics, Victoria, Joel Davy, said the expansion will enable the team to better serve clients coming into the second half of the year.
“We have grown our team to cater for increased market activity in the sector, and to cover a wider geographical area of Victoria in line with demand,” he said.
“While the industrial property market has normalised in recent years following a boom, we are expecting transactional activity to rise in the second half of the year as the wider commercial property market begins its recovery.
“We have significant expertise in our team with recent additions, and we look forward to providing the best service to our valued clients.”
Knight Frank national head of industrial logistics, James Templeton, said the expansion was in line with the firm’s national growth strategy for its industrial platform.
“Industrial property remains one of the most solid sectors in the commercial property market,” he said.
“Industrial assets are among the most sought after among investors, and demand from occupiers will continue to be stable, and potentially pick up as the year progresses, with economic conditions improving.
“Strengthening our team in Victoria will assist in providing our clients with better advice, guidance and service, and we look forward to continuing to grow our teams around Australia,” Templeton concluded.
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