COLLIERS International's residential arm PRDnationwide has bought a stake in one of Victoria's biggest regional realtors, Jens Gaunt.
The announcement comes at a time when most real estate firms are suffering from the country’s softer property conditions.
“This is a significant event in the businesses history,” said PRDnationwide managing director Grant Dearlove. “It’s always been a part of our strategy to grow the business into regions where our brand does not exist,”
“We will now have eight offices in Victoria from which to grow,” he added.
The branches, which will be rebranded PRD Jens Gaunt, include Ballarat, Bendigo, Buninyong, Kyneton, Melton, Werribee and Warrnambool.
Australian Property Journal
