PROFESSIONAL services firm Deloitte has bolstered its multidisciplinary property practice by luring over the team from Brisbane based property specialists Capland Real Estate Advisors.
“Real estate matters to every client whether they are in the public or private sector. It is typically the third largest cost for occupiers, a critical asset class for investors and developers and it underpins a significant element of bank lending,” Deloitte financial advisory services leader Ian Thatcher said.
“We are also seeing increasing demand for these services from our many Deloitte Private clients with extensive property holdings. This is being driven by a world where shifting industry trends, regulatory or technological developments and changes to consumer behaviour, are impacting investment decisions and the way businesses use their physical space,” he added.
“As a result our clients are increasingly looking for valuable advice. The arrival of Damian Winterburn and his team will reinforce Deloitte’s ability to provide a relevant response and high level service.
“After successfully working closely with Capland and its founder Damian Winterburn for a number of years, we have now agreed to formalise the relationship and bring his talented and respected team into the firm. This allows us to provide full real estate services to our clients at every stage in the property cycle, including; Strategy, Consulting, Project Management, Transaction Management as well as Tenant Representation.” Thatcher continued.
Winterburn will join Deloitte as a partner and will lead the national real estate advisory practice.
Deloitte partner and national leader of its real estate industry Group Ian Breedon said Winterburn and his team of 20 property specialists will bring together traditional property services.
“There is considerable interest in Australia from some of the largest property investors in the world, with our market being seen as still offering good value. At the same time we are supporting a number of Australian companies and investors going offshore, with the increasing globalisation of their property portfolio demanding experienced cross border advisory services.” Breedon said.
“Our team over the last few years has been increasing the scale of properties and projects it has been advising on, as well as broadening the range of public and private clients that are both domestic and offshore,” Winterburn said. “Having worked with Deloitte for a number of years it was obvious that they were the right organisation to expand with.”
Property Review
