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Hot Property: The biggest property headlines from the week 25-29 January
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Here’s the weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 29 January.
Welcome to The Adviser’s weekly round-up of the headline stories and news that’s important not only for the real estate sector, but also for the state of property in Australia more broadly.
To compile this list, not only do we consider the week’s most-read stories and the news that matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
‘Skin in the game’: Network members buy business 22 January 2021
A New South Wales franchise network has been purchased by a group of its members, with a number of high-profile corporate representatives and agency principals now named as owners.
Team members working within and under the Laing+Simmons Corporation have agreed to purchase the company from its current owner, Dexar Group, for an undisclosed sum.
The New South Wales-based boutique real estate franchise’s managing director, Leanne Pilkington, and long-serving principals D’Leanne Lewis, Ray Fayad and Nicholas Efrossynis are among the 15-strong shareholders of the new business’s ownership structure.