McGrath Estate Agents

McGrath Estate Agents is an Australian residential real estate provider.[6][7][8][9] Services include residential property sales, property management, mortgage broking, auctions and real estate training.[4] McGrath Limited is a public company listed on the Australian Securities Exchange (ASX).[1][6][7][9][8]

McGrath Estate Agents
TypePublic[1]
ASX: MEA[1] Listed 7 December 2015[2]
IndustryReal estate[2]
Founded1988 in Paddington,[3] New South Wales, Australia
FounderJohn McGrath[3]
HeadquartersPyrmont, New South Wales, Australia[2]
Number of locations
108[3][4] (2022)
Area served
New South Wales, Queensland, Victoria,Australian Capital Territory and Tasmania[3][4]
Key people
Peter Lewis, Chair
John McGrath, CEO and MD[5]
RevenueA$122,400,000 (2020)[4]
Websitewww.mcgrath.com.au

History

McGrath was founded in 1988 by John McGrath.[3][7][10] In the mid-1980s John McGrath started his career at Goodhope Realty in Paddington, which became McGrath Goodhope in 1988.[3][11] On 7 December 2015 McGrath became a public company and was listed on the ASX.[1][2] In 2022, McGrath had 108 offices with 73 in New South Wales, 18 in Queensland, 15 in Victoria, 1 in the Australian Capital Territory.[3][4] and 1 in Tasmania. Approximately [3][4] seven in every 10 offices were franchised and three in every 10 were company owned.[4][6]

See also

References
  1. "ASX MEA MCGRATH LIMITED". Australian Securities Exchange. Retrieved 14 November 2019.
  2. "ASX MEA MCGRATH LIMITED". Australian Securities Exchange. Retrieved 14 November 2019.
  3. "Our Story". McGrath. Retrieved 14 November 2019.
  4. "McGrath 2020 Annual Year Report". McGrath. Retrieved 8 April 2022.
  5. "McGrath appoint new CEO after Geoff Lucas resigns". McGrath REA. Retrieved 8 April 2022.
  6. Cummins, Carolyn (28 November 2019). "McGrath flags return to growth as housing sentiment lifts". The Sydney Morning Herald. Retrieved 15 December 2019.
  7. Cummins, Carolyn (29 October 2019). "Aqualand boosts stake in real estate group McGrath". The Sydney Morning Herald. Retrieved 15 December 2019.
  8. Tan, Su-Lin (29 October 2019). "Aqualand raises stake in McGrath, tests takeover threshold". Australian Financial Review. Retrieved 15 December 2019.
  9. Johanson, Simon (26 August 2019). "McGrath posts $15.6m loss as real estate listings dry up". Brisbane Times. Retrieved 15 December 2019.
  10. Collett, John (27 October 2019). "Property upgraders to feel the pain of bigger stamp duty payments". The Sydney Morning Herald. Retrieved 15 December 2019.
  11. "Estate agent John McGrath considers ASX float". PropertyObserver. 17 September 2014. Retrieved 20 November 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.