McGrath Estate Agents

From Wikipedia, the free encyclopedia
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
100[3][4] (2019)
Area served
New South Wales, Queensland, Victoria and Australian Capital Territory[3][4]
Key people
Peter Lewis, Chair
Edward Law, CEO[5]
RevenueDecrease A$82,699,000 (2019)[4]
Websitehttps://www.mcgrath.com.au

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]

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 2019, McGrath had 100 offices with 66 in New South Wales, 19 in Queensland, 12 in Victoria and three in the Australian Capital Territory.[3][4] In 2019, about seven in every 10 offices were franchised and three in every 10 were company owned.[4][6]

See also[]

References[]

  1. ^ a b c d "ASX MEA MCGRATH LIMITED". Australian Securities Exchange. Retrieved 14 November 2019.
  2. ^ a b c d "ASX MEA MCGRATH LIMITED". Australian Securities Exchange. Retrieved 14 November 2019.
  3. ^ a b c d e f g "Our Story". McGrath. Retrieved 14 November 2019.
  4. ^ a b c d e f "McGrath 2019 Annual Year Report". McGrath. Retrieved 14 November 2019.
  5. ^ "McGrath appoint new CEO after Geoff Lucas resigns". Elite Agent. Retrieved 24 August 2020.
  6. ^ a b c Cummins, Carolyn (28 November 2019). "McGrath flags return to growth as housing sentiment lifts". The Sydney Morning Herald. Retrieved 15 December 2019.
  7. ^ a b c Cummins, Carolyn (29 October 2019). "Aqualand boosts stake in real estate group McGrath". The Sydney Morning Herald. Retrieved 15 December 2019.
  8. ^ a b Tan, Su-Lin (29 October 2019). "Aqualand raises stake in McGrath, tests takeover threshold". Australian Financial Review. Retrieved 15 December 2019.
  9. ^ a b 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. Retrieved 20 November 2019.

External links[]

Retrieved from ""