Posted date: November 10th 2015 . Author AdminSydney .
We are excited to announce that Preston Rowe Paterson has signed a strategic partnership agreement with Daiwa Real Estate Appraisal Co., Japans largest privatised valuation business with head offices in Tokyo.
Established in 1966, Daiwa is a long standing property valuation firm with 8 offices across the county and approximately 250 valuers, architects and engineers.
We were delighted to host the Directors of Daiwa at our Sydney office last month and provide them with an insight into Sydney and the Australian property market. The new partnership will bring forth a number of exciting opportunities for both parties and together we will be producing joint quarterly research reports.
Greg Preston, Chairman of Preston Rowe Paterson, commented “The strategic partnership with Daiwa Real Estate Appraisal is a great opportunity to work alongside one of Japan’s top property industry performers”.
“Daiwa Real Estate Appraisal have significant synergy’s with Preston Rowe Paterson and a similar client base to PRP including corporate, government and listed and unlisted funds (JREIT’s). We will be working to leverage off these synergies” said Greg.
Preston Rowe Paterson’s CEO and International Director, Greg Sugars said “Coming only a couple of months after putting similar arrangements in place in mainland China, our new partnership with Daiwa in Japan, reiterates our belief that the Asia is fast becoming one of the key players in an increasingly globalised market.”
“The JREITS and individual property investors from Japan have seen the relatively attractive yields available abroad in comparison to what has been a rather unspectacular domestic market,” continued Sugars. “We also have an increasing number of Australians looking at property in Japan and these new arrangement will allow for ease of cross referral of work as well as joint research opportunities”.
Our latest strategic partnership with Daiwa ensures our global connections continue to grow and complement our 22 Preston Rowe Paterson offices in Australia, 5 offices in New Zealand and our recent partnership with China Appraisal Association (CAA).
Learn more about Daiwa Real Estate Appraisal here: http://daiwakantei.co.jp/eng/