Property management revenues up 10% for Raine & Horne

Property management revenues have been recorded as jumping by 10% since June 2013 for Raine & Horne, with this wing of the business expected to become increasingly prominent as investor numbers climb.

Raine & Horne’s chairman and CEO Angus Raine said that in recognition of the growth in this part of the market, they have employed a business support and development manager, Lauren Kirk, to support their nationwide property management arm.

“When the next batch of figures is released by the ATO, I expect to see a major spike in the property investor numbers, as self-managed super funds and individual investors have dominated residential property in recent times,” said Raine.

Kirk is planning to assist with increasing efficiencies, rent rolls and revenues.

Earlier this week it was announced that Charles Farru-Hill and Robert Lawson had been appointed to lead Raine & Horne Commercial Western Australia's property management arm.