Kay & Burton managing director Michael Gibson sells down shares

Kay & Burton managing director Michael Gibson sells down shares
Kay & Burton managing director Michael Gibson sells down shares

Kay & Burton managing director Michael Gibson has sold his down shares in the Melbourne-based real estate company, with a number of new equity partners joining the firm.

Gibson said it's business as usual.

“I’ve taken the decision to sell my shares to the next generation of leaders at Kay & Burton, and continue to represent this incredible brand," he said.

Kay & Burton non-executive chairman Rob Edgley said Gibson is regarded as one of the best real estate practitioners in the country.

"He has been a principal at Kay & Burton for many years," Gibson added.

"Pleasingly, Mike’s commitment to Kay & Burton continues and will do so well into the future.”

Kay and Burton’s new equity partners comprise:

- Tom Staughton (Hawthorn)

- Gary Ormrod (South Yarra)

- Carolyn Purnell-Webb (Manager, Property Management)

- Grant Samuel (South Yarra)

- Lou Opie (Group Chief Operating Officer)

- Andrew Sahhar (South Yarra)

- Rebecca Edwards (Hawthorn)

 To read more information on the new equity partners, click here.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Kay & Burton Partners

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