In profile: Colliers International Canberra director Michael Heather
Colliers International’s Michael Heather heads up its investment services in Canberra, a market in the spotlight in an election year. He says he would invest a spare $750,000 in the IQ apartment complex in Canberra City.
Agent: Michael Heather
Position: Director, Investment Services
Company: Colliers International
Office Location: Canberra
How long have you been in the industry? – Five years
What’s happening in the area you specialise in? – Yields are holding steady for prime office assets with strong cash flow security while yields for secondary office assets are more volatile
Describe the most interesting property you have sold – Brucella, it was a vacant commercial building previously occupied by the Therapeutic Goods Administration which was used for testing pharmaceuticals
What are the ingredients to being successful in your job? – Persistence, effective communication, technical expertise and knowledge of local market
What aspects of your role do you enjoy the most? – Satisfaction from brokering a deal between a seller and a buyer
Where would invest a spare $750,000? – In the soon to be developed IQ apartment complex in Canberra City
Which football team do you support? – Sydney Swans
What’s your favourite app or techno gadget? – the AFL app on my ipad
How do you use social media? – I am on LinkedIn