Property investors still active: McGrath Projects' Adam Sparkes
Property investors are still active, Adam Sparkes, the recently apppointed general manager of McGrath Projects says.
"They are perhaps taking a slightly more cautious approach, but for the right project they are happy to commit.
"A common thread amongst all buyers is they are looking for high quality developments offered with design excellence and good amenity.
"Location continues to remain important with a preference to city centres or close proximity to active retail, education and transport hubs for outer lying projects,” said Mr Sparkes who now leads a team of 63 at McGrath Projects, which includes 44 sales agents.
The chief executive John McGrath announced the appointment today saying he was intent on expanding the project division's footprint.
Adam started his real estate career with McGrath in 1998 and more recently the successful planning and marketing of the Central Park development in Chippendale, personally overseeing in excess of 1,000 sales.
Most recently, he was involved in the sellout of the second stage of Darling Square in Sydney, as well as overseeing the sales at Toorak Park (Armadale, Melbourne) and the Victoria Harbour Precinct (Melbourne) for Lend Lease.
