Issue 44 | The Property Development Review

The Interview

SCAN OR CLICK TO WATCH THE VIDEO INTERVIEW IN FULL

62 MINUTES

TERRY SNOW AM

With Rob Langton

FOUNDER: CAPITAL PROPERTY GROUP

In the 1970’s, a career change led him to real estate, a profession far more suited to his engaging personality and a field in which he excelled at over the course of a number of years. Utilising the skills he’d learnt from this period of his life, he then turned his hand to property development, initially through the development of small industrial projects before later building larger office assets through Capital Property Trust (CPT) - a vehicle established alongside his brother George that followed in the footsteps of their father’s business, Capital Property Group. Throughout the course of the 1980’s and early 1990’s & under the stewardship of Terry & George, Capital Property Trust grew to become the largest non-government owner of property in the ACT, incorporating over eleven assets, underpinned predominantly by long-term leases from Government tenants. The burgeoning success of CPT seeded the establishment of the Snow Foundation in 1991 with an initial $1m contribution, a philanthropic

Our exclusive interview this month features Terry Snow AM - Executive Chairman of Capital Airport Group Co-Founder & Chair of the Snow Foundation & Owner of Willinga Park. Terry’s journey in both business & in life is undoubtedly one of Australia’s most remarkable & enduring - born in Canberra in 1943 to a family with a rich heritage and attachment to the ACT that dates back over two generations to his grandfather E.R Snow, the proprietor of the region’s first general store known as ‘Snows’, Terry has established a formidable career over the past sixty years that has changed the landscape for generations to come. Following graduation from Canberra Grammar School in 1961, Terry re-located to Melbourne and enrolled in an accountancy degree, later practising as a certified accountant in Canberra before finding the monotony of the profession limiting as compared with his love of dealing with people.

6 – July / August 2023

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