THE PROPERTY DEVELOPMENT REVIEW
FROM THE CEO
FOLLOWING COMPREHENSIVE RESEARCH AND DEVELOPMENT, WE LAUNCHED INSTADOCS – THE FIRST PURPOSE-BUILT DATAROOM SOLUTION FOR COMMERCIAL REAL ESTATE. across finance, private equity, investment, the law and property development. Danny Gilbert AM, Co-Founder & Managing Partner, Gilbert + Tobin From humble beginnings, Gilbert + Tobin is now one of Australia’s most successful and prestigious legal firms, consistently ranked in the top three legal institutions in the Country. In a rare and exclusive interview, Danny walks us through his extraordinary career, from practising law in regional New South Wales to moving to Sydney and launching his firm alongside Tony Tobin in 1988. Andrew Abercrombie, Chair & Founding Director, Humm Group
EDITOR IN CHIEF Frank Materia frank@ readymedia.com.au
IN-HOUSE WRITER Oliver Gregurek
ADVERTISING OPPORTUNITIES jamie@ readymedia.com.au PROPERTY LISTING ENQUIRIES info@ readymedia.com.au EDITORIAL ENQUIRIES editor@ readymedia.com.au CONTACT Ready Media Group Head Office Levels 3, 4, & 5 161 Buckhurst St South Melbourne VIC 3205 03 9631 5476 info@ readymedia.com.au
With the first quarter of the year now complete, we’ve been able to reflect on what has been a strong start to 2023 for the team at Ready Media Group. Alongside the continued growth of our Development Ready & Commercial Ready property platforms, including record subscriber & enquiry numbers, the seminal achievement has undoubtedly been the roll-out of a major update to our proprietary dataroom solution, InstaDocs. In 2018, we identified an opportunity to disrupt the status-quo wherein commercial real estate agents were having to rely on sending bulky e-mail attachments that contained sensitive campaign documentation to prospective buyers – an outdated practice that offered no ability to track the engagement of potential prospects. Following comprehensive research and development, we launched InstaDocs – the first purpose-built dataroom solution specifically geared toward providing both agencies and their prospects secure access to timely campaign documentation. The response has been overwhelming – I’m pleased to report that over the past three years, this game- changing technology has been widely adopted across the industry, resulting in over a thousand virtual data- rooms activated – and this is just the beginning. In our latest release, InstaDocs 2.0 has been cleverly refined following months of constructive feedback from our valued partners – alongside a simple yet powerful new interface, additional functionality has been incorporated throughout the product. To wrap up the quarter, I’d like to express my gratitude to our early adopters and supporters of InstaDocs, your feedback, support, and input have been essential to the development of the product. Similarly, I would like to thank everyone at Ready Media Group for all the hard work and dedication they poured into this past quarter. In this issue of The Property Development Review, our very own Rob Langton continues ‘The Interview’ series with some of Australia’s leading business figures
In his first major in-depth profile, Andrew charts his journey across both his business and personal life, from his beginnings as an entertainment and tax lawyer in the 1980s, to founding and building FlexiGroup (now Humm) in the 1990s, floating the business on the ASX in 2004 for $250m+. As usual, inside this edition, you’ll find the latest Nick Headshot - TPDR Intro Page development and investment opportunities from across Australia, major transaction analysis as well as exclusive insights from our agency partners. Enjoy the read.
MAGAZINE DESIGN Nespecart
ON THE COVER Ritz Carlton Gold Coast Development Render - Giannarelli Group & Pelligra Group
NICK MATERIA CEO - Ready Media Group
April / May 2023 – 3
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