23 May TA:20 #apartmentdevelopments
Just had a very enjoyable catch up with Jordy Catalano and Tim Fleming on the current market and future direction of apartments.
Five years ago Jordy Catalano and Tom Hywood launched Apartment Developments to bring the disparate offering of off the plan apartments to one place. Both Jordy and Tom are the sons of media heavyweights and injected fresh energy into a burgeoning sector.
Since then AD Group (as it is now known) has grown to cover three distinct markets being –
- Apartment Developments – Off the plan Apartment Sales
- House & Land Developments – Land sales & house and land packages in new communities
- ID Development Business to business platform to manage development sales
Tim Fleming is the General Manager of AD Group and apart from an illustrious football career with the the Richmond Tigers (amongst others) spent many years at REA group (realestate.com.au) through its formative years when real estate advertising on the internet was still a hard sell.
It took me a while to get Tim and Jordy in the same room to talk to me about AD Group and how they see the apartment market but I finally did it.
Listen in for a very frank and fascinating chat with what they are up to and how they see the outlook for apartments and the property market generally.