Page 2166 - Week 06 - Thursday, 8 June 2017

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Firm

(a) 2013-14

($m)

(b) 2014-15

($m)

(c) 2015-16

($m)

(d) 2016-17 to date ($m)

Independent Property Group Sales Pty. Limited

1.046

1.450

0.926

0.119

Jones Lang LaSalle (ACT) Pty. Limited

0.037

0.383

0

0.103

Knight Frank Australia Pty. Ltd

0.158

0.112

0.056

0.144

MMJ

0.153

0.025

0

0.127

LJ Hooker

0.125

0.253

0.125

0

(3) The table below details the total spend as a percentage by financial year 2013-14, 2014-15, 2015-16 and 2016-17 to date for each Panel agent:

Firm

2013-14 (%)

2014-15 (%)

2015-16 (%)

2016-17 to date (%)

Percentage of total spend

Raine and Horne Commercial Canberra

10.3

2.6

0.7

0

13.6

Luton Properties

0

0.1

0

0

0.1

CBRE (V) Pty. Limited

11.2

1.6

0.6

0.5

13.9

Colliers International Pty. Limited;

1.8

4.6

17.4

3.9

27.7

Ray White

0

2.6

2.2

0

4.8

Independent Property Group Sales Pty. Limited

7.8

10.8

6.9

0.9

26.4

Jones Lang LaSalle (ACT) Pty. Limited

0.3

2.9

0

0.8

3.9

Knight Frank Australia Pty. Ltd

1.2

0.8

0.4

1.1

3.5

MMJ

1.1

0.2

0

0.9

2.3

LJ Hooker

0.9

1.9

0.9

0

3.8

(4) Yes.

(5) Not applicable.

(6) The LDA appoints sales agents based on specialist skills they offer relevant to the type and nature of the release, previous work allocation, past performance and value for money.

For major releases such as new subdivisions and englobo sales, appropriately skilled agents on the panel were invited to submit their marketing proposals, the nature of services or products offered and a quote for services.

(7) The panel is due to expire on 30 June 2017.


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