Property Council elects new president

The Property Council of Australia has elected Michael O’Brien (pictured above proper), managing director of QIC actual property, as its new nationwide president, to drive actual property funding and enterprise technique for QIC.

The 30-year property trade veteran takes the reins from David Harrison, Constitution Corridor managing director and group CEO.

Elected as nationwide vice presidents of Property Council Australia have been Tarun Gupta, Stockland managing director and CEO, and Deborah Coakley, Dexus EGM of funds administration.

Gupta joined Stockland in 2021, bringing with him greater than 25 years of property trade expertise, together with at Lendlease, the place he was most lately group chief monetary officer.

Coakley, in the meantime, is accountable for managing Dexus’s funds administration enterprise. She has been a change chief throughout the property sector, human sources, and in consulting, having labored at Deloitte and Qantas, and as a previous president of the Property Council capital markets division.

O’Brien mentioned he was honoured to be elected president of the Property Council of Australia and he was dedicated to additional elevating the organisation’s revered advocacy work.

“It’s a privilege to be elected by my trade friends to this necessary function, and to characterize an trade that creates extra jobs for Australians than some other,” O’Brien mentioned. “The property sector shapes how we dwell, how we work, and our alternatives, and it underpins the energy of our financial system, offering jobs in each metropolis, area, and city in Australia.

“I sit up for selling our thought management on actual options to Australia’s housing, planning, funding and internet zero challenges. As a property champion of change, I may even make sure the growing and welcome range of our trade is mirrored in our management on creating inclusive workforces and workplaces.”

Mike Zorbas (pictured above left), Property Council of Australia CEO, mentioned O’Brien brings to the workforce deep perception from throughout the sector and across the nation.

O’Brien “is a change agent whose curiosity in tackling the housing provide and affordability disaster, planning our cities higher, smarter funding settings and showcasing the globally recognised sustainability credentials of Australia’s property sector, is inspiring,” Zorbas mentioned.

Each O’Brien and Zorbas acknowledged Harrison’s contributions to the Property Council.

Harrison “efficiently championed the trade and the Property Council by way of one of the crucial difficult intervals in current reminiscence,” O’Brien mentioned. He “and our board labored tirelessly so the sector may underpin Australia’s financial resilience by way of the pandemic, working with governments to maintain tenants viable, to maintain building open, and to implement the confidence-creating HomeBuilder program.”

He mentioned that contribution was Harrison’s legacy that served because the engine room for job creation because the trade labored by way of the restoration and confirmed itself to be the engine room for job creation.

Harrison “is a compelling chief,” Zorbas mentioned. “His perception and keenness to advance the trade are exceptional. We’re grateful for his spectacular dedication and achievements on our behalf and can proceed to prize each within the years forward.” 

Harrison will assume the function of quick previous president and can stay a member of the Property Council board for an extra two years.

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