Cushman & Wakefield expands VIC industrial and office agency teams

Luke Etherington • 02/03/2021

Cushman & Wakefield is pleased to announce five new appointments within its Victorian Commercial Real Estate business, adding a depth of experience and strength to the Industrial Sales & Leasing and Office Leasing teams.

Kosta Filinis, Gareth Jackson, and Alex Andrews join Andrew O’Connell’s Industrial sales and leasing team to capitalise on the current growing demand for industrial sites in South East Melbourne, and all have spent the last 6-plus years at Savills. Alex Moffatt also joins with extensive real estate experience gained from CBRE, Development Victoria and KPMG.

Kosta joins Cushman & Wakefield as Director, Industrial Sales and Leasing. He has over 20 years’ experience in the industrial market previously working with JLL, Colliers International, and Savills, where he has also spent the past 6 years. He specialises in Melbourne’s South East industrial market and has been involved in many of the largest pre-commitments in the region.

Gareth Jackson also comes from Savills as Director, Industrial Sales and Leasing. He has considerable experience in the South East and brings a depth of knowledge and valued client relationships to Cushman & Wakefield.

Joining Kosta and Gareth is Alex Moffatt, Director, Industrial Sales and Leasing. With considerable experience in the property sector, Alex was previously Director, Capital Markets at CBRE and has handled transactions for significant clients including Development Victoria, he will focus on development land transactions and investment sales. Alex Andrews has also been appointed as Manager, Industrial Sales and Leasing, with over 8 years’ experience and considerable knowledge of the South East market.

Following a successful stint at Colliers International, Chris Meehan will join the Office Leasing team as an Associate Director. Chris will play a key role in assisting the Metro Leasing team through a string of recent appointments in the inner-metro area.

This follows the recent appointment of seven new hires to its national valuations & advisory team, all based in Victoria. Josh Phegan, Niall Ashley, Lily Lachal and Peter Bath joined Cushman & Wakefield as institutional valuers, while Linda Sharkey, Hugh Davies and Patrick Mulcahy were appointed as the self-storage valuation & advisory team.

Cushman & Wakefield’s Managing Director, Victoria and Western Australia, Luke Etherington, said: “We are thrilled to expand our Victorian business and build our agency platform to meet growing demand from occupiers and investors, particularly in Melbourne’s South East industrial market.”

Cushman & Wakefield’s Joint Head of Industrial Sales & Leasing, Victoria, Andrew O’Connell, said: “Melbourne’s South East recorded approximately $930 million in industrial transactions in the 12 months to December 2020, up 5.5% on 2019 and 12.1% on the five-year average.”

“We expect this demand to continue right into 2021 particularly as foreign purchasers return to the Australian CRE market, and interest rates remain at record lows.”