Search Results for: Paul Niardone
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FRANCHISE NEWS
The Agency raises $60k for cancer patients through Paul’s Great Shave
Paul Niardone will be feeling the cool winter air a little more this year after shaving off his lengthy beard to raise more than $60,000 to support cancer patients in Western Australia.
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INDUSTRY NEWS
The Agency launches a storybook to help children cope with the stresses of moving
The Agency has launched a children’s book to help families manage the stress of moving house.
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FRANCHISE NEWS
The Agency Group opens property gallery in Perth’s Western Suburbs
The Agency Group has opened a property gallery that doubles as an art space in the 'Golden Triangle' of Perth's exclusive Western Suburbs.
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FRANCHISE NEWS
The Agency records robust financial results
The Agency has revealed improved financial and operational results for the first half of the 2021-22 financial year as it continues to grow across five states and territories.
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NEWS
With a focus on growth, The Agency announces the appointment of Geoff Lucas to the role of Managing Director and CEO
The Agency announced via the ASX that Geoff Lucas will take the role of Managing Director and CEO effective 28 January 2022. Mr Lucas has held the position of Group CEO of The Agency since March this year. The move comes from a company board desire to have a Managing Director based on the eastern seaboard. The Agency Chairman, Andrew…
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NEWS
The Agency on track for record financial year results
The Agency’s planned growth trajectory continues, with the group’s results for the June quarter indicating the company is on track for 2020/21 financial year EBITDA of more than $4 million.
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NEWS
The Agency and Hawthorn Football Club join forces
The Agency is continuing to kick goals, with AFL team Hawthorn entering a commercial partnership with the company.
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NEWS
The Agency announces appointment of Geoff Lucas as Group CEO
The Agency has just announced the appointment of Geoff Lucas as Group CEO, with the highly experienced industry executive set to start the new role March 29.
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NEWS
The Agency South Perth welcomes Anil Singh to team
The Agency has welcomed one of Western Australia’s most accomplished salespeople to its South Perth team, with multi-award-winning agent Anil Singh joining the fold.
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Elite Agent
The Agency announces half-year profit and record earnings
The Agency has released its half-year financial results, chalking up a maiden profit and record earnings for the six months to December 20.
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Elite Agent
The Agency Group achieves dual wins against Magnolia Capital
After several weeks of upheaval for The Agency, some certainty has arrived for the group in the form of definitive rulings from both the Takeovers Panel and the Federal Court.
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Elite Agent
Peters Investments confirms its support for The Agency
Peters Investments has thrown further weight behind The Agency, converting $3 million of convertible notes to equity and exercising 14 million options in a show of support for the brand’s future plans.
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Elite Agent
Record revenue for The Agency
The Agency’s half-year report to shareholders shows the company continues to grow in revenue, has positive cashflow, and a growing sales pipeline into 2021.
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NEWS
No takeover bid: The Agency
Contrary to news reports at the weekend, The Agency has asserted there is no takeover bid from Magnolia Equities.
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Elite Agent
The Agency reports 48 per cent increase in revenue
The Agency is celebrating success, with their financial results for 2019/20 indicating a turnaround in cashflow and earnings before interest, taxes, depreciation, and amortization (EBITDA), along with a 48 per cent increase in revenue. Released on August 31, The Agency’s ASX announcement highlights 12 months of operational growth and improvement, resulting in revenue of $41.86 million, compared to $28.34 million…
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NEWS
The Agency implements measures to protect jobs and ensure team retention
The Agency Group has announced a raft of business continuity measures to ensure staff retention during the current COVID-19 pandemic. Noting the measures had been welcomed by the vast majority of its staff, they said the initiatives would have no impact on group’s ability to deliver industry-leading real estate services to its clients, property agents, home buyers and sellers, landlords…
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NEWS
The Agency records 147 per cent increase in revenue
Real estate industry leader The Agency Group Australia has recorded strong growth for the half-year 2020 with a combined total group revenue of $25.2 million – up 147 per cent on the previous corresponding period. Yesterday’s results delivered to the ASX showed this was on the back of positive Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) and Gross Commission…
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NEWS
The Agency WA to launch new Wembley office
The Agency Group Australia is further expanding its reach in the Perth property market with the appointment of highly-experienced sales agents and upcoming launch of a new office in the sought-after inner-city suburb of Wembley. Well-regarded real estate agent Paul Tonich, along with his colleagues Corey Adamson, Jon Williams and Luke Martin, have joined the Western Australian team and will…
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NEWS
Managing agent appointed for Aspen’s $20 million Perth rental portfolio
Accommodation provider Aspen Group has invested in 84 properties in the Perth real estate market, appointing The Agency as sole property management provider for the $20 million investment. The deal marks a significant uplift in The Agency’s Perth portfolio from 1,025 to 1,109 and takes the national property management portfolio to 4,671. From January to the calendar year to date,…
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Elite Agent
The Agency strengthens position after raising $4.5m capital
The Agency is predicting a strong financial future ahead after raising $4.5 million as part of a share entitlement offer. Announced in July, the offer saw each eligible shareholder entitled to apply for a further four shares based on every seven shares held. They were also provided with one free attaching listed option for every two shares subscribed for and…
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Elite Agent
The Agency reports strong growth
Industry newcomer The Agency has notched up an impressive year of growth, with financial results indicating annual group revenue increased 86 per cent during the 2018/19 financial year to $31.3 million. It follows on from 75 per cent growth and 70 per cent growth during the prior two years. Across the board, The Agency figures…
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NEWS
The Agency delivers strong results
The Agency Group has bucked the trend by delivering a strong June Quarter 2019 including top results in key areas, despite the lingering property market downturn. The company reported its busiest quarter on record in some areas, with a nine per cent jump in number of exchanges to 674, and its highest number of properties under management (4337) – a…
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NEWS
The Agency achieves significant growth
The Agency Group has reported continued growth, notching up $402 million worth of property sales in April and May, and $34.8 million in year-to date Gross Commission Income (GCI) to the end of May, 2019. West Coast operations, which incorporate The Agency and SLP brands, achieved the highest GCI of $1.3m in May, while the group delivered a total of…
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NEWS
The Agency appoints Andrew Jensen to the role of interim chairman
The Agency Group (ASX:AU1) announced the appointment of Andrew Jensen to the role of interim Chairman, effective 18 February 2019. Mr Jensen will succeed Mr Phillip Re who has tendered his resignation as Chairman and will step down from the board on the same date. Mr Jensen is an accomplished CFO with over 18 years experience in senior finance and management roles.…
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NEWS
The Agency completes Top Level Acquisition
The Agency Group Australia (ASX: AU1) via their wholly-owned subsidiary Ausnet has completed the acquisition of Top Level Real Estate – also known as The Agency East Coast. The announcement was made via the ASX last night. In addition to acquiring all of the shares in Top Level Real Estate, they have also raised $8.4 million via the issue of…
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FRANCHISE NEWS
Highly regarded real estate agent Michael Keil joins The Agency
The Agency Group Australia’s has recruited highly experienced, award-winning real estate agent Michael Keil in Western Australia. With over two decades’ experience under his belt in the WA property market, Mr Keil – a licensed real estate business agent and auctioneer– is highly regarded in the industry, where his innovative sales strategies have delivered proven results for both residential property…
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FRANCHISE NEWS
The Agency secures funding, acquires Top Level Real Estate
After a trading halt for the last few days, The Agency has announced to the ASX that they have secured the funds to acquire Top Level Real Estate. The acquisition involves a complex $8.4 million share placement, alongside $5 million of Top Level debt which will be converted into shares at $0.01 per share. The documentation provided with the announcement…
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INDUSTRY NEWS
East West consolidation planned by The Agency to drive further growth
The Agency Group Australia Ltd (formerly “Ausnet Financial Services Ltd”) exercised an amended option to acquire Top Level Real Estate Pty Ltd (currently Trading as The Agency East Coast). According to the AFR, if successful, this deal alongside the acquisition of Sell Lease Property it will transform The Agency into a $50 million dollar business at the end of February.…
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NEWS
The Agency Group acquires Sell Lease Property, brands to run separately in the market
The Agency Group Australia Limited (formerly named Ausnet Financial Services Limited) (ASX: AU1) have expanded their national footprint with entry into an agreement to acquire three wholly-owned subsidiaries of ServTech Global Holdings Ltd (ASX: SVT). The Agency Group Australia Limited will pay up to $950,000 for the acquisition, subject to due diligence. Via a share sale agreement, the transaction includes…
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INDUSTRY NEWS
Former McGrath sales director now the Agency’s new CEO
Ausnet Financial Services has appointed Sydney-based Matt Lahood as the Agency’s first CEO, effective immediately, the company told the ASX in a statement on Monday. Lahood who most recently held the position of director of sales for McGrath real estate comes with more than 28 years’ of industry experience, the company said. “I am very excited about my new role at the Agency as…
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INDUSTRY NEWS
Ausnet expands its foothold by acquiring Beaufort Realty
ASX-listed Ausnet Financial Services Limited is expanding its reach in Western Australia with the acquisition of Mount Lawley real estate agency, Beaufort Realty. Ausnet’s wholly-owned subsidiary, Ausnet Real Estate Services entered into a share sale agreement to acquire all of the issued shares in Beaufort Realty from its shareholders Jonathan Adams and Pamela Herron, Christine Kirkness and Dosta Buckovska. The exchanged…
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New South Wales
The Agency sells $10 million worth of Sydney properties in a day
Perth-headquartered The Agency has another successful weekend of auctions in Sydney last week, turning over $10 million worth of properties in a day. The company announced that of the seven properties up for auction on February 25, six of those were either sold at or before the sale at a clearance rate of 85 percent. “The sale of six properties,…
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NEWS
The Agency Appoints Stuart Cox as its new State Sales Manager for WA
Real estate industry veteran Stuart Cox has been appointed as the “The Agency’s” latest state sales manager for Western Australia, effective immediately. In this role, Cox would be tasked to work with The Agency’s Sydney office in implementing unified policies and procedures as well as assume the responsibility for recruiting, managing day-to-day affairs and working on improving the company’s business…
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INDUSTRY NEWS
The Agency Expansion Plans: Word of Mouth, Experienced Agents Only
Word of mouth. That is how “The Agency” say they are getting top agents in the Sydney real estate industry to join in their 18-month-old setup. Despite being fairly new on the eastern seaboard, many high profile agents in the business have been recruited by the Perth-based and ASX-listed Ausnet Financial Services for its new Sydney office, located at the…
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NEWS
The Agency reports solid growth and GCI for March quarter
The Agency has released its operational and financial results for the March quarter, reporting solid growth in the first three months of 2021.
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