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Andrew Meehan elected REIV President

Andrew Meehan said he was honoured to lead Victoria’s peak real estate body in one of the most important periods for the property sector.

The Announcement:

Mornington Peninsula real estate agent Andrew Meehan was yesterday elected as President of the Real Estate Institute of Victoria (REIV) for the next 12 months.

The REIV Board also elected Jacob Caine and Megan Mander as Senior Vice President and Vice President respectively for the same period.

Mr Meehan said he was honoured to lead Victoria’s peak real estate body in one of the most important periods for the property sector.

“I’m delighted to preside over the development of REIV’s governance and strategy, as we represent the best interests of our members and real estate participants more broadly,” Mr Meehan said.

“The state’s looming election coincides with a confluence of critical market-shaping forces.

From rising interest rates and inflation to a renewed focus on taxation, opportunity exists for the sector to galvanise and work together as it engages State Government and other sector stakeholders on key property policy issues.

“It has to be remembered how significant the┬áproperty sector’s contribution is to our state economy.

The industry employs more than 15,000 Victorians, injects more than 20 per cent of Gross State Product ($76 billion) and more than 40 per cent of the State Government’s annual tax revenue.

“We eagerly await outcomes from the Andrews Government’s Property Market Review, so that there can be some certainty in the way the sector is regulated and supported into the future.”

Mr Meehan has served as an REIV director for the past two years, in which time he has held the roles of Senior Vice President, Vice President, Chair of the Board’s Nominations and Remuneration Committee and the Board Management & Finance Committee. He succeeds Richard Simpson as President, who remains on the Board.

“I look forward to working with my fellow Directors, CEO Quentin Kilian and his team as, together, we continue the evolution of the REIV and advance this great sector even further.”

Mr Meehan entered the real estate industry in 2008 as a director of Nicholas Lynch Real Estate Group. Prior to this, he held senior management positions and directorships in a variety of sectors over 25 years, including with ASX-listed companies.

He is a licensed real estate agent, a qualified surveyor, an MBA holder and a member of FIABCI, the International Real Estate Federation.

Source: The Real Estate Institute of Victoria (REIV)

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