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Corporate Restructure To Deliver Future Growth For Wa’s Realmark

Multi award-winning WA property group Realmark has announced a major overhaul of its corporate structure as it looks to consolidate its position among the most esteemed real estate companies in Australia.

The restructure, which includes the appointment of a Chief Operating Officer and the creation of a Board of Directors, reflects Realmark’s evolution from a small one-office business to one of Australia’s most decorated and respected real estate groups.

According to Managing Director John Percudani, who established Realmark with wife Anita in 1989, the changes to the group’s corporate governance mirrored its new standing as a major, multifaceted corporate business.

“When Realmark was founded 25 years ago we specialised purely in commercial and project real estate. Today, the group has diversified into commercial and residential sales and leasing, property management, strata management, financing and marketing,” Mr Percudani said.

“In our 25th year, we identified the challenge of bringing the group’s corporate structure in line with where we, as a proud WA company, believe we stand in the wider business community.

“We’re very proud of what Realmark and our staff have achieved over the years and genuinely believe we’ve earned the right to stand alongside the most respected property groups in Australia. By altering how we operate behind the scenes, we’re endeavouring to set Realmark on a path for sustained innovation and growth into the future.”

Realmark was established in a small office in Wembley, with just two staff and some second-hand furniture. Today, the group encompasses 17 offices around metropolitan Perth and regional WA including its corporate office in Leederville.

One of the key differences driving the group’s growth is a business-centric culture which helps individual office owners to work both on and in their business. This leads to above average results and a scalable business model.

Realmark is expected to announce its new COO in the coming weeks. The COO’s role will be to liaise with the Managing Director, while overseeing the operation of each business unit, and bringing additional strategic direction, leadership and further innovation to Realmark.

Other changes include the formation of an Advisory Board of Directors, which will oversee the group’s future direction.

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