NAI Harcourts has entered the South Australian market with the launch of NAI Harcourts C&I in Adelaide.
The new commercial business is led by Con Kavooris and Harcourts business leader Mark Sheppard, combining local market knowledge with the broader Harcourts network.
Kavooris said the business was built around advisory services rather than transaction volume.
“This is not about building the biggest agency – it’s about building the most trusted,” he said.
“Commercial property in South Australia is relationship-driven, and clients want advisors who understand not just the asset, but the decisions behind it.”
Mark Sheppard, who has more than two decades of experience with Harcourts, said the venture reflects demand for clearer communication and execution.
“Clients don’t need more noise – they need clarity, experience and people who will tell it like it is,” he said.
“Connecting local opportunities with a wider network ultimately delivers better insight and stronger results for clients.”
The Adelaide launch comes as commercial property markets adjust, with investors placing greater emphasis on income durability and tenant quality.
Tom Donnelly, Harcourts Head of Commercial, said the expansion aligns with broader market trends.
“We’re seeing a clear move towards disciplined capital and advice-led transactions across the country, and South Australia is no exception,” Tom said.
“Investors are prioritising income security, tenant quality and long-term performance.”
NAI Harcourts C&I will operate as a full-service commercial business across sales, leasing, acquisitions and property management.
Heather Edwards, CEO of Harcourts SA, said the launch combines global connectivity with local expertise.
“We are empowering clients with the insights and confidence they need to make sound, strategic investments in a shifting economic landscape,” Heather said.