Colliers International has poached two of CBRE’s top rural sales specialists ahead of what should be another strong year for the sector.
James Beer and Duncan McCulloch have been recruited by Colliers International national rural and agribusiness director Rawdon Briggs.
The pair sold around $100 million worth of farmland in 2018 including the Billabong Aggregation bought by Hasma Capital for more than $20 million and Willatook, south-west of Bendigo, acquired for $7.5 million by London hedge fund billionaire Sir Michael Hintze.
“We are extremely excited to welcome Duncan and James to Colliers International to boost our presence in the Victorian market,” Mr Briggs said.
“During their tenure at CBRE, they were responsible for a number of large-scale corporate agriculture appointments, including most prominently the sale of the Sustainable Agriculture Fund for approximately $185 million, amongst other notable transactions.”
The duo has also transacted several institutional-grade dairy farms, including most recently Forest Farm and The Avenue and Parkham in Northern Tasmania and Petabern Dairies in Victoria’s Goulburn Valley.
It hasn’t been all one way traffic from CBRE to Colliers. Former Colliers national director of agribusiness transactions Shane McIntyre is now CBRE’s director of the agribusiness transactions and advisory.