Sydney, 31 January 2016 – Highly experienced agribusiness professional Col Medway has joined CBRE to head the firm’s expanding rural business in NSW and the ACT.
Most recently Managing Director of Landmark Harcourts Capital, Mr Medway has more than 25 years of experience in the agribusiness sector and was last year responsible for rural property sales totaling close to $70 million.
His appointment boosts CBRE’s Pacific agribusiness team to over 45 sales and valuations professionals.
CBRE’s Regional Director, Agribusiness, Danny Thomas said Mr Medway would have a focus on marketing quality rural assets and further building the firm’s six-strong team in NSW and the ACT.
“NSW is the biggest turnover market for rural property in Australia and we have seen a significant increase in investor demand over the past 12 months,” Mr Thomas said.
“Col has an enviable track record and his appointment will ensure we are continuing to provide the highest level of service and support to our agribusiness clients as the investment market continues to strengthen.”
A licensed stock & station agent, Mr Medway was born and bred in the Gunning/Yass district and has a Bachelor of Applied Science (Agriculture). He has worked in roles across the agribusiness spectrum, from cattle feedlots to advising clients on pasture and crop agronomy as well as livestock marketing and auctioneering.
Prior to launching Landmark Harcourts Capital, Mr Medway oversaw the Landmark Copeland Medway business, which he established in 1995 and progressively expanded to a team of 18 full time employees providing real estate, livestock marketing, insurance, wool brokerage, and farm merchandise services.
Mr Medway said the decision to join CBRE in a Director role had been sparked by the ongoing globalisation of capital flows in the agribusiness sector.
“There is a broadening pool of local and international capital targeting Australian agribusiness assets,” Mr Medway said.
“Unless you’re with an organisation that has a significant reach into the global capital markets and international clients you’re not going to be able to facilitate the optimum results for your vendors.”
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