Elders continues to grow its real-estate footprint in New South Wales announcing the acquisition of Andrew McDonald Commercial Dubbo.
Elders continues to grow its real-estate footprint in New South Wales announcing the acquisition of Andrew McDonald Commercial Dubbo from 1 December 2023.
The acquisition will allow Elders Real Estate to expand its commercial real estate portfolio and service offering in Central West NSW region, in alignment with the Company’s strategy of filling geographic gaps to better service existing and new clients.
Owner and Director Andrew McDonald said, "We are proud of what we have accomplished over the last 14 years in Dubbo’s commercial, retail and industrial property sector.
“Partnering with Elders presents a great opportunity for us to expand our business even further,” said Mr McDonald.
“I would like to thank our past and current clients spread throughout Australia and our local community for their support of our business to date. Our specialist commercial team will remain unchanged to continue to support our clients and will now benefit from the strong Elders brand and exposure to its extended national network.”
Ryan Robinson, NSW State General Manager said he was pleased to welcome the team.
“We are excited to welcome the Andrew McDonald Commercial team to the Elders network,” said Mr Robinson.
“They have a strong track record and expertise in Commercial Real Estate, which will enhance Elders' capabilities and growth prospects into the future.”
Elders has been operating in Australia for over 180 years and has a proven track record of excellence in the agribusiness and real estate sectors. The company's real estate business has been expanding steadily in recent years, in line with Elders' Eight Point Plan focusing on strategic growth in key locations across Australia.