Colliers announce appointment of Richard Cash as WA State Chief Executive
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“A substantial amount of my experience has been in project leasing experienced local property industry figure, Richard Cash has been appointed State Chief Executive for Colliers’ new company-owned office in WA.
He re-joins Colliers having worked as part of the former franchise business from 2005 – 2008. He has spent the last 11 years at CBRE.
Mr Cash joins the new Colliers operation with 20 years’ experience in the Perth property industry across several major agencies and corporates.
Respected by his clients and peers alike, he is an expert in the Perth property market and will maximise local opportunities across the national and Asia-Pacific landscape.
“I saw that in joining Colliers, there was a rare opportunity to start a fresh, future-focused business offering and assemble a best-in-class team of local experts who can leverage our global brand and platform,” Mr Cash said.
Mr Cash is particularly passionate about the WA retail sector, with significant experience in the Large Format Retail sector.
“I started attending the BGRA (now LFRA) in 2005, and my first transaction as an agent was bringing Super Amart (now Amart Furniture) into their Osborne Park showroom which was their entry into the WA market,” Mr Cash said.ith centres such as South Central (Stage 2), Kwinana Supa Centre, Baldivis Central, Malaga Home Centre and Home Co Ellenbrook.”
Mr Cash has established a reputation as a leader in the WA Large Format Retail sector, with first-to-market deals such as Costco at Perth Airport, with a second site due to open in 2022.
“I was very fortunate to attend the LFRA France and Germany study tour which was outstanding in terms of seeing how other countries deliver their LFR centres and also a fantastic way to further retailer relationships,” he said
“The LFRA has been instrumental in providing connectivity with retailers and sector specialists such as Deep End Services. I believe that the broader retail industry could learn from the success of the LFRA and its proactive approach of connecting retailers to developers, landlords and agents.”
Colliers new Perth business will operate as part of the company’s highly successful national service line structure, ensuring its experts are contributing to and benefiting from national and international best practice.
“The future growth opportunity of the Perth market is endless,” Mr Cash said. “WA’s status as one of the least-disrupted markets in the world had seen its popularity increase considerably over the last two years.
“WA has become a go-to destination for commercial investment among the region’s biggest players. Major east coast investors are heading West because they see value and opportunity, and there is more opportunity still to be unlocked as borders re-open and offshore buyers return.
“It is a very exciting time for the commercial property market in WA and I am proud to be part of Colliers’ investment in this great state.”