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REIQ Journal : September 2008
40 Journal Q & A The Journal Q&A with Peter Wheeler, Colliers International, Townsville And winner of the 2008 REIQ Community Service Award for Excellence Colliers International Townsville was the inaugural winner of the REIQ’s Community Service Award for Excellence, when the category was introduced for the first time in 2008. In this month’s Journal Q&A, agency principal Peter Wheeler shares his thoughts on the Townsville market, the reasons for Colliers’ success, and how their agency is making a difference in the community. Q: How has the commercial property sector in Townsville evolved in recent years? A: The commercial property sector has changed significantly in recent years and has become far more sophisticated, requiring enhanced knowledge and better informationgathering techniques. This transformation has been triggered, to a large extent, by a growing economy and workforce base riding high on refined minerals exports, construction projects and future property demand from a growing population. Townsville has a broad and stable economic base due to a diverse mix of industries, all of which have contributed to its maturity as a major regional city. These attributes have attracted considerable interest in recent years from both national and international development companies and major investors, including some of the country’s largest property trusts and funds managers. All of these have contributed to the significant change in Townsville’s commercial and industrial landscape. Q: What factors do you believe have been fundamental to the success of Colliers International in Townsville? A: The business has certainly been no overnight success. It has taken a huge effort and a lot of hard work from our team to get where we are today. It might sound a little clichéd but, for what could be considered a relatively young team, we have always prided ourselves on good old fashioned service and ethics. From this, we have built and earned a solid reputation that we are proud of. We actively seek these traits in our team members and have worked hard to promote a quality work environment with an open door policy. As a result we have enjoyed a high staff retention level that has allowed everyone here to grow and work together as a team. We have always worked on the principle that if you work hard on getting the basics right and have continuity in this regard, then REIQ Journal September 2008