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Fast-emerging WA-headquartered property advisory and project management firm, Bridge42, today announced the appointment of leading property industry figure Greg Paramor AO as an advisor to its Board.
With more than 45 years’ experience in the Australian real estate and funds management industry, Greg Paramor will advise Bridge42 on its plans to accelerate growth in the eastern states, including facilitating industry networks and mentoring the group’s senior executives.
Established in Perth in 2003 Bridge42 provides advisory, development management and project management services to the property and construction industries – specialising in large and complex initiatives funded by government, institutional and private clients. The firm has expanded its national footprint in recent years, opening new offices in Sydney, Melbourne and Brisbane.
Bridge42’s portfolio of high-profile eastern states clients and projects include A-League franchise Sydney FC, UTS masterplanning, the Heffron Centre (with Randwick Council and the South Sydney Rabbitohs NRL club), Sydney Olympic Park Town Centre, the North Melbourne AFL club and a number of CSIRO facilities.
Bridge42 Chairman Ross Donaldson said Mr Paramor’s industry experience and insights would be invaluable in the Group’s implementation of its strategic growth plans across the country.
“Bridge42’s unique approach, embedding strategic thinking in all aspects of its service continuum, is resonating in the market,” Mr Donaldson said.
“Clients appreciate the holistic view we take to every stage of an asset or development life cycle. Our business strategy seeks to align with the emerging challenges of Australia’s future, with a focus on taking a big-picture perspective providing strategic insight and advice that guides our clients in achieving their business vision and goals,” he said.
“Based upon our initial success on the eastern seaboard we’re keen to scale up our national presence and boost our share of advisory appointments attached to large-scale projects.
“Greg’s networks and standing in the property and development industry are unmatched. He has always read the market opportunities differently from, and often ahead of, his peers. Being able to draw on this perspective as we set about consolidating our national presence is an enormous boost for our team,” he said.
Commenting on his new appointment with Bridge42, Mr Paramor said: “Having had recent exposure to Bridge42 through one of my roles I am deeply impressed with the quality of their work, their people and their culture. The team brings a highly valuable capability set to property-related initiatives and a deep commitment to meeting client aspirations. I am keen to see the firm grow and succeed – it was a natural fit for me to commit to an advisory role and I look forward to contributing to their team in whatever way I can.”
Currently the Chair of investment group Leftfield Investments and mortgage manager TierONE Capital and a non-executive director of Charter Hall, Mr Paramor is recognised as a leading figure in Australia’s property industry. He was a co-founder of Growth Equities Mutual, Paladin Australia and the James Fielding Group and CEO of Mirvac Group between 2004 and 2008; and is past president of both the Property Council of Australia and Investment Funds Association.
Mr Paramor is also the current Chair of BackTrack, an organisation assisting vulnerable young people, and a board member of the Sydney Swans and Sydney Swans Foundation.
He was awarded an Order of Australia for services to the community and to the property industry in 2015 and was inducted into the Property Hall of Fame in 2019.
Read the exclusive interview with the Australian Financial Review.
