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In profile: Colliers International Canberra director Michael Heather
By
Larry Schlesinger
Colliers International’s Michael Heather heads up its investment services in Canberra, a market in the spotlight in an election year. He says he would invest a spare $750,000 in the IQ apartment complex in Canberra City.
Position: Director, Investment Services Company: Colliers International Office Location: Canberra How long have you been in the industry? – Five years What’s happening in the area you specialise in? – Yields are holding steady for prime office assets with strong cash flow security while yields for secondary office assets are more volatile Describe the most interesting property you have sold – Brucella, it was a vacant commercial building previously occupied by the Therapeutic Goods Administration which was used for testing pharmaceuticals What are the ingredients to being successful in your job? – Persistence, effective communication, technical expertise and knowledge of local market What aspects of your role do you enjoy the most? – Satisfaction from brokering a deal between a seller and a buyer Where would invest a spare $750,000? – In the soon to be developed IQ apartment complex in Canberra City Which football team do you support? – Sydney Swans What’s your favourite app or techno gadget? – the AFL app on my ipad How do you use social media? – I am on LinkedIn |
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Much has been spoken about the global property market and that our market will ultimately follow a similar fate and I am always at pains to point out not all property is created equal.
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Agent: Michael Heather












