50 Martin Place - An Evolution
Greg Smith, Executive Director, Pepper Property
Greg has worked together with Michael Silman, Head of Corporate Real Estate for Macquarie Group, for over 10 years. Greg and his team were involved in Macquarie’s 1 Shelley Street premises in Sydney and Ropemaker Place in London. Here, Greg discusses the value of independent advice and what the industry can learn from Macquarie’s innovative approach.
For ten years we’ve had the pleasure of working with Macquarie Group, and it’s truly been an evolution. From Shelley Street, Sydney to London and now Sydney’s Martin Place, it’s been an iterative journey for us. In my opinion 50 Martin Place is the next world-class workplace, especially with respect to heritage developments.
Managing a real estate portfolio is often about managing risk, and deciding what level of control best suits your objectives. When undertaking a risk assessment, we work with the client to consider what they require from a landlord and whether they are better served by being a tenant or an owner. Which option is best comes down to how you want to manage your portfolio and what your business objectives are.