Media release - Monday 2 April, 2012

The Real Estate Institute of Australia (REIA) has named Raine & Horne Commercial Canberra (RHCC) as Commercial Agency of the Year.

The announcement was made in Darwin on Thursday 22 March, at the REIA’s National Awards for Excellence.

Real Estate Institute of the ACT (REIACT) Director Craig Bright acknowledged that Raine & Horne Commercial Canberra “beat a tough field to secure the title.”

Frank Morella, Managing Director Raine & Horne Commercial Canberra, who was clearly thrilled with winning national recognition, said, “The award recognised the hard work and commitment of the entire team, in what has been a particularly challenging time in commercial markets.”

“That said, we expect that 2012 will be a positive year for ACT commercial markets as a consequence of Government funding concerns and Federal Budget constraints easing, which will in turn increase business confidence and conditions,” said Mr Morella.

Mark Terracini, Director, Raine & Horne Commercial Canberra, also noted the win was significant, as it confirmed that “local agencies that foster long term relationships, with key clients, can compete with the big four agencies.”

“We are a relationship-based business who has expert local knowledge and experience. Because we are a smaller firm, our clients deal directly with our principals, and we have a very strong team in place,” said Mr Terracini.

Angus Raine, CEO, Raine & Horne Commercial, applauded the historic win by Raine & Horne Commercial Canberra.

“Raine & Horne Commercial Canberra has been our leading commercial office for a number of years now, as they are deal making business committed to achieving premium results for their clients, which they are doing in spades.

“Frank Morella is also a born leader and natural negotiator who has immersed himself not only in the ACT commercial property market, but who has significant national experience too.”

In addition, Mr Raine applauded the efforts of Raine & Horne Commercial Brisbane Southside, who were also nominated in the hotly contested ‘Commercial Agency of the Year’ category.

“The fact that we have two offices in this category clearly vindicates our decision to expand our commercial network, which now includes 30 offices around Australia, including all capital cities and many major regional hubs.”

-ENDS-

For further media information contact:

Larissa Medenis, Raine & Horne Commercial Canberra on (02) 6239 6888

Andrew Harrington, National Marketing & Communications Coordinator on 02 9258 5400

Raine & Horne Commercial Canberra named Australian commercial agency of the year