In a statement, the firm said the new Gold Coast office comes in response to the emerging local needs of PPB Advisory’s existing clients and presents an opportunity to develop stronger relationships to better service clients and market participants in the region.
The office will focus on supporting the firm’s clients active in the south east Queensland market, largely through real estate advisory and restructuring services.
PPB Advisory’s head of real estate, Garry McLean, said the region is currently one of the most promising and active real estate markets in the country.
“We look forward to providing advisory services and expertise to help existing and new clients tap those opportunities,” he said.
""We see enormous opportunity in the gold coast market. It's been a very flat market and very depressed market for some time but we are now seeing that opportunity emerge, particularly in real estate advisory".
The new office will be supported by members of the firm’s national real estate team, providing access to PPB Advisory’s extensive industry experience and capabilities.
PPB chief executive Stephen Purcell said “Establishing a presence on the Gold Coast supports the firm’s ongoing commitment to ensuring that strategic resources with a deep understanding of local issues and opportunities are available on the ground in key markets.”