Colliers International has appointed retail property specialist Terry McGrath to its senior leadership team, as the business’ major retail clients gear up to launch new developments in the first half of 2010. 

McGrath will oversee Colliers International’s NSW retail leasing business, which has grown 120 per cent year on year.

The announcement follows other recent top tier appointments across the business, including Peter Chittenden to the role of MD residential and Craig O’Donnell as national director retail investment sales.

McGrath has more than 20 years industry experience, with extensive concept and master planning, leasing strategies and lease negotiations expertise.

Nathan Clark, Colliers International national director retail, said the business is building a highly skilled retail team with quality people who have strong reputations in the market place.

“Terry will focus on seeking new clients with substantial NSW retail holdings, particularly concentrating on new developments which require master planning and leasing counsel,” he said.

“He has an established hard earned reputation in the industry as an extremely innovative planner and creative project leasing leader.

“Working for Institutions such as AMP, Dexus and Mirvac as well as private shopping centre owners, Terry has a track record of consistently exceeding project leasing objectives in terms of quality retailers, on time completion and above budget rental returns.”

McGrath said market indicators and general feedback from major retail property players is that new developments and refurbishments are now gearing up to launch in the first half of 2010.


“Similarly, although retailers have been extremely cautious about committing to new projects in the last 12 to 18 months, sentiment is also turning around from their viewpoint and they are now looking to again expand strategically in quality locations,” he said.

McGrath will be based at Colliers International’s Sydney CBD office. He previously operated his own retail property consulting group, McGrath Retail Innovations.