Strathalbyn RLA 316138
R&H
You are viewing an article that is not currently active

New era begins for Raine & Horne Commercial SA

November 8, 2024

Raine & Horne Commercial South Australia is launching into an exciting new chapter as award-winning business brokers Mr Simon Winter and Ms Melanie Winter of Raine & Horne Business Sales proudly announce their acquisition of the leading commercial property business.

The strategic acquisition strengthens Raine & Horne Commercial’s footprint in South Australia and reinforces its status as a leader in the state’s commercial real estate market.

In recent years, Raine & Horne Commercial South Australia, a full-service sales and leasing agency led by experienced principal David Ente, has completed 160 transactions totalling over $200 million. Notable sales, such as the $7.7 million transaction of 416 Western Approach Road in Port Lincoln, highlight the high-calibre deals that continue to define the office’s success.

To ensure a seamless transition, Mr Ente will stay in a sales and advisory role, supporting the Winters as they build on his legacy and maintain the business’s strong reputation in the commercial property sector.

Mr Chris Nicholl, Head of Commercial Network at Raine & Horne Commercial, expressed his delight with the decision, stating, “David has built an impressive legacy at Raine & Horne Commercial South Australia, and Melanie and Simon’s strategic decision to acquire the business ensures that this successful office remains a valued part of the Raine & Horne Commercial family.

“Simon Winter has won multiple awards, including the REIA’s Business Broker of the Year[i] , and along with Melanie, runs a fantastic business, and they are excited about the strategic opportunities in terms of the overlap between business sales and commercial real estate.

“As leaders in their field of business sales in South Australia, they know a thing or two about running a successful business. On this basis, Raine & Horne Commercial SA ticks every box, and Melanie and Simon will take the business from strength to strength.”

Ms Melanie Winter will lead Raine & Horne Commercial South Australia, following the acquisition opportunity presented by Mr James Trimble, General Manager of Raine & Horne SA. “It quickly became clear to us what a fantastic opportunity this is,” stated Mr Winter, who is also a Certified Public Accountant (CPA).

After a stellar career in residential real estate, property management and commercial sales, Ms Winter transitioned into business broking in 2016, leveraging her negotiation and marketing expertise. With her dedicated team, she has successfully transacted over 100 small business sales in the Adelaide area, with many referrals from past clients—a testament to her high level of service.

Business as usual at Raine & Horne Commercial SA

According to Ms Winter, the acquisition of Raine & Horne Commercial South Australia is being treated as business as usual, ensuring minimal disruption for existing staff. “All personnel will remain, which is great news for our commercial lessors.

“This acquisition includes a significant rent roll, featuring five property managers and approximately 570 commercial properties, which is a considerable asset for us. This stability in cash flow is invaluable.”

Ms Winter continued, “We will build on the foundation that David has established with Raine & Horne Commercial South Australia. It’s a testament to David that he has created such a fantastic business and team.

“As such, we have no intention of making any major changes to the operation, further underlined by the fact that David is maintaining a role within the business.”

Ms Winter added, “Selling businesses and properties creates a valuable synergy for us. The real advantage we’re already experiencing is that, with our foot in the door with Raine & Horne Commercial SA, we can now engage with clients about both services.

“If someone wants to sell their business, we can assist with the sale of their business premise as well—something that has been quite rare in Adelaide until now.”

For all your commercial sales and leasing needs in South Australia, contact Raine & Horne Commercial SA on 08 8172 1266 or visit the office at 8 Greenhill Road, Wayville.

[i] https://members.reisa.com.au/news/congratulations-to-our-sa-winners-tooptoop-and-simon-winter