Raine & Horne announces Fiji expansion

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Aug 4, 2017

Raine & Horne announces Fiji expansion

Australian property giant, Raine & Horne, has launched Raine & Horne Fiji, and has flagged further expansion in the region.

Left to right, Angus Raine, CJ Shergill, Aveet Goundar, and Sanjay Krishnan.

Australian property giant, Raine & Horne, has launched Raine & Horne Fiji, and has flagged further global expansion.

The Fijian-owned and operated office will offer a full suite of real estate services.

Raine & Horne is a fourth generation family owned and operated business that was founded in Australia 134 years ago and launched its global network in 1989, when it opened an office in Malaysia.

The group recently opened two offices in Dubai, has plans for further expansion in the Pacific, the India, and the Middle East in the next 12 months.

Raine & Horne Executive Chairman, Angus Raine, said, “Australia is a global leader in the delivery of real estate agency best practice, and Raine & Horne is a global leader in terms of IT, marketing, training and agency systems, so it stands to reason that we are taking an aggressive approach to global expansion.

The new office's directors are CJ Shergill, Sanjay Krishnan and Aveet Goundar. Shergill and Krishnan both has successful careers in banking, and a decade of real estate experience. Goundar had a long career in IT, before moving to real estate in 2014.

“Sanjay, Aveet and I have decided to join Raine & Horne as it’s a recognised real estate brand and we have a long relationship with Bill Russell, the firm’s General Manager of International Business,” said Shergill.

“Importing Raine & Horne’s business practices will prove a big tick with Fijians because Australia has the best consumer protection laws, a sophisticated real estate industry, and very high standards of agency practice, especially in a franchised environment.”

Raine & Horne Fiji has offices in Lautoka and Nandi, and will be opening in Suva, Savusavu and Rakiraki, in Fiji’s cane-belt region.

Raine & Horne Fiji also plans to establish offices in Vanuatu, the Solomon Islands and Samoa. To support the growth, Shergill says the team will be extended from 10 licensed real estate agents to 30.

Raine & Horne Fiji is launching at a time when cultural shifts are changing the Fijian property market.

“In the past, a father would decide where family members would live in Fiji. This is changing and Fijian Millennials are making their own decisions about where they want to live and buy property,” said Shergill.