Case Study

Creating Synergy

At Richard A Bobb we are focused on business or commercial opportunities, which allows us to “bring business together”.

Far from being an appealing catchphrase, the firm forged the concept that the intrinsic value in “blending the combination of the parts” would often exceed the total value of the separate business identities”.

At Richard A Bobb we believe that “Bringing business together” requires a careful and diligent analysis of the following personal attributes:

·       Vision;

·       Foresight;

·       Perseverance;

·       A propensity to “look outside the square” and to apply lateral thinking concepts.

The firm’s client relationships have now produced highly rewarding and beneficial client associations that have outlasted any negative skepticism amongst the “doubting Thomases”.

We believe “Bringing business together” requires not only trust and a solid belief that persons of integrity and competence will continue to demonstrate such characteristics, going forward, but will, equally, perform to the same standards of excellence once engaged with prospective business partners they have been introduced to.

 

CASE STUDY

Mayfair Developments (Aust) Pty Ltd had been a successful property owner, with a long history of property development in The Rocks, a historical precinct located on the edge of the Sydney CBD. It had acquired the ground lease from the Sydney Cove Authority (as it was then known) in respect of a residential development site. This Authority is now known as the Harbour Foreshore Authority.

Unable to proceed further, and with the prospect of forfeiting a substantial payment for the ground lease, the firm was instrumental in introducing Mayfair Developments (Aust) Pty Ltd to the Amstal Property Group. The Amstal Property Group was able to use its substantial technical and commercial expertise and experience to resuscitate the deal.

The result: completion and sale of a luxury residential apartment building at 16 Hickson Road, The Rocks. This meticulously completed, and state-of-the-art residential apartment building, sporting the latest fashionable inclusions, is a fascinating and captivating success story for those facing an initial lack of opportunity, which can be overcome by “bringing business together”.