Richardson & Wrench

Richardson & Wrench is an Australian real estate company. It was founded in 1858 by Robert Richardson and Edward Wrench in George Street, Sydney.[1] In 1889, it was listed on the Australian Securities Exchange. It was taken over by Lendlease in December 1961 and delisted.[2] In 1982, Lendlease sold the business to Neil Collins, who in turn sold it in 1988 to the Malaysian WTK Group.[3][4][5]

As at 2016, Richardson & Wrench had 100 franchises in New South Wales and Queensland. It previously had offices in the Australian Capital Territory, Tasmania and Western Australia.[6] In 2016, it was purchased by chief executive Andrew Cocks in a management buyout.[7]

References

  1. Our Story Richardson & Wrench, retrieved 2024-03-07^
  2. TAKE-OVER CONFIRMED Canberra Times, 1961-12-14, retrieved 2024-03-07^
  3. Richardson & Wrench international buy-out Australian Jewish Times, 1988-05-27, retrieved 2024-03-07^
  4. Brett Clegg. Twiggy made me a billionaire Financial Review, 2008-05-09, retrieved 2024-03-07^
  5. Kie Chie Wong Forbes, retrieved 2024-03-07^
  6. Richardson & Wrench opens in Tasmania Australian Jewish Times, 1988-12-16, retrieved 2024-03-07^
  7. Robert Harley. Engineer turned CEO buys historic real estate network R&W Australian Financial Review, 2016-03-22, retrieved 2024-03-07^