Richardson & Wrench

Last updated

Richardson & Wrench
Industry Real estate
Founded1858
FounderRobert Richardson
Edward Wrench
Headquarters,
Australia
Number of locations
100 (2016)
Area served
New South Wales
Queensland
Website www.randw.com.au

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] [3] In 1982, Lendlease sold the business to Neil Collins, who in turn sold it in 1988 to the Malaysian WTK Group. [4] [5] [6] [7] [ failed verification ]

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. [8] In 2016, it was purchased by chief executive Andrew Cocks in a management buyout. [9]

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References

  1. "Our Story". Richardson & Wrench. Archived from the original on 2023-03-09. Retrieved 2024-03-07.
  2. "TAKE-OVER CONFIRMED". Canberra Times . 1961-12-14. Retrieved 2024-03-07.
  3. Annual report for year ended 30 June 1962 Lendlease
  4. Annual report for year ended 30 June 1982 Lendlease
  5. "Richardson & Wrench international buy-out". Australian Jewish Times . 1988-05-27. p. 37. Retrieved 2024-03-07 via Trove.
  6. Clegg, Brett; Chessell, James; Vaughan, Michael; Clarke, Jo; Kehoe, John (2008-05-09). "Twiggy made me a billionaire". Financial Review . Archived from the original on 2024-03-06. Retrieved 2024-03-07.
  7. "Kie Chie Wong". Forbes . Retrieved 2024-03-07.
  8. "Richardson & Wrench opens in Tasmania". Australian Jewish Times . 1988-12-16. p. 38. Retrieved 2024-03-07 via Trove.
  9. Harley, Robert (2016-03-22). "Engineer turned CEO buys historic real estate network R&W". Australian Financial Review . Archived from the original on 2024-03-06. Retrieved 2024-03-07.