Gerald Major

Gerald Major - Valuation Expert PerthGerald Major FAPI Diploma of Valuation and Advanced Certificate of Business (Real Estate) is a certified Practicing Valuer (Licensed Valuer No. 51 in the State of Western Australia) and a licensed Real Estate Agent (Triennial Certificate No. 37435).

Gerald has been involved in industrial, commercial and residential project real estate since the early 1970’s.

He was employed with Department of Industrial Development (1969 – 1970) involved in the development and sale of industrial estates at Kewdale, Canning Vale and Jervoise Bay (now Henderson Marine Park) at Henderson.

Following completion of his Diploma of Valuation (Perth Technical College) in 1972 Gerald joined P C Kerr & Associates as a Valuer and undertook a range of residential, industrial and commercial valuations.

In 1977 Gerald was invited into the PC Kerr & Associates partnership and in 1979 the SGIO appointed Gerald to project coordinate its new administration headquarters at 178 St Georges Terrace Perth. Gerald was involved in site acquisition / consolidation, a study tour to the United Kingdom and United States of America as to the latest office development trends particularly as it applied to energy conservation and efficiency, feasibility studies, appointment of builder and through a committee of management controlled the project to completion for a successful on time and on budget project to the complete satisfaction of the client. The excess office space in the building was then leased following establishment of a commercial leasing department with Gerald Major appointed director of leasing. Gerald later sold the building for $35,000,000.

In 1977 was appointed to the Secretariat of the Federation de International Geographique and attended a world congress in Sweden. From this connection Gerald was to set up with the Royal Sweden Institution of Technology in Stockholm a valuation student exchange with Curtin University (then the Western Australian Institute of Technology) Swedish students still continue to attend on this basis.

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During the early 1980’s Gerald was appointed to review plans for the Joondalup Development Corporation for the establishment of the regional Centre of Joondalup. Gerald’s role promoted smaller central business district lots and the adoption of a city approach to the planning process with optimised land use and revenue from land sales.

In 1985 Technology Park at Bentley was referred to Gerald for review of its property management and land sales program by the then department of Industrial Development under its Minister the Honourable Malcolm Bryce MLA. Gerald managed the property in excess of 10 years.

In 1983 Gerald was appointed to the property board of Wesley Church which later became the Uniting Church in the City Property Board, responsible for Wesley Church, Wesley Arcade and office tower, St Andrews Church, Westminster House Pier Street, Trinity Church and Trinity Arcade and Ross Memorial Church, Plaza and shops in West Perth. Gerald Major later (2004) oversaw the establishment of independent asset management and the plans for the refurbishment of Wesley Arcade and office tower.

In 1985 Gerald was appointed managing Director of Chesterton International and was an Australian director and managed the transformation of P C Kerr & Associated into part of a global real estate organisation.

As Chesterton’s managing director Gerald grew the local office of 35 Partners and staff to an office with a compliment of 85 people locally and 250 nationally to become recognised as one of the leading international real estate groups in Australia.

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Gerald was elected President of the Property Council (WA) Division in 1991 and served until 1993 (two terms) and was a National Director of the Property Council from 1993-1994. During his time as President of the Property Council he successfully lobbied for a land tax review following the large CBD vacancy in office space.

In 1995 Gerald retired from Chesterton to start Major Corporate a boutique corporate real estate agency and valuation consultancy practice and attracted clients such as Shell Co, Downing Lawyers, Home building Society, SGIO, State Government of Western Australia Property Division, Masonic Lodge of Western Australia, WA Fire Brigades Board MLC, AMP AND Deloittes.

In 1997 Gerald was elected to the Board of the Women and Infants Research Foundation attached to the King Edward Hospital for Women and continues to serve on the board.
In 1998 Gerald was elected to the Australian Property Institute divisional council and 2000 was appointed Senior Vice President of the WA division and attended the national council as Western Australian’s representative.

In 2002 Gerald was appointed to the Central Perth Planning Committee as the Chamber of Commerce and Property Council representative. The CPPC was a statutory planning review sub group of the Western Australian Planning Commission. Gerald resigned in 2005.
July 2002 The Noongar Foundation appointed Gerald through chartered accountants Deloittes to undertake due diligence for the acquisition of an investment property at 50 Colin Street West Perth.
In 2006 Gerald was appointed as Chairman of the Land Development Fund and Investment Review Board of Questus Funds Management Limited and continues to serve in that capacity.
In May 2007 the Lester Group appointed Gerald to act as a consultant for their lifestyle and leisure division in the establishment of a retirement village at Australind and Caversham. In February 2008 he undertook a study tour to the USA with the Lester Group with special interest in retirement village and new urbanism. Gerald’s group manages retirement villages for several clients including Platinum Communities at Balcatta and Police and Nurses Credit Society at Jacaranda Gardens Canning Vale.

Gerald has acted for Southern Cross Care, Mercy Care, Brightwater, Catholic Homes, Baptist Care and Churches of Christ Homes in a range of feasibilities and appointments involving retirement village marketing, sales and valuation. More recently Gerald has been appointed to act for the Department of Housing and Works on several research/feasibilities for joint venture ownership of retirement villages.

Gerald continues to operate a valuation practice on a wide range of property and project styles and has recently undertaken a number of complex valuation tasks including, contamination sites and large south coastal properties.

Valuation consultancies undertaken in conjunction with other consultant groups (Syme Marmion & Co and Hames Sharley) include the CBD review of proposed Metro Rail Station precincts and the impact on value of adjoining property including a land use study for the Perth City Council following establishment of the Farmer Freeway and the Bassendean Town Centre study on behalf of Department of Planning and Infrastructure.

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