Jonathan Petsalis

Jonathan has over 16 years’ experience in the property industry being focused on the provision of valuation and professional advice in relation to institutional grade office assets within the Sydney CBD, in addition to both residential and commercial developments. In additional Jonathan has played a significant role in the development and controlling the subsequent roll out of the CIVAS Discounted Cash Flow model to all Australian offices and throughout Asia. He leads the national Valuation & Advisory Services Office team across Australia and has recently worked on the following prominent valuations:

• Tower 2, International Towers Sydney;
• International House, International Towers Sydney;
• 25 Martin Place, Sydney;
• 1 Farrer Place, Sydney;
• 126 Phillip Street, Sydney;
• Darling Park & Cockle Bay Wharf, 201 Sussex Street;
• Macquarie Bank Building, 1 Shelley Street;
• Ernst & young Centre, 580 George Street; and
• King Street Wharf Retail Precinct.

2007 - Rookie of the Year Consultancy & Valuation

2009 - CU Expedition Camp attendee

2012 - NSW Employee of the Year

Property Type

Office

Services

Valuation and Advisory Services

Skills

Consultancy Services, Financial Analysis

Specializations

Ports Practice Group

Lendlease, Mirvac, Dexus, CBUS, Stockland, AMP, Brookfield, AMP Capital, Eureka, CorVal, Blackstone, Blackrock, Arcadia, Roxy-Pacific, ADIA, Deutsche, UTS, NSW Treasury Corporation

Dear Jonathan, Peter and Team,

As you well know NSW Premier Mike Baird yesterday announced that Port of Newcastle Investments Pty Ltd is the successful bidder for the 98 year lease of the Port of Newcastle.

The State secured $1.75 billion for the lease. This was an outstanding result as it represents 27x annual earnings based on the 2013 annual report.

We want you to know that you and your team have contributed to the result.

On behalf of my team, we sincerely express our gratitude for the individual and collective efforts of the past 10 months. Since July 2013, we have worked together to complete over 100 transactions (leases, AFL’s, licences and subdivisions). That is, 2.5 deals per week. The value of these new and renewed deals underpins 30% of NPC future annual earnings.

My team recognise that this volume of work was only achieved with you and your teams cooperation.

Peoples’ and organisations’ cooperation, competence, professionalism, flexibility and adaptability were evident at all times and this deserves recognition. The achievements of the past 10 months demonstrate that the efforts of many working in good faith can create an amazing level of productivity.

The new port lessee is Port of Newcastle Investments. This is a50/50 consortium of Hastings Funds Management and China Merchants. Both have significant Australian and global experience in operating and developing port and transport infrastructure assets. This means that there will be new and exciting work to do in the future and we look forward to working with you in that undertaking.

I encourage you to use me as a referee in your future business development.

Thank you.

​Peter Francis
​General Manager Port Development
​Newcastle Port Corporation