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Huge growth for Ray White Commercial DB

After launching just six months ago, Ray White Commercial DB has continued to grow and strengthen its team.

Dan Taase and Dean Fester have joined managing director and principal Zorick Toltsan in the business, bringing energy and experience in their roles.

Mr Taase brings 15 years experience in commercial real estate, specialising in large off-market transactions across all asset classes. In his role as a senior sales and leasing executive he has an enviable set of skills with his ability to source properties for his clients and discover rare opportunities.

Sales and leasing associate Dean Fester has also joined the team. After serving in the military and working as a technical dive instructor overseas, Mr Fester has taken up a career in commercial real estate. Mr Fester has already had some notable successes and has been a great addition to the team.

Mr Toltsan said he hoped to continue to grow the business over the next year.

“In the next 12 to 18 months we hope to grow our business to include five or six staff including sales and leasing agents and support staff,” he said.

“Ongoing recruitment is crucial to the success of any business, and a daily priority.”

Ray White Commercial DB operates in conjunction with powerhouse residential office Ray White Double Bay.

“The synergy with the residential office has been fantastic,” Mr Toltsan said.

“The vision for Ray White Double Bay was similar to that of a financial services firm where clients can obtain superannuation, insurance, investment and accounting advice, whereby the client can obtain all their needs under the one roof.

“This is why it was so important to add the commercial property business to the group, to allow us to cater to all real estate services required by our clients in both commercial / residential sales, leasing and property management.”

Mr Toltsan said the commercial property market remained buoyant despite the uncertainty.

“The uncertainty is derived from rising interest rates, cost of living and construction costs with buyers / tenants sitting on the fence waiting to see how the rest of the year plays out,” he said.

“Leased investments with strong lease covenants such as medical centres, pharmacies and supermarkets are performing well, with plenty of interest and appetite from buyers in the health care, build to rent, and the owner-occupier space.”

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