Three industry icons - Frank Lowy AC, Dick Dusseldorp AO and Ray Powys AM - have been announced as the inaugural inductees of the newly launched Australian Property Hall of Fame.
The inauguration ceremony took place in front of 600 people at the Property Congress Gala Dinner at Sydney Town Hall on Wednesday, 31 October 2012.
The Australian Property Hall of Fame has been established by the Property Council of Australia to honour individuals for their major pioneering contribution, sustained leadership and lasting legacy to the property industry and Australian society.
The three inaugural inductees are:
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Frank Lowy AC - Co-founder and Chairman of the Westfield Group.
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Dick Dusseldorp AO - Founder and Chairman, Lend Lease Corporation.
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Ray Powys AM - AMP’s first Property Investment Manager and Founding President and Inaugural CEO of the forerunner to the Property Council of Australia.
Property Council National President Darren Steinberg said each of the three inductees were giants of the industry.
“The Australian Property Hall of Fame acknowledges property industry pioneers whose astonishing imagination, unbridled energy and keen entrepreneurial talents transformed Australia into a dynamic, prosperous society,” Mr Steinberg said.
“The inaugural inductees not only shaped Australia’s urban landscape, they helped unleash an aspirational ethos and vitality that defines our national identity.”
Inductees were selected by the Board of the Property Council of Australia. It is planned to announce further inductees annually.
Inaugural inductees of the Australian Property Hall of Fame
Frank Lowy AC |
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Chairman and cofounder of the Westfield Group - one of the world’s largest retail property groups.
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Director, Reserve Bank of Australia, 1995-2005.
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Chairman, Football Federation Australia since 2003.
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Founder and Chairman, Lowy Institute for International Policy since 2003.
Renowned philanthropist.
Mr Lowy accepted his inauguration in person. |
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Dick Dusseldorp AO |
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Founder and CEO, Civil and Civic, 1951-1962.
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Founder and Chairman, Lend Lease, 1958-1988 – constructed the Sydney Opera House, developed new iconic buildings around Australia, created the world’s first listed property trust, pioneered progressive employment practices including superannuation, productivity agreements and employee profit share arrangements, and built Lend Lease into one of Australia’s most successful construction, real estate and financial services companies.
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Inaugural Chair, Dusseldorp Skills Forum, 1988-2000.
Mr Dusseldorp was represented on the evening by his granddaughter, Ms Marta Dusseldorp. |
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Ray Powys AM |
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Property Investment Manager, AMP, 1969-1979 – developed new iconic buildings around Australia, pioneered securitised property as an asset class in Australia.
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Founding President, Building Owners and Managers Association (forerunner to the Property Council of Australia), 1969-1974.
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Inagural CEO, Building Owners and Managers Association, 1979-1985.
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Significant contributor to Macquarie University, Burnie City Council, the disadvantaged, public broadcasters, State Rail Authority, CSIRO and many professional societies.
Mr Powys was represented on the evening by Mr Jack Ritch, a former colleague at AMP.
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Media contact:
Peter Verwer, Chief Executive, 0407 463 842
More information at www.propertyhalloffame.com.au
