PRD is a residential real estate franchise owned by Colliers International. Established originally as PRD (Property, Research and Development) on the Gold Coast in 1976 by Gordon and Archie Douglas, PRD grew to become one of Australia's real estate business success stories. PRD has grown to include more than 80+ real estate franchise offices throughout Australia.
In 2006 PRD was purchased by Colliers International, one of the largest real estate companies in the world. PRD is governed by a leadership team that consists of Tony Brasier - Managing Director and Todd Hadley - National Franchise Director.
The company recently invested heavily in its brand, modernising the brand promotions mix. This has further strengthened the position of the company as one of the leaders in residential real estate.
One of the company's greatest attributes is its property research unit which has enabled PRD a unique, competitive advantage through knowledge of property trends and providing valuable commentary within the media.
Currently the PRD research team produces in excess of 130 reports annually.